Stocks To Buy 22 March 2024 📈💰
Amidst strong signals from global markets, a new opportunity has emerged with the announcement from the American Federal Reserve that they will cut interest rates. This is good news for the market, allowing investors to consider investing in quality stocks for the long term.
Brokerage house Sharekhan has selected five strong fundamental stocks for over the next 12 months, recommending buyers to consider investing in these stocks. The stocks include Gabriel India, Apollo Tyres, HDFC Bank, NOCIL, and Affle India. The brokerage firm predicts investors could potentially see returns of up to 50% next year.
HDFC Bank 🏦💵
Sharekhan recommends buying HDFC Bank shares with a target price of ₹1,900 per share. The share price was ₹1,432 on March 20, 2024, indicating a potential return of up to 33%. As of Friday (March 22, 2024), the share was trading at ₹1,442 with a 0.24% decrease.
Gabriel India 🚗📈
Sharekhan advises buying Gabriel India shares with a target price of ₹433 per share. The share price was ₹328 on March 20, 2024, suggesting a potential return of up to 32%. As of Friday (March 22, 2024), the share was trading at ₹338 with a 0.21% increase.
NOCIL 🔬💼
Sharekhan recommends buying NOCIL shares with a target price of ₹320 per share. The share price was ₹242 on March 20, 2024, indicating a potential return of up to 32%. As of Friday (March 22, 2024), the share was trading at ₹251 with a 1.25% increase.
Apollo Tyres 🚛💸
Sharekhan advises buying Apollo Tyres shares with a target price of ₹619 per share. The share price was ₹452 on March 20, 2024, suggesting a potential return of up to 37%. As of Friday (March 22, 2024), the share was trading at ₹469 with a 1.76% increase.
Affle India 📱💼
Sharekhan recommends buying Affle India shares with a target price of ₹1,535 per share. The share price was ₹1,025 on March 20, 2024, indicating a potential return of up to 50%. As of Friday (March 22, 2024), the share was trading at ₹1,091 with a 2.83% increase.
Stay tuned for more updates on the market trends and potential investment opportunities! 📊💡
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
