The two-week ceasefire between America and Iran has given a big relief to the stock market. With the news of this peace, a new energy has returned not only in India but in the markets all over the world. Sensing this changing and positive environment, the big giants of the market have selected some such stocks which can give new heights to your portfolio. Well-known brokerage firms like Nomura, Jefferies, HSBC, Nuvama and JM Financial have released a list of 10 such strong stocks whose fundamentals are strong. By investing in these shares you can earn a huge profit of up to 54 percent. Let us know about these 10 shares.
Big brokerage houses have their eyes on these 10 stocks
- Tata Consultancy Services (TCS): Foreign brokerage firm Nomura has maintained ‘buy’ rating on India’s largest IT company. Nomura has increased its target price from Rs 2,840 to Rs 2,930. The company is continuously getting great deals, due to which it is expected to grow by about 13.2%.
- Hindustan Aeronautics (HAL): JM Financial is betting big on the government defense company and has given a target of Rs 4,875. Due to the Indian Air Force’s campaign to replace its old fleet, the company is expected to get big orders, due to which investors can get a profit of up to 25%.
- HDFC Asset Management Company (HDFC AMC): Jefferies has given a ‘buy’ call on this stock and a target of Rs 2,960. Equity investment in India is still increasing, given that the company’s assets under management are estimated to grow at the rate of 20 percent. An increase of 26% can be seen in this.
- Adani Ports and Special Economic Zone: Nomura has advised to buy this stock with a target of Rs 1,850. Despite tensions in the Middle East, the company’s container traffic has remained strong. A jump of up to 34.3% may be seen in this.
- Sobha Ltd: Nuvama has given ‘buy’ rating on this real estate giant. Despite the mixed performance of the fourth quarter, it has been given a target of Rs 1,631 in view of the strong growth prospects going forward. There is scope to go up by 41%.
- Max Financial: Seeing the strong growth in this, Jefferies has given an excellent target of Rs 2,125. The stock is expected to gain up to 42% on the strength of its army of 55,000 new agents and new initiatives with Axis Bank.
- Ambuja Cements: HSBC has expressed confidence in this company which is strengthening the infrastructure. Due to better utilization of new production capacity and management’s focus on returns, it has got a target of Rs 590. There is a sign of strengthening up to 44.8%.
- Nuvoco Vistas: HSBC has given a target of Rs 420 to this company of building material sector. Prices are expected to improve due to slow pace of new capacity addition in Eastern India, due to which the stock may jump up to 45%.
- JSW Infrastructure: JM Financial believes that this stock can give profits of up to 51.5% due to excellent cargo volumes and logistics support. A target price of Rs 365 has been fixed for the company.
- Lodha Developers: The highest return in this list is expected from this stock. Jefferies has given it a ‘buy’ rating and set a target of Rs 1,215. On the basis of strong sales of houses and the emerging data center business in Palava, this stock is expected to see the biggest and strongest rise of up to 54%.
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