Note these five shares, money will be made fiercely, big brokerage firm told the target

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According to Motilal Oswal, the capital market in India is growing rapidly and it will increase further in the next decade. The report said that digital techniques have made investment easier and in the coming years AMC, brokers and they …Read more

Note these five shares, money will be made fiercely, big brokerage firm told target
New Delhi. This golden era of the capital market has started in India. This is the time of new investment and progress for asset management companies (AMCS), brokers, wealth managers, and other financial institutions. This is to say that a big brokerage firm in India. Its reports also states that digital techniques such as e-KYC, UPI, and account aggregation have made the process transparent and safe for investors. In the coming years, AMC, brokers and wealth managed companies will have good profits.

Motilal Oswal Financial Services reports that India’s Demographic Divide will gain momentum in the next decade. About 10 crore people will join the workforce and 10 crore families will enter the middle income class. The number of high net worth individuals (HNIS) and ultra-high net worth individuals (UHNIS) is likely to grow at an annual growth rate of 12%. The annual growth rate of 17-45 per cent will be seen during the entire ecosystem of the capital market such as AMCs, brokers, exchange, and wealth managers during 3 years (FY 24 to 27). Apart from this, there will also be a good improvement in profit growth (12-75 percent CAGR) due to their fixed cost nature.

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Although the Indian capital market is growing rapidly, in many cases it is behind the global average. The number of demat accounts is only 12 per cent, while in the US it is 62 per cent. The AUM-to-GDP ratio of mutual funds is 17 percent in India, which is much less than the global average of 65 percent. Nevertheless, companies related to this work can get good benefits. Motilal Oswal has released stocks and their target price of some companies.

(Disclaimer: Stocks below are based on the advice of brokerage houses. If you want to invest in any of these, consult the first certified Investment Advisor.

Stocks and their target

HDFC AMC: Its shares are at the level of ₹ 4,365 and are expected to go up to ₹ 5,200 (+19%).

Aditya Birla Sun Life AMC: Its shares are at ₹ 848 and can go up to ₹ 1,100 (+30%).

Angel One: Currently trading at ₹ 3,292, and is expected to increase by ₹ 4,200 (+28%).

BSE: This stock at ₹ 5,396 can go up to ₹ 6,500 (+20%).

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Malkhan Singh

Malkhan Singh has been active in the world of news and content for the last 16 years. In the journey from print media to digital media, the name of many well -known institutions is connected in profiles. Working with News18Hindi for two and a half years …Read more

Malkhan Singh has been active in the world of news and content for the last 16 years. In the journey from print media to digital media, the name of many well -known institutions is connected in profiles. Working with News18Hindi for two and a half years … Read more

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Note these five shares, money will be made fiercely, big brokerage firm told target

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