5 Cheaper Stocks Below Rs. 100, 40% Return Estimates in Long Term – Hashthought.com

5 Cheaper Stocks Below Rs. 100, 40% Return Estimates in Long Term

Date: 9 Sep 2017 @ 13:25

The right way to invest in the stock market with small amounts is to invest in low-cost stocks. Today we are telling you about 6 stocks on which the brokerage house expressed its confidence and advised investment. These stocks are trading below the level of 100 rupees. According to the target given by the brokerage house, these stocks are expected to increase by 40 percent.

 

Dish TVs (existing level 76, goal 106)

Motilal Oswal and Edelweiss have advised investment in Dish TV’s stock. Motilal Oswal has 106 and Edelweiss has advised investment with a target of 100. The stock closed to the level of 76 on Friday. That is, the return in stock is estimated at 39 percent. According to the broking firm, the company will benefit margin by reducing the merger and content cost from Videocon. At the same time, the valuation of the stock is quite attractive considering the company’s outlook.

 

 

Tata Power (current level 77, target 88)

Reliance Securities has advised investment in Tata Power with a target of 88. The stock closed at a level of 77 on Friday. According to the broking firm, the company’s income can remain under pressure. Even though the company is working on cost reduction, it can also be invested with non-core investment. Both of these steps will help the company to recover. Apart from Reliance Securities, Edelweiss has advised investment with a target of 87.

 

 

Suzlon Energy (existing level 16, target 27)

Broking firm K R Choksi has advised investment in Suzlon Energy with a target of 27. The stock closed at Friday’s level of 16.15. According to the broking firm, income in the first quarter of the company has been lower than expected. However operational performance has been better than estimates. According to the broking firm, the wind energy sector is expected to increase in time to come. The company will get the benefit of any growth due to being the largest company in the segment.

 

 

Sanghi Industries (current level 85, target 115)

Broking firm K R Choksi has advised investment in Sanghi Edwards with a target of 115. The stock closed at 85 levels on Friday. According to the broking firm, estimates of better earnings in the coming time, changes in product mix, improvement in operating performance and return ratios, and better brand support, further estimates the company’s growth.

 

Idea Cellular

Broking firm Motilal Oswal has advised investment in Idea Cellular with a target of 110. The stock closed at Friday’s level of 80.

 

Disclaimer: However, views expressed here are that of individual analysts. Hashthought does not take responsibility for any gain or loss made on recommendations of analysts. Please consult your financial advisers before investing.

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