PSU stocks to BUY for up to 60% return: Brokerage bullish on 4 largecap, 1 smallcap scrips - Check targets

ZeeBiz WebTeam | Oct 23, 2024, 11:17 AM IST

PSU stocks to BUY, Stocks to BUY for Long Term: Benchmark indices fell in early trade amid selling pressure on Monday. The BSE Sensex index lost 299 points to open at 79,921.13, down by 0.37 per cent, in early trade. On the other hand, the Nifty 50 index opened at 24,378.15, down by 93.95 points or 0.38 per cent.

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PSU stocks to BUY, Stocks to BUY for Long Term

PSU stocks to BUY, Stocks to BUY for Long Term: However, Diwali is an auspicious occasion in terms of investment and brokerage firm Prabhudas Lilladher has advised buying a few PSU stocks for 1 year.

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PSU Stocks to BUY, Stocks to BUY for Long Term: Up to 60% return

PSU Stocks to BUY, Stocks to BUY for Long Term: Among the stocks suggested by the brokerage firm are NTPC, BHEL, Coal India, and others. According to the brokerage firm, these stocks can give a return of 60 per cent in one year i.e. by next Diwali. The share price has been taken on the basis of the October 21 closing.

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PSU Stocks to BUY, Stocks to BUY for Long Term: BEL Share Price Target

PSU Stocks to BUY, Stocks to BUY for Long Term: The brokerage firm has given a target of Rs 426 per share for BEL or Bharat Electronics Ltd. It suggested investors keep a stop loss of Rs 240. The stock can give a return of 51 per cent.

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PSU Stocks to BUY, Stocks to BUY for Long Term: NTPC Share Price Target

PSU stocks to BUY, Stocks to BUY for Long Term: Prabhudas Lilladher has given a buy call on NTPC with a target price of Rs 590 and a stop loss of Rs 360. The stock can give a return of more than 40 per cent.

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PSU Stocks to BUY, Stocks to BUY for Long Term: BHEL Share Price Target

PSU stocks to BUY, Stocks to BUY for Long Term: The brokerage has set a target of Rs 390 per share for BHEL with a stop loss of Rs 215. The stock has the potential to give a 60 per cent return.

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PSU Stocks to BUY, Stocks to BUY for Long Term: Coal India Share Price Target

PSU Stocks to BUY, Stocks to BUY for Long Term: The brokerage has set a target of Rs 690 per share for Coal India and a stop loss of Rs 415. It can give a return of over 42 per cent.

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PSU Stocks to BUY, Stocks to BUY for Long Term: GMDC Share Price Target

PSU Stocks to BUY, Stocks to BUY for Long Term: Investors can buy shares of GMDC for a target of Rs 544 and can keep a stop loss of Rs 305. It can give a return of 54 per cent.

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PSU stocks to BUY, Stocks to BUY for Long Term: Disclaimer

PSU stocks to BUY, Stocks to BUY for Long Term: 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.

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