Purchase 3 high quality shares with excessive potential for brief time period features: ICICI Direct recommends


AIA Engineering

aia engineering ltd. , The present market worth of Rs. 2,496/share, and ICICI Direct has set the goal worth for the inventory at Rs. has estimated. 3010/share, and given a purchase ranking with a possible return of 20%. The agency talked about, “We love AIA Engineering in our capital items protection. AIA Engineering (AIA) is India’s largest producer and provider of excessive chrome put on, corrosion and abrasion resistance castings. Purchase with a goal worth of Rs.3010, That’s, 35x P/E at FY24E EPS.” Its share worth has elevated by 40.81% within the final 6 months. It’s a giant cap inventory with a market capitalization of Rs. 23,697.

Jindal Stainless

Jindal Stainless

Jindal Stainless. The present market worth of Rs. 125.55/share, and ICICI Direct has set the goal worth for the inventory at Rs. has estimated. 135/share, and given a purchase ranking with a possible return of 20%. The brokerage agency mentioned, “In our steel protection, we want Jindal Stainless. Jindal Stainless (JSL) has an built-in facility of 1.1 million tonnes each year (MTPA) with backward integration, with a goal worth of Rs 135 Purchase.” Its share worth has elevated by 9.51% within the final 1 month. It’s a mid cap inventory with a market capitalization of Rs. 6,618.

csb bank

csb financial institution

csb financial institution ltd , The present market worth of Rs. 208.30/share, and ICICI Direct has set the goal worth for the inventory at Rs. has estimated. 250/share, and given a purchase ranking with a possible return of 20%. The agency mentioned, “We additionally want CSB Financial institution in our protection. CSB Financial institution is a South based mostly non-public sector financial institution with Kerala contributing ~48% of the full enterprise. The modified technique in numerous features of lending has led to a change previously. Modified and outperformed. Few years. Purchase with goal worth of Rs.250.” Its share worth has declined by 5.49% within the final 1 month. It’s a small cap inventory with a market capitalization of Rs. 3,605.

Return Comparison of Shares - NSE

Return Comparability of Shares – NSE

The present market worth (CMP) and goal worth (TP) of the really useful shares are talked about on this desk.

firm cmp goal worth 1 yr potential return
AIA Engineering Rupee. 2,496 Rupee. 3010 20.59%
Jindal Stainless Rupee. 125 Rupee. 135 8.00%
csb financial institution Rupee. 208.30 Rupee. 250 20.19%

Disclaimer

Disclaimer

The above shares had been chosen from the brokerage report of ICICI Direct. Investing in equities carries the chance of economic loss. Subsequently, traders ought to train due warning. Grenium Data Applied sciences, authors and traders ought to due to this fact train warning. Grenium Data Applied sciences, the creator and the brokerage home should not accountable for any damages which will outcome from choices based mostly on the article.



Supply hyperlink