Stock Picks: Brokerage firm Motilal Oswal has included shares of public sector companies ONGC and Coal India in its top research concept.
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.)