Stocks to Buy for Long Term: Titan, Power Grid, HDFC Life and 2 more stocks to buy for up to 26% gains; check out targets
The brokerage suggests buying PSU stock Power Grid for a target of Rs 425 each. This means the stock can provide up to 20 per cent returns from its last closing price of Rs 354.2.
Indian equity indexes began down on Monday (September 30), with foreign money outflows and mostly weak Asian markets, including Japan's Nikkei index, which fell over 5 per cent.
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Sensex and Nifty today
At 11.18 AM, Sensex was down 857 points or 1 per cent at 84,714.9 and Nifty was down 248.8 points or 0.95 per cent at 25,930.9.
MOFSL picks 5 stocks for 1 year
Meanwhile, brokerage Motilal Oswal Financial Services Ltd (MOFSL) suggests buying five stocks from a long-term perspective.
Stocks to buy today
These stocks include Ambuja Cement, HDFC Life, Varun Beverages, Power Grid, and Titan Company. A look at their targets and stop losses.
Ambuja Cements share price target
The first stock on the list is Ambuja Cement for a target of Rs 800 each. This means the stock can provide up to 26 per cent returns from its last closing price of Rs 633.8
HDFC Life Insurance Company share price target
The brokerage also suggests buying HDFC Life shares and the target is Rs 900 each. This means the stock can provide up to 23 per cent returns from its last closing price of Rs 730.5.
Share price target of Varun Beverages
The next stock on the list is Varun Beverages for a target of Rs 740 each. This means the stock can provide up to 21 per cent returns from its last closing price of Rs 609.3.
Power Grid Corporation of India share price target
The brokerage also suggests buying Power Grid shares for a target of Rs 425 each. This means the stock can provide up to 20 per cent returns from its last closing price of Rs 354.2.
Titan Company share price target
The last stock on the list is Titan Company shares. The target is Rs 4,150. This means the stock can provide up to nine per cent returns from its last closing price of Rs 3814.3.
Disclaimer: The views/suggestions/advices expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.