Stock Tips: Golden Chance of being rich! Brokerage told 3 strong shares, will get returns up to 23%

New Delhi. If you are also looking for earning shares, then this news is for you. The country’s well-known brokerage firm Motilal Oswal has suggested three shares, which can give you tremendous returns ranging from 11% to 23% in the coming time. Brokerage has given ‘bye’ ratings to Mahindra & Mahindra, HCL Tech and Axis Bank share. Motilal Oswal believes that strong strategy, brand value and focused business models will strengthen these companies and it will have a direct impact on their stocks.

Motilal Oswal says that Mahindra & Mahindra will be able to increase market share in the auto sector in the coming time. The company plans to launch 23 new models in the SUV and LCV segment by 2030. The company is also strengthening its electric SUV portfolio. In the tractor segment, M&M’s intention is to make a strong hold. Brokerage says that in FY24 and FY25 M&M has performed better than target in 18% Roe and profit growth. Brokerage House has fixed the target price of Mahindra and Mahindra share ₹ 3,643, which is about 18 percent more than its current price.

Also read- Anthem Biosciences IPO: Chance to print money! In this IPO, the money is broken, more than 4 times filled, the last day today

HCL Technologies Share

HCL Technologies have introduced weak results in the first quarter of FY26. Net profit dropped 10% on an annual basis. The company’s revenue and operating margin have recorded an increase of 8.2% and 3%. Motilal Oswal hopes that Q2 FY26 may grow 9.4% in the company’s revenue, 2.1% in profit and 5.3% in EPS. HCL Tech’s target price Motilal Oswal has fixed ₹ 2,000, which is 23% more than its current price.

Motilal Oswal is also a bulish on Axis Bank share. Brokerage has given it a ‘neutral’ rating, but has described its fundamental as strong. The loan growth of the bank in FY25 was slightly slow as the first credit-delivery ratio was 92.6%, which has now come down to 88.7%.

The brokerage firm believes that the bank’s valuation is still attractive and the Risk-Reward ratio is balanced. However, for further performance, the situation of credit cost, margin and growth is necessary to be clear. By FY27, the bank can achieve 1.74% ROA and 15.3% Roe. On this basis, a target price of ₹ 1,300 of Axis Bank has been fixed, which shows a possible profit of 11%.