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Brokerage Firms Top Picks: Invest in these Hot Stocks for double digit returns this year, up to 40% return

by InvestPolicy
February 16, 2021
in Investment Plans, Market
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Brokerage Firms Top Picks: Invest in these Hot Stocks for double digit returns this year, up to 40% return
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Since the budget, the bull market has seen consolidation in the stock market last week, and this week started with a fast start. On Monday, where the Sensex and Nifty gained 1%. At the same time, at 3 pm today, the Sensex was trading at 52,076.32 points, down 0.15% or 77.81 points. At the same time, the Nifty was also down by 0.51% i.e. 7.75 points at 15,306.95. Amid the ongoing market boom, well-known brokerage firms across the country like Sharekhan, Daulat Capital, Motilal Oswal and Prabhudas Lilladher have suggested placing bets on these 10 stocks which are capable of giving double-digit returns to investors this year. These are the hot stocks in which you can get up to 40% returns by investing…

Birla Corporation: Stocks of Birla Corporation have been given a buy rating by brokerage firm Dolat Capital and a target price of Rs 1,135. Today at 2.30 pm, its stocks are trading at Rs 901.10, up 0.49%. That is, the company can give 26% return to investors in this financial year.

DCB Bank: DCB Bank’s stock brokerage firm Dolat Capital has set a target price of Rs 160. Today, shares of the company are trading at Rs 115.55, up 0.78%. That is, the company is able to give 39% return to its investors.

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HDFC Life Insurance: Stocks of HDFC Life Insurance have been given a buy rating by brokerage firm Sharekhan and set a target price of Rs 850. Today, shares of the company are trading at Rs 696.50, up 0.18% on the NSE. The brokerage firm claims that the company can give investors 22% returns this year.

Jindal Steel & Power: Brokerage firm Prabhudas Lilladher has set a target price of Rs 400 for Jindal Steel stocks. The brokerage firm believes that the company can give more than 29% returns to its investors in the short term. Jindal Steel stocks were trading at Rs 333.70, up 8.13% on the NSE at 2.30 pm today.

SRF: This company has also been given Buy ratings by brokerage firm Sharekhan and has set a target price of Rs 6,760 for its stocks. Right now SRF shares are trading at Rs 5,680.25, up 1.03%. The company has the ability to give 20% return this year to its investors.

Mphasis: The target price of the company’s stocks has been fixed by brokerage firm Motilal Oswal at Rs 1,950. Today Mphasis shares were trading up by 0.81% at Rs 1,684.35. That is, the company can give 16% return to investors by 2023.

MCX: The target price of stocks of this company has been fixed by brokerage firm Motilal Auswal at Rs 2,050. Today, MCX shares were trading down by 0.51% at Rs 1,528.05 in the stock market. Considering the company’s performance, the brokerage firm has suggested placing bets on it. In the short term, the company can give more than 33% return to the investors.

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SBI Life Insurance: Stocks of SBI Life Insurance have been given a buy rating by brokerage firm Motilal Oswal and set a target price of Rs 1,050. Today its stocks are trading at Rs 872.05, down 0.50% in the stock market. The brokerage firm said that the company can give 34% profits to investors in a very short time.

Bandhan Bank: Stocks of Bandhan Bank have been given Buy (Buy) ratings by brokerage firm KRChoksey. Also, the brokerage firm has set a target price of Rs 457 for its stocks. Today, the company’s stocks are trading up by 2.87% at Rs 349.70. That is, the company can give 34% return to its investors in this financial year.

South Indian Bank: Stocks of South Indian Bank today witnessed a gain of 1.24% in the stock market and were trading at Rs 8.15 per share. Brokered firm Prabhudas Lilladher has given ratings to the stocks of South Indian Bank and has set a target price of Rs 10. That is, the company can give 24% return to investors.

Banking stocks: Bank of India, Central Bank, Indian Overseas Bank and Bank of Maharashtra shares rose 20%, know the reason

Tags: Brokerage Firms Top Picksbusiness newsIn stockmost profitable stocksNiftySensexShare Marketshare market tipsshare tipssharesStock marketStock tipsstocksstocks tipsstocks to buystocks to tradestocks to watchTrading
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