Buy 3 Banking Stocks Offering Up To 40% Return As Recommended By IDBI Capital
IDBI Capital has recommended investors to buy 3 banking stocks namely ICICI Bank, IndusInd Bank, and Axis Bank.
The brokerage expects that the three banking stock have the potential to rally up to 40 %. Check key details below: 1. Buy ICICI Bank
ICICI Bank is Rs 897 apiece with an intraday decline of 0 .39%. The bank has a market capitalisation of Rs 6,26,158.07 crore.
The current market price of the large cap bank Rs 45,178 crore, up 15%.
2. Buy IndusInd Bank
IDBI Capital has suggested investors to buy IndusInd Bank shares with a target price of Rs 1450 apiece.
If you buy the stock at the current market price of Rs 1211 apiece, you will get potential 20% return.
The stock's 52- week high is Rs 1275 apiece and 52- week low is Rs 763 apiece, respectively.
The company has a market capitalisation of Rs 93,906.64 crore.
3. Buy Axis Bank
Axis Bank is Rs 1120 apiece. The current market price of the bank is Rs 933 apiece.
If you buy Axis Bank shares now, you will get potential 20% return. The company has a market capitalisation of Rs 2,86,879.94 cro isre.
958 Thepiece stock 879's 52- week high is Rs 958 apiece and 52- week low Rs a, .94 crore.
Disclaimer
The stocks have been picked from the brokerage report of IDBI Capital.
Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article.
Goodreturns.in advises users to check with certified experts before taking any investment decision.
By Renu Baliyan Goodreturns source: goodreturns.in Dailyhunt