HDFC life to Azad Engineering: 7 best stocks to buy for long term returns
Stocks to Buy: Amidst the ups and downs of the stock market, market analysts have identified 6 stocks as the best for the future. These stocks can give investors great returns. These include four defense stocks as well. See the list
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1. HDFC Life Share Price Target
Brokerage firm Mirae Asset Sharekhan has advised buying HDFC Life shares. Its target for the long term is given as ₹870. Currently, this share is trading at ₹626, from where it can go up by about 39%.
2. Dynamatic Technologies Share Price Target
ICICI Securities is bullish on the shares of defense stock Dynamatic Technologies. Giving a buy rating on this share, the target price is given as ₹9,330. On Monday, March 10, this share is trading at ₹6,465 till 3 pm, from where it can give a return of more than 40%. The 52-week high level of this share is ₹9,080 and the low level is ₹6,002.
3. PTC Industries Share Price Target
ICICI Securities has also advised betting on the shares of PTC Industries. Giving a buy rating on this, the target price is given as ₹20,070, which is about 60% more than the current price of ₹12,507. The 52-week high of this share is ₹17,978 and the low level is ₹7,025.
4. Solar Industries Share Price Target
ICICI Securities has also advised keeping the shares of defense stock Solar Industries in the portfolio. Its target price is given as ₹13,720. On Monday, March 10, till 3 pm, the share is trading at ₹9,807.50. In this way, investors can get a return of about 42% from here.
5. Azad Engineering Share Price Target
ICICI Securities has also advised betting on the shares of Azad Engineering. Its target price is given as ₹2,350. Currently, this share is at ₹1,312, from where a return of more than 75% can be obtained.
6. Sagility India Share Price Target
Brokerage firm JM Financial has advised buying shares of Sagility India. Its target is given as ₹67, which is more than 55% from the current price of ₹41.75. This share was listed in the market in November last year at ₹29.
7. Navin Fluorine Share Price Target
The last share in this list is Navin Fluorine, which Axis Direct has advised to buy. The target price of this share is given as ₹4,300. Currently, this share is trading at ₹4,089.90.
Note- Do take the advice of your market expert before making any kind of investment.