5 Stocks to buy now: Analysts reveal price targets
Stocks to buy: The stock market is volatile. There is no big trigger for the boom but there are many big reasons for the stress. In such a market, one should focus on stocks with strong fundamentals where the downside risk is limited, Motilal Oswal has advised buying 5 stocks including Powergrid, Zomato, and REC. An upside target has been assigned to these stocks. So, go through the article to know the complete details including the target.
Powergrid Share Price Target
A target of Rs 425 crore has been given to Powergrid. This stock is trading at Rs 315. The target is 35 percent above the current level. The 52-week high of this stock is Rs 366 and the low is Rs 205.
Zomato Share Price Target
A target price of Rs 330 has been given to Zomato. The stock is trading at Rs 265 with a gain of 3.25 percent. The target is 25 percent above the current level. The 52-week high of this stock is Rs 298 and the low is Rs 112.
REC Share Price Target
The target for REC Ltd is Rs 630. The stock is trading at Rs 505. The target is 25 percent above the current level. The 52-week high of this stock is Rs 654 and the low is Rs 327.
HCL Tech Share Price Target
A target of Rs 2300 has been assigned to HCL Tech. This stock is trading at Rs 1855. The target is 23 percent above the current level. The 52 week high of this stock is Rs 1897 and the low is Rs 1235. This stock has made a new high today.
Bank of Baroda Share Price Target
A target of Rs 290 has been given to Bank of Baroda. The stock is trading at Rs 244. The target is 18 percent above the current level. The 52-week high of this stock is Rs 299 and the low is Rs 193.
(Disclaimer: Here stock investment advice is given by the broker company. These are not opinions of Zee Business. Consult your advisor before investing.)