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Last Updated : Sep 27, 2019 09:48 AM IST | Source: Moneycontrol.com

Slideshow | Foreign brokerages are betting on these 9 stocks to return 12-57%

Here are 9 stocks where foreign brokerages maintained buy with an upside of up to 57 percent.

Rakesh Patil
After falling about 1.28 percent in the previous session, benchmark indices resumed its upward march on September 26, recovering most of yesterday's losses. The Nifty ended September series above 11,550 level, while the Sensex ended 396.22 points higher at 38,989.74. On the sectoral front, metal outperformed logging over 4 percent gains followed by auto, bank, infra, energy, pharma and FMCG. Meanwhile, the BSE midcap index was up 1 percent and the smallcap index was up 0.4 percent. Here are nine brokerage picks that may return 12-57 percent
1/10

After falling about 1.28 percent in the previous session, benchmark indices resumed its upward march on September 26, recovering most of yesterday's losses. The Nifty ended September series above 11,550 level, while the Sensex ended 396.22 points higher at 38,989.74. On the sectoral front, metal outperformed logging over 4 percent gains followed by auto, bank, infra, energy, pharma and FMCG. Meanwhile, the BSE midcap index was up 1 percent and the smallcap index was up 0.4 percent. Here are nine brokerage picks that may return 12-57 percent. (source: CNBC-TV18):

HDFC Bank | Brokerage: Citi | Rating: Buy | CMP: Rs 1,242 | Target: Rs 1,400 | Return: 12 percent
2/10

HDFC Bank | Brokerage: Citi | Rating: Buy | CMP: Rs 1,242 | Target: Rs 1,400 | Return: 12 percent

Representative image
3/10

Dr Reddy's Laboratories | Brokerage: Nomura | Rating: Buy | CMP: Rs 2,775 | Target: Rs 3,284 | Return: 18 percent

L&T Infotech | Brokerage: Citi | Rating: Buy | CMP: Rs 1,508 | Target: Rs 1,800 | Return: 19 percent
4/10

L&T Infotech | Brokerage: Citi | Rating: Buy | CMP: Rs 1,508 | Target: Rs 1,800 | Return: 19 percent

MOIL | Brokerage: HSBC | Rating: Buy | CMP: Rs 133 | Target: Rs 180 | Return: 35 percent
5/10

MOIL | Brokerage: HSBC | Rating: Buy | CMP: Rs 133 | Target: Rs 180 | Return: 35 percent

Zee Entertainment | Brokerage: CLSA | Rating: Buy | CMP: Rs 286 | Target: Rs 450 | Return: 57 percent
6/10

Zee Entertainment | Brokerage: CLSA | Rating: Buy | CMP: Rs 286 | Target: Rs 450 | Return: 57 percent

RBL Bank | Brokerage: Citi | Rating: Buy | CMP: Rs 383 | Target: Rs 480 | Return: 25 percent
7/10

RBL Bank | Brokerage: Citi | Rating: Buy | CMP: Rs 383 | Target: Rs 480 | Return: 25 percent

Petronet LNG | Brokerage: Jefferies | Rating: Buy | CMP: Rs 258 | Target: Rs 315 | Return: 22 percent
8/10

Petronet LNG | Brokerage: Jefferies | Rating: Buy | CMP: Rs 258 | Target: Rs 315 | Return: 22 percent

Titan Company | Brokerage: HSBC | Rating: Buy | CMP: Rs 1,291 | Target: Rs 1,450 | Return: 12 percent
9/10

Titan Company | Brokerage: HSBC | Rating: Buy | CMP: Rs 1,291 | Target: Rs 1,450 | Return: 12 percent

Varun Beverages | Brokerage: CLSA | Rating: Buy | CMP: Rs 653 | Target: Rs 860 | Return: 31 percent
10/10

Varun Beverages | Brokerage: CLSA | Rating: Buy | CMP: Rs 653 | Target: Rs 860 | Return: 31 percent

First Published on Sep 27, 2019 09:48 am
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