These 6 stocks of largecap and midcap will give investors up to 26% returns in the short term, know the reason

Both the Sensex and the Nifty have gained about 12% since the General Budget (Budget 2021). Today at 2 pm the Nifty was trading at 15,128.75 points with a gain of 0.15%. At the same time, the Sensex was trading at 51,391.20 points with a gain of 0.16%. There is no denying the rise in the stock market after the general budget and the possibility of a correction in the market. The market is consolidating itself. Meanwhile, brokerage firm Geojit financial has suggested placing bets on 6 stocks of Large Cap and Midcap, which can give investors 13% to 26% returns in the short term. These are Hot Stocks…

LIC Housing Finance:

The target price of shares of LIC Housing Finance Company is given by brokerage firm Geojit Finance at Rs 515 and it is expected that the company will give 18% returns to investors in the short term. Right now its shares are trading at Rs 435, down 0.97% in the stock market. The increase in demand in the real estate sector and a reduction in interest rates of home loans along with lower stamp duty will benefit its stocks and boost the company’s growth.

Tata Motors:

The brokerage firm has set a target price of Rs 372 for Tata Motors shares. Its shares are currently trading at Rs 325.95, down 0.90%. Geojit Finance believes that its shares can give 14% returns to investors in a very short time. The order book of the company has increased and the demand for the company’s vehicles and the company’s profitability are expected to increase further. Because of this, the brokerage firm has given it by-ratings.

City Union Bank:

The shares of City Union Bank have been given Buy (Buy) ratings by Geojit Finance and the target price of its stock is Rs 208. The brokerage firm says that its shares can give more than 26% returns to investors in a few days. Currently its stocks are trading at Rs 164.35. The bank’s loan is expected to increase due to the increase in the Emergency Credit Line Guarantee Scheme (ECLGS) and gold loans. The Bank’s Return on Assets (ROE) and Return on Equity (ROE) are likely to reach pre-covid levels. Also, the bank’s NPA is also expected to be under control due to the restructuring of MSME loan.

Exide Industries:

The brokerage firm has set a target price of Rs 264 for the shares of Exide Distributors. Currently, its shares are trading at Rs 213.30, down 0.56%. Geojit Finance believes that its shares can give 24% returns to investors in the short term. The company has forayed into 3W battery production. It will benefit from the company’s strong brand image.

Tata Consumer Products:

For stocks of Tata Consumer Products, Geojit Finance has set a target of Rs 684. The shares of the company are currently trading at a price of Rs 614.55 with a gain of 2.30%. The brokerage firm expects its shares to give 14% return to investors in the short term. Increasing demand in the company’s Indian business, focusing on volume growth along the digital supply chain will improve profit margins and benefit the company’s stocks.

Vinati Organics:

Stocks of this company have been given buy (buy) ratings by Geojit Finance and set a target price of Rs 1,539 for its stock. The brokerage firm says that its shares can give more than 15% returns to investors in a few days. Its stock price was Rs 1,337.75 yesterday. Today, the company’s stocks are trading 7.15% up at Rs 1433.35. The company’s outlook is positive and the company has launched new products. The brokerage firm has given it a by-rating due to the company’s strong balance sheet and average return on equity (ROE) and return on capital employment (ROCE) of over 24% in the past 5 years.

Broke by 7%, sell, buy or hold Bata India shares due to poor performance in Q3, brokerage gave this advice

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