5 Best Stocks To Buy: Suggestion by Motilal Oswal
Overview
Motilal Oswal has recommended five stocks from four sectors, including Banking, FMCG, Tobacco, and Auto. These stocks are ITC, Equitas Small Finance Bank Ltd, Eicher Motors, State Bank of India, and Godrej Consumer Products Ltd. The analyst has given buy ratings to all these stocks and suggested a potential return of 44%.
The Recommended Stocks
ITC
ITC Ltd is a large-cap stock operating in the Tobacco sector. Motilal Oswal has recommended investors to buy ITC share with a target price of Rs 450/share. The last trading price of the stock is Rs 378.70 apiece. If you buy ITC Ltd share now, you can get a likely upside of 19%. Its 52-week high is Rs 394.00 apiece, and 52-week low is Rs 248.70 apiece, respectively. Its market capitalization is Rs 4,70,360.22 crore.
SBI
State Bank of India (SBI) is a banking stock. The analyst has given a buy rating to SBI stock with a target price of Rs 725 apiece. The current market price of SBI is Rs 505.60 apiece on BSE. If you buy SBI share now, you can get a likely return of 44%. The stock's 52-week high is Rs 629.65 apiece, and 52-week low is Rs 430.80 apiece, respectively. Its market capitalization is Rs 4,51,228.38 crore. It gave a return of 3% in the last 1-year, 40% in the last 2-years, and 175% return in the last 3-years.
Equitas Small Finance Bank Ltd
Equitas Small Finance Bank Ltd is a stock operating in the Banking sector. Motilal Oswal has suggested investors buy Equitas Small Finance Bank stock with a target price of Rs 77 apiece. The current market price of the stock is Rs 63.88 apiece with an intraday fall of 1.36%. If you buy Equitas Small Finance Bank share now, you can get a potential return of 22%. The stock's 52-week high is Rs 77.87 apiece, and 52-week low is Rs 37.50 apiece, respectively. Its market capitalization is Rs 7,094.25 crore. It gave 24% in the last 3-months and 29% return in the last 6-months.
Eicher Motors
Eicher Motors is a large-cap auto stock. The analyst has assigned a buy call to Eicher Motors with a target price of Rs 3625 apiece. The last trading price of the stock is Rs 2908.95 apiece. If you buy Eicher Motors share now, you can get a likely return of 25%. The stock's 52-week high is Rs 3886.00 apiece, and 52-week low is Rs 2311.10 apiece, respectively.
Investing in a stock requires thorough research and analysis. While the analyst has assigned a buy call to Eicher Motors with a target price of Rs 3625 apiece, it's essential to assess the company's fundamentals and financial performance before investing.
It's important to consider the company's revenue, profits, debt, cash flow, management, and competition in the industry to make an informed investment decision. Additionally, it's recommended to assess the macroeconomic factors such as industry trends, government policies, and global economic conditions that may affect the company's performance.
While the potential return of 25% sounds appealing, it's essential to remember that investing in the stock market always carries some degree of risk. The stock's past performance is not a guarantee of its future performance, and it's crucial to diversify your portfolio to minimize the risks.
Conclusion:
In conclusion, Eicher Motors is a well-established and profitable auto stock with a history of strong performance in the market. The analyst's buy call with a target price of Rs 3625 apiece indicates potential for further growth and a likely return of 25%. However, it is important to note that all investments carry risk, and it is crucial to do thorough research and analysis before making any investment decisions.
FAQ:
1. What is Eicher Motors?
Eicher Motors is a large-cap auto stock that operates in the commercial vehicles and motorcycles segments of the Indian automobile market. The company is known for its flagship brand, Royal Enfield, which is one of the leading motorcycle brands in India.
2. What is the current market price of Eicher Motors?
The current trading price of Eicher Motors is Rs 2908.95 apiece, as of the last market close.
3. What is the target price of Eicher Motors?
The analyst has assigned a buy call to Eicher Motors with a target price of Rs 3625 apiece.
4. What is the potential return on investment for Eicher Motors?
If you buy Eicher Motors shares now, you can get a likely return of 25%, based on the target price assigned by the analyst.
5. What is the 52-week high and low of Eicher Motors?
The 52-week high of Eicher Motors is Rs 3886.00 apiece, and the 52-week low is Rs 2311.10 apiece.
6. What is the market capitalization of Eicher Motors?
The market capitalization of Eicher Motors is Rs 79.