Mid-term Stock Trading Tips - Best Stock Recommendations
Following are the stocks suggested to buy for mid term period :
Market price: Rs 2776
Target price: Rs 3225
Most profitable amongst frontline Indian IT cos. Key positives in Q3 are a 0.8% increase in revenue productivity in constant currency, five large deal wins.
Sintex Industries Ltd
Market price: Rs 100
Target price: Rs 112
The long-term growth story is intact with government’s spending on low-cost housing and social infrastructure. Continuous innovations to drive next phase of growth.
ICICI Bank Ltd
Market price: Rs 928
Target price: Rs 1100
After a period of consolidation over the past two years, focus has shifted to loan growth with corporate and secured retail loans being key drivers.
Market price: Rs 203
Target price: Rs 230
We are positive on long-term demand growth in cigarette business due to rising affordability. Non-cigarette businesses can fund their own growth.
Hero MotoCorp Ltd
Market price: Rs 1961
Target price: Rs 2253
Leader in domestic market. Volume growth to remain stable, driven by recovery in urban markets and increasing penetration of its product in rural markets.