Brokerage firm Motilal Oswal has identified 5 key stocks with b fundamentals for the next one year.
Amidst the current market fluctuations, the renowned brokerage company Motilal Oswal has released a list of special stocks for investors, focusing on some b companies. This list includes five such stocks that are considered to have b fundamentals and are expected to perform well in the next 12 months. The potential return on these stocks is estimated to range from 13 percent to 37 percent.
Companies the firm has confidence in
Motilal Oswal's top fundamental picks include Prince Pipes, Time Technoplast, Niva Bupa, ICICI Bank, and Hindustan Aeronautics. This selection is based on the stability of these companies' businesses, b balance sheets, and growth prospects.
Prince Pipes: An emerging star in the pipe industry
Prince Pipes has been given the first position in the brokerage house's list. The target price for this stock is set at Rs 500, while its current market price is around Rs 365. This indicates a potential return of approximately 37 percent for investors. The company's good brand value, distribution network, and its demand in sectors related to real estate and rural development make it a b candidate.
Time Technoplast: Strong hold in industrial packaging and gas cylinder sector
Time Technoplast is a company that manufactures products like industrial packaging, plastic products, and gas cylinders. The target price for this company has been set at Rs 578, which is about 30 percent higher than its current price of Rs 448. Increasing demand in the energy and infrastructure sectors is supporting it.
Niva Bupa: An emerging force in the health insurance sector
Niva Bupa, which operates in the health insurance sector, has also found a place in Motilal Oswal's list. The target for the company is set at Rs 100, while its current price is around Rs 85. This indicates a potential return of about 18 percent. The increasing demand for health insurance in India and the company's b presence on digital platforms can lead it to profits.
ICICI Bank: The b backbone of the private banking sector
ICICI Bank has always received the trust of investors. This time, Motilal Oswal has set a target of Rs 1650 for it, while its current price is around Rs 1443. This indicates an upside of about 15 percent. A b balance sheet, credit growth, and better management have been the reasons for its inclusion in the list.
Hindustan Aeronautics: A trusted name in defense manufacturing
The inclusion of the government-owned defense manufacturing company Hindustan Aeronautics (HAL) in this list is not surprising. The brokerage house has chosen it due to the government's policy of self-reliance in the defense sector and HAL's b order book. The target for the company is set at Rs 5650, while its current price is Rs 4992. This indicates a potential return of approximately 13 percent.
Current market situation: Strength seen amidst fluctuations
On July 4, the Indian market witnessed a lot of fluctuations, but at the end of trading, both Sensex and Nifty closed in the green. The Sensex recorded a gain of 193 points and closed at the level of 83,432. Meanwhile, Nifty climbed 55 points to reach the level of 25,461.
Impact of the US announcement on the market
In Friday's trading, the impact of the announcement by former US President Donald Trump, in which he mentioned imposing tariffs on imports from August 1, was seen. This news caused a stir in the global market, and India was not untouched by it. However, support came to the market from b domestic results and buying in selected stocks.
Which stocks showed strength in the Sensex
Out of the 30 stocks in the Sensex, stocks like Bajaj Finance, Infosys, Hindustan Unilever, ICICI Bank, HCL Technology, Bajaj Finserv, SBI, Reliance Industries, and TCS saw gains. Meanwhile, stocks like Trent, Tata Steel, Tech Mahindra, and Maruti were under pressure.
The brokerage house's views became a topic of discussion
These top 5 stock picks by Motilal Oswal are a topic of discussion among investors. The brokerage believes that if the market remains stable and the companies' performance remains as expected, good returns can be achieved from these stocks in the next one year.
