Buy, Hold Mid Cap Power Sector Stocks For Higher Return: JM Financial

Buy, Hold Mid Cap Power Sector Stocks For Higher Return: JM Financial { "selector": ".imagebox-wrapper", "duration": "5000ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.15)"] } }

JM Financial has recommended investors to buy and hold 2 power sector stocks for attractive return.

These 2 stocks are CESC Ltd and Torrent Power Ltd.

If you buy and hold these two mid cap stocks now, you can get potential return of up to 45%. Check details below: 1. Buy CESC Ltd

JM Financial has recommended investors to buy CESC Ltd with a target price of Rs 100 apiece. { "selector": ".imagebox-wrapper", "duration": "5000ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.15)"] } }

Current market price of CESC Ltd is Rs 69.99 apiece. If you buy CESC Ltd share now, you can get potential return of 45%.

The stock's 52- week high is Rs 88.00 apiece and 52- week low is Rs 68.00 apiece, respectively.

2. Hold Torrent Power Ltd

JM Financial has suggested investors to hold the stock of Torrent Power Ltd with a target price of Rs 500 apiece. { "selector": ".imagebox-wrapper", "duration": "5000ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.15)"] } }

Current market price of Torrent Power Ltd is Rs 510.80 apiece.

The stock's 52- week high is Rs 609.90 apiece and 52- week low is Rs 416.00 apiece, respectively.

The company has a market capitalisation of Rs 24,549.91 crore.

The stocks have been picked from the brokerage report of JM Financial. { "selector": ".imagebox-wrapper", "duration": "4728ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.14184)"] } }

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.

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By Renu Baliyan Goodreturns source: goodreturns.in Dailyhunt View more