PSU power stocks to BUY: Brokerage sees up to 35% upside potential on these 4 largecap scrips - Check targets
PSU power stocks to BUY: Markets remain volatile as equity benchmark indices declined in early trade on Wednesday. The BSE benchmark Sensex declined 239.69 points to 78,435.49 and the NSE Nifty went down 103.15 points to 23,780.30 in early trade.
PSU power stocks to BUY
PSU power stocks to BUY: Amid this volatility, global brokerage firm Macquarie has suggested investors to purchase power sector stocks. According to the brokerage, investors can get up to 35 per cent return in four PSU stocks - PFC, REC, NTPC, and Power Grid.
PSU power stocks to BUY: PFC Share Price Target
PSU power stocks to BUY: Macquarie has reinstated an outperform rating on PFC with a target of Rs 630. This is around 35 per cent higher than the last trading price of Rs 466.85.
PSU power stocks to BUY: REC Share Price Target
PSU power stocks to BUY: The brokerage has reinstated the outperform rating on REC with a share price target of Rs 660. This target is around 28 per cent higher than the last trading price of Rs 514.50.
PSU power stocks to BUY: NTPC Share Price Target
PSU power stocks to BUY: Macquarie has also reinstated an outperform rating for NTPC and has set the target of Rs 475. This stock closed at Rs 380 on November 12. From here, it can give a return of 25 per cent.
PSU power stocks to BUY: Power Grid Share Price Target
PSU power stocks to BUY: Macquarie has given an outperform rating to Power Grid with a target of Rs 380. The counter can gain around 17 per cent from the last trading price of Rs 322.50.
PSU power stocks to BUY: Disclaimer
PSU power stocks to BUY: The advice to invest in stocks here has been given by the brokerage house. These are not the views of Zee Business. Consult your advisor before investing.