Buy 2 Bank Stocks That Can Rally 29%: ICICI Direct Suggests Top Pvt Bank
Stocks
ICICI Direct has recommended investors to buy 2 private sector bank stocks namely Axis Bank and Kotak Mahindra Bank as shares of both the banks are showing potential to soar higher.
If you buy these stocks now, you can get maximum return of 29%.
Check details below: and Kotak Mahindra Bank as shares of both the banks are showing potential to soar higher.1.Buy Axis Bank
Last trading price of Axis Bank is Rs 853.05 apiece with 52-week high at Rs 970.45 apiece and 52-week low at Rs 618.10 apiece, respectively.
ICICI Direct has suggested investors to buy Axis Bank with a target price of Rs 1100 apiece.
If you buy Axis Bank now, you can get potential return of 29%.The company has a market capitalisation of Rs 2,62,406.45 crore.
Buy Kotak Mahindra Bank
Last trading price of Kotak Mahindra Bank is Rs 1750.80 apiece.
ICICI Direct has recommended investors to buy Kotak Mahindra Bank with a target price of Rs 2175 apiece.
If you buy Kotak Mahindra Bank now, you can get potential upside of 24%.
The stock's 52-week high is Rs 1997.00 apiece and 52-week low is Rs 1630.00 apiece, respectively.
The bank has a market capitalisation of Rs 3,47,786.29 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
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