New Delhi: If you are considering investing in the stock market, the latest report from Motilal Oswal Financial Services might be valuable. This report identifies eight stocks with projected returns ranging from 15% to 24% in the coming period. All have received a ‘Buy’ rating, making them attractive options for investors.
Key Stocks Included in the Report and Their Potential Returns:
- Hexaware Technologies has a target price of ₹950, representing a potential return of approximately 19%. The company is expected to experience b growth in the digital and IT sectors, with a potential 20.8% increase in revenue over the next two years.
- JSW Steel has a target price of ₹1,190, with an expected return of up to 19%. This leading steel sector company is projected to generate over ₹60,000 crore in cash flow by FY26-27.
- Grasim Industries has a target price of ₹3,170, with a potential return of 19%. The company is increasing investments in paints and B2B e-commerce, anticipating revenue of up to ₹8,000 crore by FY27.
- Ashok Leyland has a target price of ₹275, with an estimated return of up to 15%. This company generates stable income due to its diversification in the commercial vehicle sector.
- Container Corporation (CONCOR) has a target price of ₹850, with a reported return potential of 18%. The company's investments in the rail freight and infrastructure sector could yield positive long-term results.
- Metro Brands has a target price of ₹1,400, with a potential gain of up to 16%. The company is expanding its store network and increasing its focus on brands like FILA and Foot Locker.
- MTAR Technologies has a target price of ₹1,950, with a potential increase of up to 17%. This high-growth company could show revenue growth of up to 30% in FY25-27.
- DreamFolks Services has a target price of ₹350 and the highest projected return of 24%. It is India's leading airport lounge service provider and is expanding its services.
Recommendations for Investors:
Motilal Oswal has given a ‘Buy’ rating to these eight stocks, suggesting potential price appreciation in the future. However, it is crucial to consult your financial advisor before making any investment decisions. The stock market is subject to risks; therefore, investing should be done cautiously and judiciously.
Regularly review reports from reputable brokerage houses and expert advice to ensure your investments are secure and profitable.
