Brokerage bullish on these 2 PSU stocks below ₹ 200 is expected to return up to 26% in 12 months.

Need to buy stocks: Due to geopolitical tensions, India is fluctuating in markets around the world. It has also affected the domestic market. In that case, if you want to include any quality stock in your portfolio, you can bet on shares of public sector companies ONGC and Coal India. Both are included in the top research ideas of PSU stock brokerage firm Motilal Oswal. The brokerage has suggested buying these shares from a 1 year perspective.

ONGC: Target Rs

Motilal Oswal, in his top research concept, bets on PSU stock ONGC in the oil and gas sector. The brokerage has given a ‘buy’ rating with a target price of Rs 225. The deadline has also been extended to more than a year. On March 8, 2022, ONGC’s share price stood at Rs. That way, investors can get a return of Rs 46 per share or about 26 per cent of the current price. In the last one year, this stock has increased by about 54 percent.

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Coal India: Target 217 rupees

Brokerage house mining sector company has advised Coal India to “buy” with a target price of Rs 217. Investment aspect more than 1 year. On March 8, 2022, the share price of Coal India stood at Rs. 189. That way, investors can get a return of about Rs 28 per share or about 15 per cent of the current price. In the last one year, this stock has increased by about 24 percent.

(Disclaimer: The investment advice here is provided by the brokerage house. This is not a G-Business opinion. Please consult your advisor before investing.)