Stocks to buy: Aditya Birla Fashion, Federal Bank among 5 shares for up to 38% return
Stocks to buy: Brokerage firms have recommended five stocks having the potential to yield up to 38 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.)
Aditya Birla Fashion
Brokerage firm Motilal Oswal has recommended buying shares of Aditya Birla Fashion for a target price Rs 305 per share. On March 1, 2023, the stock closed at Rs 235 apiece. Investors can earn a return of Rs 70 per share or about 30 per cent. Image source- Pixabay
CEAT Ltd
Brokerage firm Motilal Oswal has recommended buying shares of CEAT Ltd for a target price of Rs 1860 per share. On March 1, 2023, the share of the tyre company ended at Rs 1419 apiece. Investors can earn a return of Rs 441 per share or about 31 per cent.Image source- Pixabay
Cipla
Brokerage firm Nuvama Wealth has recommended buying shares of Cipla for a target price of Rs 1240 per share. On March 1, 2023, the share of the pharmaceutical company finished at Rs 899 apiece. Investors can earn a return of Rs 341 per share or about 38 per cent. Image source- Pixabay
Harsha Engineers International
Brokerage firm Prabhudas Lilladher has recommended buying shares of Harsha Engineers International at a target price of Rs 439 apiece. On March 1, 2023, shares of the Precision Engineering company ended at Rs 347. Investors can earn a return of Rs 92 per share or about 26 per cent. Image source- Pixabay
Federal Bank
Brokerage firm Nuvama Wealth has recommended buying shares of Federal Bank for a target price of Rs 180 per share. On March 1, 2023, the stock closed at Rs 134. Investors can earn a return of Rs 46 per share or about 34 per cent. Image source- Pixabay