Up to 43% return! Hindware Home Innovation among 5 stocks set to rally - Check targets by brokerage
Stocks to buy: Benchmark equity indices Sensex and Nifty surged nearly 4 per cent in early trade on Monday to hit their fresh all-time high levels. The surge comes as all major exit polls predicted a massive win for the BJP-led NDA.
Stocks to buy
Stocks to buy: Amid this, brokerage firm Sharekhan has picked five stocks that can give up to 43 per cent return. The shares picked the borkerage are - Suprajit Engineering, Lumax AutoTech, Hindware Home Innovation, Samhi Hotels, Garware Hi-Tech. Check target price.
Stocks to buy: Suprajit Engineering
Stocks to buy: Sharekhan has given a 'BUY' rating on Suprajit Engineering with a target of Rs 535 per share. On May 31, 2024, the share closed at Rs 442. At this price, the stock can yield further returns of 21 per cent.
Stocks to buy: Lumax AutoTech
Stocks to buy: The brokerage has given a 'BUY' rating on Lumax AutoTech and has set the target of Rs 552 per share. On May 31, 2024, the share closed at Rs 489, which means the stock still has the potential to give 13 per cent returns.
Stocks to buy: Hindware Home Innovation
Stocks to buy: Hindware Home Innovation is another stock picked by the brokerage firm. The target set by Sharekhan is Rs 510 per share. On May 31, 2024, the scrip closed at Rs 356. At this price, the stock can offer returns of 43 per cent.
Stocks to buy: Samhi Hotels
Stocks to buy: Sharekhan has given a BUY rating on Samhi Hotels with a target of Rs 243 per share. The counter had closed at Rs 182 in the last trading session on May 31. At this price, the stock can give further returns of 34 per cent.
Stocks to buy: Garware Hi-Tech
Stocks to buy: According to the brokerage investors can buy Garware Hi-Tech shares with a target price of Rs 2,373 per share. On May 31, 2024, the share closed at Rs 1,808. At this price, the stock can give further returns of 31 per cent.
Stocks to buy: Disclaimer
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.