Stock Market

SBI Life, L&T, Ashok Leyland can give up to 55% returns, after strong results, become the choice of brokerage

If you are confused about investing, then it is better to take a look at those stocks in which brokerage houses are advising to invest after checking the fundamentals. After earning, many such shares have become the choice of brokerage houses.

Brokerage Houses Favorite Stocks: Investors are cautious about investing in the high valuation stock market. At present, there has been a significant rally in many stocks, due to which there is also a fear of profit recovery. If you are also confused about investing, then it is better to take a look at those stocks in which brokerage houses are recommending investment after checking the fundamentals. After the current earnings season, many such stocks have become the choice of brokerage houses, in which either profits are coming, or there are indications of further profit for the company. Here we have given information about 4 such stocks for today, in which the brokerage house has given investment advice.

Brokerage houses give advice to invest or sell in any stock only after checking its fundamentals. His research includes whether the company is making profits or whether the company is able to reduce its debt or not. How is the balance sheet of the company, what is the status of order book. What is the track record of the promoters, how much is their focus on growth. Due to all these reasons, if there is any risk factor with the company, then that also comes to the fore. At the same time, due to the choice of brokerage, the sentiments regarding the stock are also better.

L&T

Brokerage house HSBC has given buy advice in the stock of L&T. The target for the share has been kept at Rs 2360. On the other hand, brokerage house Credit Suisse has given outperform rating in the stock and has kept the target for the stock at Rs 2450. Monday’s stock closed at Rs.1947. In this sense, it can give 25 to 26 percent return. The brokerage house says that the company’s cash flow is better and margins are improving. In the coming days, infra activities will increase, which will benefit the company.

SBI Life

Brokerage house CLSA has expressed confidence in SBI Life. The brokerage has given buy advice in the stock and the target has been fixed at Rs 1800. The current price of the share is Rs 1160. In this sense, it can give 55 percent return. The brokerage house believes that good growth is possible in the company going forward.

Ashok Leyland

Brokerage House Nomura has given buy opinion in Ashok Leyland and has set a target of Rs.157 to Rs.175. The brokerage says that the company’s second quarter results have been as per estimates. At the same time, the CV cycle will get support from the economic revival. On the other hand, Jefferies has also increased the target from Rs 150 to Rs 157 giving a buying opinion. Macquarie has given a neutral rating but has increased the target from Rs 132 to Rs 162. The current price of the stock is Rs 150, so it can give a return of 17 per cent.

UltraTech Cement

Brokerage house Credit Suisse has rated outperform in UltraTech Cement and has set a target of Rs 9250 for the stock. At the same time, Macquarie has also given an outperform rating and has set a target of Rs 9147. The current price of the share is Rs 8050. In this sense, a return of 15 percent can be given in it. The brokerage believes that with the increase in housing and construction activity, the demand for cement will increase, which will benefit the company.

(Disclaimer: The investment advice here is given by the brokerage house. This is not the personal view of dgmartpro Business. Markets are risky, so take expert opinion before investing.)

,

Show More

Related Articles

Leave a Reply

Back to top button