Stocks to buy: Dr Reddy's Labs, Bank of Baroda and SBI among 5 shares for 27% return
Stocks to buy: One may consider the brokerage recommendations for positive yield.
Stocks to buy: Brokerage firms have recommended five stocks having the potential to yield up to 27 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.)
Venus Pipes
Brokerage firm Nuvama Wealth has recommended buying shares of Venus Pipes for a target price of Rs 905 per share. On December 22, 2022, the stock closed at Rs.736 apiece. Investors can earn a return of Rs 169 per share or 23 per cent. Image source- Pixabay.
Dr Reddy's Labs
Brokerage firm Sharekhan has recommended buying shares of Dr Reddy's Labs for a target price of Rs 5,460 per share. On 22 December 2022, the shares of the pharma company ended at Rs 4,350 apiece. Investors can earn a return of Rs 1110 per share or about 25 per cent. Image source- Pixabay.
Gabriel India
Brokerage firm Sharekhan has recommended buying shares of Gabriel India for a target price of Rs 217 per share. On December 22, 2022, the share of the auto component manufacturer settled at Rs.172 apiece. Investors can earn a return of Rs 45 per share or about 26 per cent. Image source- Pixabay.
SBI
Brokerage firm ICICI Direct has recommended buying shares of SBI for a target price of Rs 750 apiece. On December 22, 2022, the scrip ended at Rs.592 per share. Investors can further get a return of Rs 158 per share or about 27 per cent. Image source- Pixabay.
Bank of Baroda
Brokerage firm ICICI Direct has recommended buying stock of Bank of Baroda for a target price of Rs 220 per share. On 22 December 2022 the counter closed at Rs 176. Investors can earn a return of Rs 44 per share or about 25 per cent. Image source- Pixabay.