Moneycontrol PRO
HomeNewsPhotosBusinessStocksSlideshow | Brokerages bullish on these 6 stocks for double-digit returns

Slideshow | Brokerages bullish on these 6 stocks for double-digit returns

Brokerage house expect these stocks to give 19-88 percent returns

March 03, 2020 / 12:47 IST
Bulls maintained their stronghold on D-Street for the seventh consecutive on March 2. After trading in the positive territory for the majority of the session, benchmark indices witnessed flash sell-off in the last hour of trading after two new cases of coronavirus emerged in India. Nifty slipped below 11,150 levels and Sensex ended below 38,150. In the last 7 sessions, Nifty wiped out nearly 1,000 points and Sensex has lost over 3,000 points. Here are six stocks brokerages are betting on after the recent correction:
1/7
Bears maintained their stronghold on D-Street for the seventh consecutive on March 2. After trading in the positive territory for the majority of the session, benchmark indices witnessed flash sell-off in the last hour of trading after two new cases of coronavirus emerged in India. Nifty slipped below 11,150 levels and Sensex ended below 38,150. In the last 7 sessions, Nifty has wiped out nearly 1,000 points and Sensex has lost over 3,000 points. Here are six stocks brokerages are betting on after the recent correction:
KSB | Brokerage: ICICIdirect | Ratting: Buy | LTP: Rs 652 | Target: Rs 795 | Upside: 22 percent
2/7
KSB | Brokerage: ICICIdirect | Ratting: Buy | LTP: Rs 652 | Target: Rs 795 | Upside: 22 percent
Representative image
3/7
Ajanta Pharma | Brokerage: Motilal Oswal | Ratting: Buy | LTP: Rs 1,392 | Target: Rs 1,655 | Upside: 19 percent
Mahindra CIE | Brokerage: Motilal Oswal | Ratting: Buy | LTP: Rs 122 | Target: Rs 191 | Upside: 56 percent
4/7
Mahindra CIE | Brokerage: Motilal Oswal | Ratting: Buy | LTP: Rs 122 | Target: Rs 191 | Upside: 56 percent
Ipca Laboratories | Brokerage: Prabhudas Lilladher | Ratting: Buy | LTP: Rs 1,435 | Target: Rs 1,826 | Upside: 27 percent
5/7
Ipca Laboratories | Brokerage: Prabhudas Lilladher | Ratting: Buy | LTP: Rs 1,435 | Target: Rs 1,826 | Upside: 27 percent
UltraTech Cement | Brokerage: ICICI Securities | Ratting: Buy | LTP: Rs 4,155 | Target: Rs 5,480 | Upside: 32 percent
6/7
UltraTech Cement | Brokerage: ICICI Securities | Ratting: Buy | LTP: Rs 4,155 | Target: Rs 5,480 | Upside: 32 percent
Coal India | Brokerage: ICICI Securities | Ratting: Buy | LTP: Rs 169 | Target: Rs 319 | Upside: 88 percent
7/7
Coal India | Brokerage: ICICI Securities | Ratting: Buy | LTP: Rs 169 | Target: Rs 319 | Upside: 88 percent
Moneycontrol News
first published: Mar 3, 2020 12:47 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347