Motilal Oswal Selects 5 Fundamental Stocks Amidst Market Decline, Projecting 19% to 30% Returns in One Year. Advises Investors to Maintain a Long-Term Perspective.
Fundamental Stock Picks: Amidst global uncertainty and a declining market trend, there's good news for investors in India. Leading brokerage firm Motilal Oswal, based on its fundamental analysis, has identified five stocks with the potential to deliver up to 30% upside returns in the next year.
Market Decline Presents Investment Opportunities
On April 9th, the Indian stock market experienced significant volatility due to the Trump administration's stricter tariff policies and weakness in global markets. The BSE Sensex closed down 379 points at 73,847, while the Nifty 50 closed at 22,399, down 136 points. Amidst this downturn, Motilal Oswal has shared a list of reliable stocks for long-term investors.
Motilal Oswal's Top 5 Stock Picks
1. SRF Ltd
Motilal Oswal has set a target price of ₹3540 for SRF. The stock is currently trading at ₹2730, indicating a potential return of up to 30%.
2. Varun Beverages (VBL)
The brokerage house has set a target price of ₹680 for VBL. It currently closed at ₹538, suggesting a potential return of up to 26%.
3. Indian Hotels
This Tata Group company is attracting investor interest. The target price is set at ₹960, while the current price is ₹768, potentially indicating a rise of up to 25%.
4. Amber Enterprises
The brokerage has set a target of ₹7800 for Amber. It closed at ₹6163, suggesting an estimated upside of 26%.
5. ICICI Bank
This b name in the banking sector is also included in the list. With a target price of ₹1550 and a current price of ₹1304, a return of approximately 19% is possible.
Impact of Trump Tariffs and Pharma Sector
US President Donald Trump's decision to increase tariffs also impacted India's Pharma Sector, causing the Pharma index to fall by up to 2%. However, the market attempted some recovery following a 0.25% repo rate cut by the RBI.
