Stocks that can yield Outstanding Returns
Investors seek stocks that are less prone to fluctuations and high yielding returns. The following stocks are recommended as super stocks.
Syndicate Bank
The price is Rs.127 with a book value of around Rs.200, the stock of this bank is a good bet for investors. It could yield a minimum of 20 to 30 percent appreciation if the interest rates are slashed by the RBI.
Indian Bank
ICICI Direct has suggested to buy the stock of Indian Bank as it is bullish on this. The expected target price is Rs.245. It recommends the investors to buy the bank stock ranging from Rs.194-199 and the stop loss should be below Rs.175.
HDFC Bank
Emkay Global Financial Services anticipates that the stock of HDFC would reach Rs.1020. As the bank has put a buy at that price, it is recommended to retain the stock to reach the target price.
Infosys
The attractive performance of Q3 and the improved margins of the company attracted several investors. It is expected to reach to Rs.2300.
NRB Bearings
ICICI Direct is bullish on NRB Bearings. The current trading price of the share is Rs.135 on the NSE with a target of Rs.165 per share.
NESCO
Firstcall Research is bullish on NESCO with a buy rating as the stock is expected to reach Rs.1840. The stock is ideal for medium and long-term investment.
NBCC
NBCC stock is recommended to buy by Firstcall Research. It is expected to reach a target price of Rs.884 and grow constantly for the next three years. The stock is ideal to medium and long-term investment.
Container Corporation
Container Corporation is found as a good opportunity by ICICI Direct after reviewing the strong balance sheet and cash flows of the company. The stock is recommended for buying as it is expected to reach a target price of Rs.1670.
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