Stocks to BUY: There is tremendous strength in the domestic stock markets. Nifty-Sensex also touched a new record high on Thursday. In such a situation, amid the boom in the market, stocks are also seeing a good rise. If you want to invest money in stocks for investment, then for this you need quality stocks which have the potential to give good returns on the basis of fundamentals.
Champion Stocks
On the occasion of National Sports Day on August 29, market experts have listed such stocks which can prove to be Champion Stocks for your portfolio. On Zee Business, 3 market experts have advised buying stocks like India Hotels, Hero MotoCorp, Polycab, R Systems, Vishnu Chemicals, Grindwell Norton. You can earn good profits by investing in these stocks for 1 year.
Sunny Aggarwal of SBI Securities chose these 3 shares
- India Hotels- BUY Invest for a target of Rs 760 for 12 months. It is a company with a market cap of Rs 94,400 crore. It is the largest hotel chain in the country. It has been the world’s strongest hotel brand in 2024. Operates under Taj, Vivanta, Ginger. Many big projects are in the pipeline. The first quarter of FY25 has been the strongest performance so far. It has a debt free balance sheet and free cash flow. Income and profit are likely to grow at 15% CAGR in the next 3 years.
- Hero Motocorp- BUY Invest in auto stocks for a target of Rs 6,200 for 12 months. The company has a lead position in two-wheeler OEM in the country. Splendor, Passion are popular brands. Ather has a 40% share in the EV segment.
- Polycab- BUY Invest for a price of up to Rs 8,000 for 12 months. It is a leading cable and wire manufacturing company in the country. It has a 25-26% share in this business. It has a chain of 3,800 distributors and dealers in the country. The income guidance for FY26 is Rs 20,000 crore.
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Stocks picked by Enoch Ventures’ Vijay Chopra
- Maha Seamless- BUY There is a buy recommendation in Maha Seamless. It is a company with good valuations. Good growth is expected in the future. You can invest in it for a target of Rs 800 for 12 months.
- GMDC- BUY The company has mines with good capacity. 4-fold growth is expected by 2030. Targets of up to Rs 450 can be achieved in this for 12 months.
- R Systems- BUY There have been good results in the first quarter of the current financial year. It is advisable to invest in this for a target of Rs 600 for 12 months.
Market expert Ambarish Baliga chose these shares
- Vishnu Chemicals- BUY Experts have chosen Vishnu Chemicals for 12 months. The target is Rs 525. It is a leading manufacturer of chromium and barium. Exports contribute 50% to the total income. The company has a target of 20% margin by FY26.
- Fedbank Financials- BUY The company is focusing on MSMEs and self-employed customers. Also, there is a focus on housing loans and loan against property. AUM growth will be due to good business in the gold loan business. There is an investment recommendation for a target of Rs 156 for 12 months.
- Grindwell Norton- BUY The company is a market leader in abrasives with 27% market share. The company’s free cash flow has been strong for the last 10 years. The company’s income has doubled in the last 6 years. An 18% CAGR in income is expected in the next 3 years. Operating profit may be 24% CAGR in the next 3 years. In this, you are advised to invest for a target of Rs 2,900 for 12 months.
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