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Globe Capital Market picks these 5 investment ideas for next 12 months

Alembic Pharma, Indian Energy Exchange and Hindustan Copper are among Globe Capital Market's top picks .

Rakesh Patil | May 04, 2021 / 09:58 IST
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After a weak start, benchmark indices bounced back to end flat on May 3, helped by metal stocks. Among sectors, metal index rose over 2 percent and FMCG index jumped 1 percent, while selling was seen in the banking and energy names. Here are the top chart picks by Globe Capital Market:
After a weak start, benchmark indices bounced back from the day's lows to recoup most of the losses on May 3, helped by metal stocks. Among sectors, the metal index rose over 2 percent and FMCG index 1 percent, while selling was seen in the banking and energy names. Here are the top chart picks by Globe Capital Market:
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Alembic Pharma | CMP: Rs 985 | Target Price: Rs 1235 | Expected return: 25 percent
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Avadh Sugar & Energy | CMP: Rs 282 | Target Price: Rs 415 | Expected return: 47 percent
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Cigniti Technologies | CMP: Rs 396 | Target Price: Rs 525 | Expected return: 33 percent
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Hindustan Copper | CMP: Rs 154 | Target Price: Rs 230 | Expected return: 49 percent
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Indian Energy Exchange | CMP: Rs 370 | Target Price: Rs 515 | Expected return: 39 percent
Rakesh Patil

First published: May 4, 2021 09:56 am

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