These 4 stocks can give you a tremendous return, opportunity for long term investors
Stocks to BUY: Tremendous action is being seen in the stock market and Nifty has crossed 24000. The fundamental and technical structure of the market looks bullish. Volatility in the market cannot be ruled out in the short-to-medium term. In such a situation, focus on long term investing. Mirae Asset Sharekhan has picked 5 stocks for 12 months.
These stocks are - Tata Power, V2 Retail, SBI, Nippon Life and Protean eGov. Know what targets have been given for them.
Tata Power Share Price Target
Tata Power's share closed at Rs 382 in the last trading session. For this, a BUY rating and a target of Rs 485 has been given which is 27% higher. The 52 weeks high for this stock is Rs 495 and the low is Rs 326 which it made in the month of February. The stock has gained about 8% in the last one week.
V2 Retail Share Price Target
The stock of V2 Retail closed at Rs 1734 in the last trading session. For this, a rating of BUY and a target of Rs 2205 has been given which is 27% higher. The 52 weeks high for this stock is Rs 2095 and the low is Rs 421 which it made in the month of February. The stock has gained about 8% in the last one week.
SBI Share Price Target
The stock of SBI closed at Rs 797 in the last trading session. For this, a rating of BUY and a target of Rs 980 has been given which is 23% higher. The 52 weeks high for this stock is Rs 912 and the low is Rs 680 which it made in the month of March. The stock has gained about 10% in the last one week.
Nippon Life Share Price Target
Nippon Life India's stock closed at Rs 597 in the last trading session. It has been given a BUY rating and a target of Rs 800 which is 34% higher. The 52-week high for this stock is Rs 816 and the low is Rs 456 which it made in the month of April. The stock has gained about 16% in the last one week and 20% in two weeks.
Also Read: Sensex Jumps 800 Points, Nifty Crosses 24,100: Why the Market is Rising
Also Read: Indian Retail Investors Rise as Foreign Funds Exit