Stocks To Buy 21 February 2024
📈 The stock market started the week on a positive note with the Nifty trading above 22,000 points, indicating a positive start on a positive note. Results and corporate updates are creating investment opportunities in selected shares. Brokerage house Sharekhan has chosen 5 shares for the next year, including Lumax Auto, NMDC, HAL, Kajaria Ceramics, and ITC. Investing in these shares can yield strong returns of up to 27%.
Kajaria Ceramics
🏷️ Sharekhan brokerage firm has recommended buying Kajaria Ceramics shares with a target price of ₹1,600 per share. The share price closed at ₹1,275 on February 16, 2024, indicating a potential return of 25% for investors. On Wednesday (February 21, 2024), the share was trading 0.47% higher at ₹1,252.
HAL
🏷️ Sharekhan brokerage firm has recommended buying HAL shares with a target price of ₹3,476 per share. The share price closed at ₹3,076 on February 16, 2024, indicating a potential return of 13% for investors. On Wednesday (February 21, 2024), the share was trading 0.30% higher at ₹3,004.
Lumax Auto
🏷️ Sharekhan brokerage firm has recommended buying Lumax Auto shares with a target price of ₹540 per share. The share price closed at ₹430 on February 16, 2024, indicating a potential return of 27% for investors. On Wednesday (February 21, 2024), the share was trading 0.85% higher at ₹478.
NMDC
🏷️ Sharekhan brokerage firm has recommended buying NMDC shares with a target price of ₹290 per share. The share price closed at ₹243 on February 16, 2024, indicating a potential return of 19% for investors. On Wednesday (February 21, 2024), the share was trading at a 1.99% decline at ₹236.
ITC
🏷️ Sharekhan brokerage firm has recommended buying ITC shares with a target price of ₹515 per share. The share price closed at ₹404 on February 16, 2024, indicating a potential return of 27% for investors. On Wednesday (February 21, 2024), the share was trading 0.42% higher at ₹408.
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.