Friday, 23 June 2017

Top 5 fundamentally strong stocks to buy on dips which could give up to 22% return

The momentum which propelled the Nifty50 to reclaim Mount 31 K, up 17 percent so far in the year 2017 could well slow down, but there will be plenty of stock specific action.

Most experts have a target of 32,000 – 33,000 on the S&P BSE Sensex which translates into an upside of about 5 percent. Investors will be better off staying with stocks which can outperform markets by a wide margin.

List of top 5 Stocks - 

Dr Reddy's Labs: BUY| Target Rs3280| Return 22%

CLSA maintains a buy rating on Dr Reddy’s Laboratories with a 12-month target price of Rs 3280. The Asia-focused broker said the company expects continued progress on regulatory compliance in FY18

Shriram Transport Finance: BUY| Target Rs1159| Return 16%

Reliance Securities maintains a buy rating on Shriram Transport Finance (STFC) with a 12-month target price of Rs1,159.

Disbursements improved by 29.5 percent on a QoQ basis to Rs105.2bn in 4QFY17 as against Rs81.2bn in 3QFY17 primarily due to the revival of the demand post demonetisation.

HDFC: BUY| Target Rs1786| Return 10%

Reliance Securities maintain a buy rating on HDFC with a target price of Rs1786.

The domestic brokerage firm expects further improvement in operating performance in coming quarters on the back of healthy net interest income (NII) growth and a listing of insurance arm.

Infosys: BUY| Target Rs1040| Return 10%

Reliance Securities maintains a buy rating on Infosys with a 12-month target price of Rs 1040. Infosys’ revenue rose by 0.7 percent QoQ in 4QFY17; a positive factor was the healthy 4.1 percent QoQ growth in the ECS vertical, with Communications & Services growing nearly 10 percent QoQ and accounting for nearly 10 percent of revenue, the highest proportion since 2QFY13.

Maruti Suzuki India: BUY| Target Rs7900| Return 9%

Sharekhan maintains a buy rating on Maruti Suzuki with a target price of Rs7,900. Maruti Suzuki India Ltd (MSIL) has fast tracked production at the new Gujarat plant in wake of strong demand for the recent launches.

Get More Share Market Tips & updates Just Visit - Or Give Miss call @9039000250


  1. our company provides Best Intraday Tips With sure accuracy we are Sebi Registered advisary firm and one of The Leading company of india.