Money Excel - Personal Finance Blog

Menu
MENUMENU
MENUMENU
  • Home
  • Business Ideas
    • 225 Small Business Ideas
    • 40 Online Business Ideas
    • 20 Business Ideas for Beginners
    • 20 small manufacturing business
    • 30 Food Business Ideas
    • 100 Business Ideas low investment
  • Stock Market
    • Best Demat & Trading Accounts 2021
    • Best Virtual Trading Apps
    • Best Stock Screener
    • Best Discount Brokers in India
    • Multibagger Stocks of LockDown
    • Rakesh Jhunjhunwala Portfolio
  • Mutual Funds
    • Best Mutual Funds 2021-22
    • Best Direct Mutual Fund Platform
    • Best Mutual Fund Mobile Apps
  • Incometax
    • Income Tax Calculator FY 2020-21
    • Latest Income Tax Slab FY 2021-22
    • Income Tax Refund Request
    • Pay Advance Tax Online
    • Download New 15G -15 H Forms
  • Investment
    • Best Investment Options 2021
    • Long Term Investment Options
    • Best Investment Regular Income
    • Best Investment Options NRI
  • Credit Card
    • Best Credit Cards 2021-22
    • Best credit card for online shopping
    • Best Forex Card in India
    • Best Business Credit Cards
    • Credit Cards against Fixed Deposit
  • Insurance
    • Best Term Insurance Plans 2021
    • Best Health Insurance 2021
    • Best LIC Policy 2021
    • Best Car Insurance Companies
    • Best Mobile Insurance Companies
  • Downloads
Home
Stock Market
Top 10 recommended stock by leading brokerage houses – 2016

Top 10 recommended stock by leading brokerage houses – 2016

Raviraj Parekh May 20, 2018

recommended stock

After underperforming for one year the stock market is back on track after budget 2016. In past one week, sensex has grown by 6.7%. The main reason behind strong upward momentum in the stock market is strong buying by FIIS. As per leading brokerage houses and stock market analyst, there is nothing to worry and investor should continue buying good stocks at dips. It is said that in short time Nifty 50 may touch the level of 7000, if everything goes well with RBI money policy review.

Leading brokerage house such as Motilal Oswal, JP Morgan, HSBC, Nomura, Credit Suisse, HDFC Securities, Edelweiss has recommended following 10 Stocks for the investors with buy ratings.

Top 10 recommended stock by leading brokerage houses

L&T

Do not miss below posts -
  • Top Performing Stocks of Rakesh Jhunjhunwala 2019
  • Top 7 Best Consistent Performer Stocks since past 3 years
  • 30 Stocks 100% return in two years – Double Your …

As per leading brokerage firm Motilal Oswal investor should buy L&T. As per Motilal Oswal position of L&T is very strong in the market. This stock is corrected a lot and trading at a reasonable value. Strong order book and growing profit margin is another reason to bet on this stock. One can buy this stock at CMP (Rs 1190) with a target price of Rs 1440.

Coal India

Coal India is next on the buying list of Motilal Oswal. Coal India has shown strong volume growth. Q3 result of Coal India is very good. The profit margin of Coal India has increased significantly. Due to volume growth revenue of company has also increased. You can buy this stock at CMP (Rs 326) with a target price of Rs 450.

Also Read – Top 5 Best Stock Screener for Indian Stock Market

Hero Motocorp

Hero Motocorp is recommended stock by HDFC Securities. As per them, you can buy this stock at the level of Rs 2700 to Rs 2830 with the target price of Rs 3090. Hero Motocorp performance is improving. In Q3 company has reported 13.6% rise in sales apart from sales profit margin of the company is also increased by 36.5% to796 Cr.

Mahindra & Mahindra

Brokerage firm Edelweiss has given the recommendation to invest in Mahindra & Mahindra. Mahindra & Mahindra will surely get a benefit of budget reform declared in the agriculture sector. Although Q3 result of the company is not so attractive it is expected that company is likely to perform better in future. You can invest in M&M with the target price of Rs 1337.

