Top 5 Fundamental Stock Picks: Brokerage selects automakers, FMCG giant, PSU, and more; know targets
Top 5 Fundamental Picks: Leading share market indices BSE and NSE ended their respective trading sessions in green on Friday. Ahead of the next trading session on Monday (May 13, 2024), brokerage Sharekhan has picked five fundamental shares. It has picked Hero MotoCorp, Pidilite Industries, PSU Coal India, FMCG giant Hindustan Uniliver, and Ashok Leyland. In this write-up, know the target prices of these shares.
Photos: Pixabay/Unsplash
Hero MotoCorp
Want to buy the Hero MotoCorp stock? The target for 12 months is Rs 6,057. The share closed at Rs 4877.25 on BSE on 9 May, 2024. In this way, there can be further upside of 19.47% in the stock.
Pidilite Industries
Sharekhan has given a target of Rs 3,170 for 12 months. The share closed at Rs 2,919.60 on 9 May 2024. In this way, there may be further upside of 7.90% in the stock.
Coal India
For the PSU, the brokerage has given a 12-month target of Rs 550. The share closed at Rs 449.40 on 9 May 2024. In this way, there may be further upside of 18.29% in the stock.
HUL
For the FMCG giant, Sharekhan has given a target of Rs 2,910. The share closed at Rs 2,357.10 on 9 May 2024. In this way, there can be further upside of 19% in the stock.
Ashok Leyland
For the automaker, Sharekhan's target for 12 months is Rs 219. The share closed at Rs 198.20 on 9 May 2024. In this way, there may be further upside of 10.49% in the stock. (Disclaimer: The advice for investing in shares here has been given by brokerage firm Sharekhan. These are not the views of Zee Business. Consult your advisor before investing.)