Top picks of Geojit – Amidst selling in sectors, the market saw profit-booking for the third consecutive day on 7 February and the market closed in the red mark in yesterday’s trade. Today i.e. in the business of February 8, consolidation is being seen in the market. Meanwhile, power, oil & gas, realty and capital goods indices are seeing a decline of 0.5-1 per cent. Brokerage house Geojit has advised investors to bet on the upside of 25 per cent in these mid and largecap stocks amid concerns over rising bond yields as well as crude oil prices.
Let’s take a look at the brokerage house’s preferred stock.
ICICI Prudential Life Insurance Company | Giving buy rating on this stock, the brokerage firm has given a target of Rs 657 for this. Currently this stock is seen at Rs 523. The brokerage house says that an upside of 25 percent can be seen in this stock.
Supreme Industries | The brokerage house has given Accumulate Rating to this stock with a target price of Rs 2,360. Currently this stock is seen at Rs 2,020. The brokerage house says that an upside of 17 percent can be seen in this stock.
Asian Paints | Giving buy rating on this stock, the brokerage firm has given a target of Rs 3,663 for it. Currently this stock is seen at Rs 3,174. The brokerage house says that an upside of 15 percent can be seen in this stock.
marico , Giving buy rating on this stock, the brokerage firm has given a target of Rs 560 for it. Currently this stock is seen at Rs 511. The brokerage house says that an upside of 9 percent can be seen in this stock.
Colgate-Palmolive , Giving buy rating on this stock, the brokerage firm has given a target of Rs 1,690 for it. Currently this stock is seen at Rs 1,438. The brokerage house says that an upside of 17 percent can be seen in this stock.
Larsen & Toubro | Giving buy rating on this stock, the brokerage firm has given a target of Rs 2,357 for it. Currently this stock is seen at Rs 1,885. The brokerage house says that an upside of 25 percent can be seen in this stock.
L&T Finance Holdings | Giving buy rating on this stock, the brokerage firm has given a target of Rs 89 for it. Currently this stock is seen at Rs 74.45. The brokerage house says that an upside of 19 percent can be seen in this stock.
Tech Mahindra | Giving buy rating on this stock, the brokerage firm has given a target of Rs 1,724 for it. Presently this share is seen at Rs 1,441. The brokerage house says that an upside of 19 percent can be seen in this stock.
Zee Entertainment Enterprises , Giving buy rating on this stock, the brokerage firm has given a target of Rs 325 for it. Currently this stock is seen at Rs 273. The brokerage house says that an upside of 19 percent can be seen in this stock.
Biocon , Giving buy rating on this stock, the brokerage firm has given a target of Rs 460 for it. Presently this stock is seen at Rs.400. The brokerage house says that an upside of 15 percent can be seen in this stock.
Dalmia India , The brokerage house has given Accumulate Rating to this stock with a target price of Rs 2,200. Currently this stock is seen at Rs 1,978. The brokerage house says that an upside of 11 percent can be seen in this stock.
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