HDFC Bank

As per Angle Broking, one can invest in HDFC Bank. A retail business of HDFC bank is very good. A quarterly result of HDFC bank is very good profit margin of the company is increased by 20%. Interest income is also increased by 24%. One can buy HDFC Bank with a target price of Rs 1262.

IPCA Laboratories

IPCA Laboratories is recommended stock by Credit Suisse. Credit Suisse has given a target price of Rs.680 for IPCA laboratories. Earlier price target was high but it is slashed recently as IPCA Lab is warned by US FDA about the manufacturing of drugs.

Also Read – How to do Fundamental Analysis of Stock?

Lupin

Lupin is leading pharma stock. Buy recommendation for Lupin stock is given by Nomura. Target price set for this stock is Rs 2110. Lupin has developed generic Fortamet and Glumetza (diabetes medicines) this will offer strong near-term earnings support to the company. A lack of competition and strong demand of the product is another positive point about Lupin.

Maruti Suzuki

Maruti Suzuki is recommended stock by JPMorgan. They recommend buying Maruti Suzuki with the target price of Rs. 3880. It is said that recent imposition of infra tax will impact negatively on the growth of the auto industry, however, Maruti Suzuki is a strong player and will come out from this situation soon.

Bharat Forge  

Bharat Forge is recommended stock by HSBC. Target price of Bharat Forge set by HSBC is Rs 1030. A diversified product portfolio and entry into newer segment will give a positive boost to Bharat Forge.

Dr. Reddy’s Laboratories

Dr.Reddy’s Laboratories is recommended stock by Macquarie. Macquarie gives outperform rating on Dr.Reddy’s Laboratories with a target price of Rs 3800.

recommended stock

Over to You –

Do you think stock recommended by leading brokerage house will continue to shine in future?

Have you invested in any of the stock mentioned above?

What is your take on above stock recommendation?

 (The views content and recommendations expressed in this post are of brokerage house own and do not represent those of Moneyexcel.com. Please consult your financial adviser before taking any position in the stocks mentioned)

Tweet
Share
Whatsapp
Pinterest
Prev Article
Next Article
Tags:best stock brokerage house leading stock brokerage house recommended stock stock brokerage house stock recommendation

About The Author

Raviraj Parekh

Raviraj is the man behind moneyexcel.com. He is PGDBA, engaged in blogging for 10 years. Moneyexcel blog is ranked as one of the Top 10 Personal Finance Blog in India. He is not affiliated with any financial product, service provider, agent or broker. The purpose of this blog is to spread financial awareness and help people in achieving excellence for money. Please note that the views expressed on this Blog/Comments are clarifications meant for reference and guidance of the readers to explore further on the topics. These should not be construed as investment advice or legal opinion.

Leave a Reply Cancel Reply

Search

Top Posts & Pages

  • Income Tax Calculator FY 2020-21 (AY 2021-22) – Excel Download
  • Rakesh Jhunjhunwala Portfolio Holdings - March 2021
  • Download Income Tax Calculator FY 2021-22 (AY 2022-23)
  • 20 small manufacturing business ideas with low cost
  • How to check Property Records and Land Records online in India?
  • Cash Deposit Machine Locator – How to find CDM Near You?
  • LIC Premium Paid Certificate Download For Income Tax Purpose - Online
  • 235 Small Business Ideas with Low Investment in 2021-22
  • Top 60 Manufacturing Business Ideas
  • 10 Best Small Trading Business Ideas

Subscribe to Blog via Email

Join 5,475 other subscribers

Follow MoneyExcel

Money Excel – Personal Finance Blog

Personal Finance Blog
Copyright © 2021 Money Excel - Personal Finance Blog
| About |Downloads | Contact Us | Sitemap | Disclaimer | Privacy Policy |