Hot Stocks 31 May 2024 🔥📈
Record high in the market is followed by profit booking: After reaching record highs, the market is witnessing profit booking. Due to strong earnings in the results season, some stocks are looking attractive for the long term. Brokerage firm Sharekhan has recommended buying five strong stocks with a 12-month outlook. These include Future Plaiboards, Gokaldas Exports, Landmark Cars, HDFC Bank, and APL India. These stocks can give returns of up to 38%.
HDFC Bank: Sharekhan has given a buy rating to HDFC Bank shares with a target price of ₹1,900. The stock closed at ₹1,506 on May 29, 2024. At this price, the stock can give a return of 26%. On Friday (May 31, 2024), the stock was trading at ₹1,521, up by 0.41%.
Gokaldas Exports: Sharekhan has given a buy rating to Gokaldas Exports shares with a target price of ₹1,045. The stock closed at ₹834 on May 29, 2024. At this price, the stock can give a return of 25%. On Friday (May 31, 2024), the stock was trading at ₹833, up by 1.44%.
Future Plaiboards: Stockkhan has given a buy rating to Future Plaiboards shares with a target price of ₹765. The stock closed at ₹660 on May 29, 2024. At this price, the stock can give a return of 16%. On Friday (May 31, 2024), the stock was trading at ₹652, down by 0.07%.
Landmark Cars: Stockkhan has given a buy rating to Landmark Cars shares with a target price of ₹939. The stock closed at ₹682 on May 29, 2024. At this price, the stock can give a return of 38%. On Friday (May 31, 2024), the stock was trading at ₹663, down by 2.24%.
APL India: Stech has given a buy rating to APL India shares with a target price of ₹1,535. The stock closed at ₹1,174 on May 29, 2024. At this price, the stock can give a return of 31%. On Friday (May 31, 2024), the stock was trading at ₹1,153, down by 0.33%.
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.
