Retail investors always keep an eye on the portfolio of stock market veteran Rakesh Jhunjhunwala. His portfolio includes stocks of many big companies, which have proved themselves to be multibaggers for him.
Rakesh Jhunjhunwala Portfolio Stocks: Retail investors always keep an eye on the portfolio of stock market veteran Rakesh Jhunjhunwala. His portfolio includes stocks of many big companies, which have proved themselves to be multibaggers for him. Rakesh Jhunjhunwala, popularly known as Big Bull, keeps changing his portfolio from time to time by sensing the mood of the market. For this reason, retail investors often invest on the same trend. There are some stocks from Big Bull’s portfolio on which brokerage houses are bullish. The brokerage house sees the fundamentals of those stocks as strong and believes that they can make good gains going forward. You can also keep an eye on those stocks.
Indian Hotels
Brokerage house Anand Rathi has given investment advice in Indian Hotels and has set a target of Rs 254 for the stock. In terms of current price of Rs 204, it can give 25% return. The brokerage says that this is the better stock of the opening up theme. The company will benefit from travel related activities becoming normal. Room booking rate is better than before. There is a recovery in the company’s international and business travel. The company has strong cash, so it is ready to take advantage of the economic recovery.
Federal Bank
While recommending investment in Federal Bank, brokerage house HDFC Securities has given a target of Rs 121. In terms of current price of Rs 99, it can give 22% return. The brokerage house says that the financials of the bank have been in line with the estimates in the December quarter. The credit cast has decreased by 64bps. There is a steady improvement in asset quality. Loan growth has been 12 per cent year-on-year. The balance sheet of the bank is strong and there is a good business outlook. The income of the bank has been 4125.30 crores, while the profit has been 539.77 crores.
NCC Ltd
Brokerage House Anand Rathi in NCC Ltd has a buy on Nivea with a target of Rs 105. The current price of the share is Rs 67. Therefore, 57% return can be given in this. According to the brokerage house, the order book of the company is looking better than expected. Execution picked up pace in the December quarter. Keeping in view the positive outlook, the brokerage house has increased the earnings estimates for FY22e by 13 per cent. The estimate has been raised by 5 per cent for FY23e and by 6 per cent for FY24e. In the December quarter, the company’s income grew 16.6 percent on a quarterly basis to 3032.84 crores. There was a growth of 41 percent on a yearly basis. At the same time, the profit has been Rs 83.77 crore.
SAIL
Brokerage house Motilal Oswal has given a target of Rs 142 in the stock. In terms of current price of Rs 98, it can give 45% return. The brokerage says that in FY22, the company has lost Rs 16200 crore. The company will get the benefit of debt reduction. Steel prices may rise. On the other hand, Indian companies will get the benefit of weak supply outlook in China. EBITDA growth of steel companies will accelerate. The company’s Conso profit increased from 1468.20 crores to 1528.54 crores on a year-on-year basis. The profit of the company increased due to higher income. At the same time, the income has increased from Rs 19,997.31 crore to Rs 25,398.37 crore.
(Disclaimer: Stock investment advice is given by the brokerage house. These are not the personal views of The Financial Express. Markets are risky, so take expert opinion before investing.)
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