Buy 2 Quality Stocks After Strong Business Growth, Good Q 3: Sharekhan Recommends
Sharekhan has recommended investors to buy 2 stocks after they reported strong business growth and good Q 3.
These two stocks are Coforge Ltd and Kotak Mahindra Bank. The analyst sees both the stocks fetching good returns.
If you buy both stocks now, you will receive maximum 28% return. Check details below: 1. Buy Kotak Mahindra Bank
Sharekhan has assigned buy call to Kotak Mahindra Bank with a target price of Rs 2250 apiece.
The last trading price of the stock is Rs 1759.90 apiece with intraday decline of 1 .31%.
If you buy Kotak Mahindra Bank at this price, you will likely receive 28% return. The stock declined 7 % in last 3- months and 3 % in last 1- year.
In last 5- years, it gave a return of 63%.
2. Buy Coforge Ltd
The brokerage has recommended investors to buy IT Software sector stock, Coforge Ltd with a target price of Rs 4900 apiece.
The last trading price of the stock is Rs 4321 apiece with an intra Ifday fall of 0 .84%.
you buy Coforge Ltd now, you will potentially get 13% return.
The stock's 52- week high is Rs 5190.00 apiece and 52- week low is Rs 3210.00 apiece, respectively.
The company has a market capitalisation of the stock is Rs 26,394.47 crore.
The stocks have been picked from the brokerage report of Sharekhan.
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. advises users to check with certified experts before taking any investment decision.
By Renu Baliyan Goodreturns source: Dailyhunt