From NTPC to Maruti Suzuki: Sharekhan has 5 strong fundamental picks for up to 24% return; know brokerage calls and share price targets
Sharekhan 5 Top Stocks to Buy: Brokerage house Sharekhan has advised buying 5 quality stocks with strong fundamentals. These stocks include Bajaj Finance, Sun Pharma, Maruti Suzuki, Dabur, and NTPC.
Sharekhan 5 Top Stocks to Buy: Among leading Indian indices, BSE Sensex ended the trading session on Monday (July 8, 2024) 36 points lower at 79,960. On the other hand, Nifty50 ended the day flat at 24,321. Titan, Divi's Labs were among the losers on NSE. Even as the market closed a bit lower, brokerage house Sharekhan has advised buying 5 quality stocks with strong fundamentals. These stocks include Bajaj Finance, Sun Pharma, Maruti Suzuki, Dabur, NTPC. These stocks can give returns of up to 30 per cent in the next 1 year.
Photos: Pixabay/Unsplash
(Disclaimer: The stock investment advice given here is given by the brokerage house. These are not the views of Zee Business. Consult your advisor before investing.)
Sharekhan on Bajaj Finance
Sharekhan has made Bajaj Finance a long-term pick. It has given a 'buy' rating on the automaker with a 12-month target price of Rs 9,300. The stock of the large-cap firm closed on BSE on Monday (July 8, 2024) at Rs 1,555.65. In this way, the stock can give a return of 23.69 per cent from its current price.
Sharekhan on Sun Pharma
The brokerage house has given a 'buy' call on the pharma giant. The 12-month target price for the share is Rs 1,800. It ended trading on Monday at Rs 1,565.55. It means, the stock can give a return of 13 per cent from its current price.
Sharekhan on Maruti Suzuki
Sharekhan has given a 'buy' rating on Maruti Suzuki. The 12-month share price target for the auto giant is Rs 14,434. The stock closed trading on Monday at Rs 12,051.00. It means, the stock can give a return of 16.50 per cent.
Sharekhan on Dabur
The brokerage has given a 'buy' call on Dabur. The 12-month target price per share is Rs 715. The stock closed on Monday at Rs 623.30. As per the brokerage house, the stock can give a return of 12.82 per cent from its current price.
Sharekhan on NTPC
The brokerage has a 'buy' stance on the multibagger PSU stock. The 12-month target for the stock is Rs 425. It closed the session on Monday at Rs 377.55. So, the stock can give a return of 11.17 per cent from its current price, as per Sharekhan.