Amidst a bullish stock market, brokerage firms recommend investing in these 5 stocks for potentially high returns. These stocks boast strong fundamentals and display bullish patterns on technical charts, including a Tata Group stock.
PL Capital Research gives Tata Power a BUY rating, citing a strong bullish pattern. The target price is ₹500-550, about 35% higher than the current ₹405.45. A stop-loss of ₹360 is recommended.
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2. Triveni Turbine Share Price Target
Sharekhan recommends Triveni Turbine, projecting it to reach ₹750 from the current ₹607, offering a potential 25% return.
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3. JB Chemicals Share Price Target
Prabhudas Lilladher recommends buying JB Chemicals with a target price of ₹2,030. Currently at ₹1,649, it offers a potential return of over 23-24%.
MK Global recommends Karnataka Bank with a target price of ₹260. Currently at ₹195.86, it could see a potential 33% surge.
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5. Sobha Share Price Target
Motilal Oswal gives Sobha a BUY rating with a target price of ₹1,803. Currently at ₹1,376, it suggests a potential profit of at least ₹500 per share. Disclaimer: Consult your market expert before making any investment.