Buy Large, Mid Cap PSU Gas Stocks As Shares Likely To Soar, Recommends JM Financial
JM Financial has suggested investors to buy 2 leading large cap and mid cap gas stocks for attractive return.
These 2 gas stocks are GAIL ( India) Ltd and Gujarat State Petronet Ltd. If you buy these 2 stocks now, you can get potential return of 25%.
Check details below: 1. Buy GAIL ( India) Ltd
JM Financial has suggested investors to buy Maharatna stock, GAIL ( India) Ltd with a target price of Rs 120 apiece.
If you buy GAIL ( India) Ltd now, you can get potential return of 14%. Last trading price of GAIL ( India) Ltd is Rs 105.25.
The stock's 52- week high is Rs 115.69 apiece and 52- week low is Rs 83.00 apiece, respectively.
The company has a market capitalisation of Rs 69,202.92 crore.
2. Buy Gujarat State Petronet Ltd
Gujarat State Petronet Ltd ( GSPL) is Rs 277.10 apiece. If you buy GSPL shares now, you can is get likely return of 25%.
The company has a market capitalisation of Rs 15,634.30 crore. The net profit after tax in the latest quarter declared at Rs 540.42 crore.
Disclaimer
The stocks has been picked from the brokerage report of JM Financial.
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