Best Stocks For 2021: The year 2021 has started, now is the right time to assess your portfolio.
Best Stocks For 2021: The year 2021 has started, now is the right time to assess your portfolio. In the year 2020, the stock market closed with a gain of 16 per cent. While the Sensex gave around 16 per cent returns, the Nifty returned 15 per cent. However, the market has been very volatile in 2020. The year started with a positive note, but due to the lockdown, the market moved to lower levels in March. However, by November, the market set its record high. On 31 December 2020, when Nitti crossed 14000 for the first time, the Sensex reached close to 47900.
Many shares have now become expensive in this boom of the market. The market valuation has also increased now. In such a situation, correction in the market cannot be ruled out. In such a situation, experts are advising to assess the portfolio on the new year. In the coming year, in addition to certain sectors like infra, Agri, pharma and IT, the PSU sector may accelerate. Based on the report of the brokerage house, we have selected some similar shares.
Brokerage house MK Global has advised investing in Hero MotoCorp. The brokerage has set a target of Rs 3939 for this. At the same time, the current price of the share is Rs 3100. In this context, the stock can get 27 percent return. The country’s auto industry is now in recovery mode. Especially in the Au Wheeler segment, there is good wholesale recovery. The growth of double-digit can be seen further in this segment. The two-wheeler industry will also benefit from improving rural income. The company will get the benefit of being a big player in two-wheeler.
Brokerage house Sharekhan has advised investing in shares of pharma company Boyocon with a target of Rs 520. The current price of the share is Rs 466. In this context, it can get 12 fees. In the coming days, good growth is expected in the country’s biological segment. The company is in a good position in the global biosimilar space, which will benefit. The company’s balance sheet is strong and earning visibility is also better.
Brokerage house MK Global has suggested investing in Dhanuka Agritech with a target of Rs 890. The current price of the share is Rs 769. In this context, one can get 16 percent return in this year. Dhanukra Agritech is a leading company in the Agri sector. The way the government has increased its focus on the rural sector as well as agriculture, it will benefit the leading agricultural companies. Dhanuka Agritech is the leading agrochemical company. The company’s product portfolio is strong. The benefit of having a strong network across the country is also being benefited.
Brokerage house Khambata Securities has advised Nivea at Burger King with a target of Rs 227. The current price of the share is Rs 175. In this context, the stock can get 30 percent return. Burger King’s listing in the stock market took place in December 2020. Burger King India was listed on the BSE at a 92 per cent premium in the stock market. The issue price of the stock was Rs 60, while it was listed at a price of Rs 115, up by Rs 55. The company opened its first restaurant in India in November 2014. Today Burger King has 268 stores in 57 cities across the country. Out of these, there are 8 franchises which are at airports. The company will use this fund from the IPO to open new stores and repay debt.
Brokerage house Motilal Oswal has advised investing in shares of Bharti Airtel with a target of Rs 650. The current price of the stock is Rs 510. Brokerage house IACICI Direct has also given a target of Rs 620. In this sense, the current price can get 28 percent return from the current price. The debt on Airtel is gradually decreasing. The subscriber base is growing. Airtel has added the most customers in the month of October. Talking about Bharti Airtel, the company’s market share is increasing again. The ARPU of the company is 162 rupees.
Brokerage house Prabhudas Liladhar has advised investing in Infosys with a target of Rs 1436. The current price of the share is Rs 1256. In this context, it can get 14 percent return.
Sentiments on the stock have improved after the Daimler AG deal. This deal will be seen in the next quarters. The company has grown 45 per cent in new deals on an annual basis. Infosys has revised the revenue growth guidance in Constant Currency by 2-3 per cent for the financial year 2020-21. It was 0-2 per cent earlier. The full year operating margin guidance has also been increased to 23-24 per cent as against 21-24 per cent.
Brokerage house Motilal Oswal has advised investing in Coal India with a target of Rs 190. The current price of the share is Rs 135. In this sense, it can get 41 percent return. The company’s financials are improving. In the second quarter, Coal India Conso sales grew by about 15 percent on a quarterly basis. At the same time, net profit was Rs 2950.81 crore. Coal India Limited will now enter the non-coal sector aluminium and solar sector in 2021 next year. Apart from this, a target has also been set to produce one billion tons (100 million tons) of coal.
Brokerage house MK Global has advised Nivea with a target of 124 in Ashok Leyland. The current price of the share is Rs 95. In this context, the stock can grow by 31 percent. Sentiments of the auto segment are improving. In the midst of economic recovery, infrastructure is being worked on. Construction activity is on the way. In such a situation, the company will get the benefit of increasing demand for trucks. The company also makes special vehicles for the defence sector.
Brokerage house Sharekhan has advised Nivea at NTPC with a target of Rs 140. The current price of the stock is 99 rupees, in this sense, the stock can get 41 percent return. The company’s operational performance has improved. Along with this, the share buyback price of the company is around the book value of NTPC at Rs 11 per share. Also, the company is offering 6-7 percent dividend to its investors.
Brokerage house Motilal Oswal has advised investing in Aurobindo Pharma with a target of Rs 1100. The current price of the share is 920 rupees. In this context, the stock can get around 20 percent return. The company expects a great boom in its business in the US. In addition, the company is going to launch many products. It will be further benefited.
Note: We have given information here based on the report of the brokerage house. There are risks in the stock market, so take the opinion of experts before investing.