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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