From NTPC to Coal India - 5 stocks to buy for solid returns in 1 year | Check targets
Stocks To Buy: There is a good recovery in the share market as benchmark equity indices continued to rally for the third day running on Friday. In the past two days, the BSE benchmark surged 2,995.46 points or 4.15 per cent after Tuesday's massive rout.
Stocks To Buy
Stocks To Buy: In such a scenario, investors must have a long-term view. Brokerage house Sharekhan has picked 5 stocks to buy with strong fundamentals. These include NTPC, HUL, Indian Hotel, Coal India, Bank of Baroda. According to the brokerage, stocks of these companies - including some PSUs - can give returns of up to 22 per cent in the next 1 year. Check the target price.
Stocks To Buy: NTPC
NTPC is an Indian central Public Sector Undertaking (PSU) under the ownership of the Ministry of Power. Sharekhan has given a BUY rating on NTPC and has set the target per share at Rs 425. On June 6, 2024, the share closed at Rs 351. At this price, the stock can yield further returns of 22 per cent.