Children's Day special: Strengthen your portfolio with these 5 stocks. - ShareHub

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Thursday, November 14, 2019

Children's Day special: Strengthen your portfolio with these 5 stocks.


Children's Day special: Strengthen your portfolio with these 5 stocks.


Children's Day special: Strengthen your portfolio with these 5 stocks.


The Sensex touched its all-time high last week. Since then, there has been a phase of consolidation in the stock market. However, there is still no major fall in the market. FII has sustained market support due to continued buying, government measures, strong global cues and positive growth guidance.

The current rally has continued since the corporate tax cuts on 20 September. The stock market had gained 11 per cent due to reduction in corporate tax. If you look at the old data, you will find that the market gives good returns in the long term. If you also want to invest for long term then these are the better option.


Subros
Target - Rs 321
This company makes AC for vehicles in India. Its growth is largely dependent on the growth of the passenger vehicle industry. 90% of the company's revenue comes from this segment.

Ajit Mishra, vice president (research), Religare Broking, said, "Subros can be invested in stocks given the long-term growth of the passenger vehicle industry."

Mishra said, "We believe that after the implementation of BS-VI, more and more customers will buy petrol cars which will increase the growth of Subros. Also in the new consumer segments like the consumer vehicle segment, railway / metro AC and home AC. Is entering. " Ajit Mishra recommends buying shares of Subros with a target price of Rs 321.


IFB Industries
Target - Rs 928
IFB Industries is the market leader with a 40 percent share in the front load washing machine market. The demand for IFB Industries has increased due to increasing spending, rapid urbanization, changing lifestyles and easy financing. Ajit Mishra, Vice President (Research), Religare Broking, said, "We believe that IFB has strong brand equity. We are recommending buying it with a target of Rs 928."


VIP Industries
VIP Industries is the market leader with a 55 percent share in the organic luggage market. The growth of the country's organic luggage market is strong. The demand for VIP Industries has increased due to increasing spending, increasing the number of women employees, increasing interest in tourism and buying more branded products.


Passenger traffic is also increasing in India. Along with this, the growth of Organized Luggage Industry is also increasing. VIP Industries will benefit from market leadership, strong brand equity, good market penetration, focus on innovation and macro-economic revival opportunity. Ajit Mishra, Vice President (Research), Religare Broking, is recommending a buy with a target price of Rs 534.


SBI
SBI is the largest commercial bank in the country in terms of profit, assets, deposits, branches and employees. Its subsidiaries include SBI Life Insurance, SBI Mutual Fund, SBI Card and SBI General Insurance. According to Global Capital Markets, "We are expecting an improvement in the asset quality of the bank. With a target of Rs 450, we are recommending to buy shares of SBI."


Tata Investment Corporation
It is an NBFC registered under the Reserve Bank. It is a subsidiary of Tata Sons Private Limited. The company's business is mainly to invest in listed and unlisted equity shares, debt instruments. With a target price of Rs 1100, we recommend buying it.

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