Dr. Reddy’s Lab, Varun Beverages, what investors should do in the policy market, can get strong returns

Stock brokerage report: Due to the war situation between Russia and Ukraine, the Indian stock market opened with a fall. Trading in the capital market is a red line. The Sensex opened with a fall of more than 600 points, with the Nifty registering 50 and the fall. The Nifty 50 is trading below the 16700 level. In such a situation, the world’s leading brokerage firms have suggested buying shares and have set buying targets. If you as an investor plan to buy in the stock market and want to get strong returns, you can invest money in these stocks. Brokerage companies have given their latest call to these stocks in terms of business development or the company’s earnings outlook. The list of shares offered by the brokerage company includes Dr. Reddy’s Lab, Varun Beverage and Policy Market.

Dr. Reddy’s Laboratories: Buy

Nomura Brokerage Company has Dr. Reddy’s Lab for buying. The brokerage company has set a target price of Rs 5,552 for buying here. The current market value of this lion at the moment is 3,999, so in this sense, investing money in this stock can give the investor a return of up to 38 percent.

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Varun Beverages – Buy

Brokerage company Jefferies has advised to keep the opinion of buying this stock. Here the brokerage company has set a target price of Rs 1215. The stock traded at Rs 976.80 during the March 2 trading session. In this sense, investors can see upwards of 24 percent in investing money. The company has contracted with PepsiCo to make crisps and puffcorn. It is the first beverage company in the country to manufacture non-beverage products.

PB Fintech (Policy Market) has increased its rating

Brokerage company UBS has upgraded the stock to neutral. However, the target price has been reduced from 1050 to 60 rupees. The brokerage company says its annual run-rate has improved. The margins are up.

(Disclaimer: Investment advice here is provided by a brokerage house / expert. This is not a G-Business opinion. Consult your advisor before investing.)