Stocks to buy: ICICI Bank, Bandhan Bank among 5 shares with potential of 50% returns
Stocks to buy: Brokerage firms have recommended five stocks which could yield strong returns of up to 52 per cent. One may consider the brokerage recommendations for positive yield.
(Disclaimer: The advice given here to invest in stocks is given by a brokerage house. These are not the views of Zee Business. Consult your advisor before investing.)
ICICI Bank
Brokerage firm AnandRathi has recommended buying ICICI Bank stock at a target price of Rs 1,094 per share. On December 2, 2022, the share price was Rs.929. Investors can earn a return of Rs 165 per share or about 18 per cent.
Symphony
Brokerage firm AnandRathi has recommended Symphony for target price of Rs 1,194 per share. On December 2, 2022, the stock settled at Rs 931. Investors can earn a return of Rs 263 per share or 28 per cent.
Bandhan Bank
Brokerage firm ICICI Securities has recommended Bandhan Bank for a target price of Rs 365 per share. On December 2, 2022, the share finished at Rs 240 apiece. Investors can earn a return of Rs 125 per share or about 52 per cent.
JK Cement
Brokerage firm Motilal Oswal has recommended buying shares of JK Cement for a target price of Rs 3550 per share. On December 2, 2022, the stock ended at Rs 3,235 apiece. Investors can earn a return of Rs 315 per share or about 10 per cent.
Supreme Industries
Brokerage firm Nuvama Wealth has recommended buying Supreme Industries stock for a target price of Rs 2817 per share. On 2 December 2022, the counter settled at Rs 2,498. Investors can earn a return of Rs 319 per share or about 13 per cent.