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Stocks to Buy: Last week, the stock market has disappeared today and Sensex and Nifty are trading in red mark. The market has been hitching for some time. If one day climbs, it falls on the other day. In the situation of uncertainty in the market, it is right to invest in quality stocks from a long -term perspective.
Brokerage firms Motilal Oswal and Sharekhan have also advised to buy some of good fundamental stocks, which can be included for good profits in the portfolio for more than a year. While Motalilal Oswal is bullish on Power Grid, HCL Tech, REC, Sharekhan has advised to invest in Tata Power and D Development Engineers’ stocks.
Brokerage firm Motilal Oswal has given the power grid share in his fundamental pick. Brokerage has fixed the target price of this stock at Rs 426. Today this stock is trading at Rs 334. In this way, the current price can get a strong return of about 28 percent in the stock.
Brokerage has advised to invest in IT sector company HCL Tech. Brokerage has kept its target price of Rs 2300. Today i.e. Monday, December 16, is trading at Rs 1955. The current price is expected to rise 17 percent.
Motilal Oswal has made PSU share REC a fundamental pick and has fixed the target price of Rs 630 for this share. On 16 December 2024, the stock is trading at Rs 559. In this way, 13 percent of upside can be seen in this stock in a year.
There is also Motilal Oswal Bulish on Bank of Baroda stock. Brokerage believes that this stock can touch a level of Rs 290 in a year. Today this stock is trading at Rs 258. In this way, this stock is expected to gain 12 percent further from the current price.
Motilal Oswal has advised investors to invest money in hotel stock lemon tree and have kept a target price of Rs 165. Today, this stock is trading Rs 149 on December 2024.
Sharekhan has given a ‘BUY’ rating to Tata Power shares and has fixed its target price of Rs 540. Tata Power shares are traded on December 16, 2024 at a price of Rs 425. In this way, this stock can give a return of about 26 percent in the current price.
Sharekhan has also given a by -rating to the De Development Engineers share listed three months ago. Brokerage believes that the company’s order book remains strong. The company has also received an export order of Rs 140 crore from one of its existing clients. Sharekhan has fixed the target price of this stock at Rs 450.
(Disclaimer: Stocks mentioned here are based on the advice of brokerage houses. If you want to invest money in any of these, consult the first certified Investment Advisor. News18 will not be responsible for any kind of profit or loss.)
