5 Quality Stocks to Invest in According to Brokerage Houses
With the global sentiment causing fluctuations in domestic stock markets, many stocks with strong fundamentals are looking attractive for long-term investment. After analyzing results and corporate updates, brokerage houses have recommended buying opportunities in these 5 quality stocks. These stocks include Ashok Leyland, V-Guard, Ramco Cements, Marico, and Himatsingka Seide. They have the potential to provide returns of up to 23% next year.
Ramco Cements
Brokerage houses recommend buying Ramco Cements. The target price per share is set at ₹1,010. The stock was trading at ₹818 on July 29, 2024, providing investors with a potential return of up to 23%. By Friday (August 2, 2024), the stock had increased by 1.47% to trade at ₹837.
Himatsingka Seide
Himatsingka Seide is another stock recommended for purchase. The target price per share is set at ₹166. The stock was trading at ₹140 on July 29, 2024, offering investors a potential return of up to 18%.
V-Guard Industries
V-Guard Industries is advised for purchase. The target price per share is set at ₹528. The stock was trading at ₹460 on July 29, 2024, providing investors with a potential return of up to 15%. By Friday (August 2, 2024), the stock had increased by 0.36% to trade at ₹463.
Ashok Leyland
Ashok Leyland has been recommended for purchase. The target price per share is set at ₹285. The stock was trading at ₹256 on July 29, 2024, offering investors a potential return of up to 11%. By Friday (August 2, 2024), the stock had increased by 0.66% to trade at ₹252.
Marico
Marico is another stock recommended for purchase. The target price per share is set at ₹755. The stock was trading at ₹683 on July 29, 2024, providing investors with a potential return of up to 10%. By Friday (August 2, 2024), the stock had decreased by 1.95% to trade at ₹662.
News Title: Ashok Leyland Share Price 2 August 2024
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.
