Small, Mid Cap Sugar, Logistics Stocks Get Buy Call For Attractive Return: ICICI Direct
ICICI Direct has picked one sugar and one logistics company stock that are offering attractive returns to investors.
These stocks are TCI Express ( TCIEXP) and Dhampur Sugar Mills Ltd ( DHASUG).
Buying the 2 stocks now will imply that investors may get a likely return of 35% in a target time period of 12- months.
ICICI Direct has recommended investors to buy TCI Express with a target price of Rs 2150 apiece.
The last trading price of the stock is Rs 1593.60 with intraday decline of 8 .40%.
If you buy the stock at the last trading price, you will get a likely upside of 35%.
The stock's 52- week high is Rs 2100.00 apiece and 52- week low is Rs 1444.50 apiece, respectively.
The company has a market capitalisation of Rs 6,141.84 crore.
2. Buy Dhampur Sugar Mills Ltd ( DHASUG)
The last trading price of Dhampur Sugar is Rs 216.90 apiece with an intraday dip of 3 .56 % on Budget 2023.
ICICI Direct has assigned buy rating to Dhampur Sugar with a target price of Rs 270 apiece.
If you buy Dhampur Sugar Mills Ltd now, you are expected to receive a potential gain of 25%.
The stock's 52- week high is Rs 515.67 apiece and 52- week low is Rs 196.50 apiece, respectively.
The company has a market capitalisation of Rs 1,439.95 crore.
Disclaimer
The stocks have been picked from the brokerage report of ICICI Direct.
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