By Admin 
High Return Stocks: There is an atmosphere of ups and downs in the Indian stock market these days. Investor confidence has weakened due to the stalled trade deal between India and America, increasing uncertainty at the global level and mixed quarterly results of companies.
In such an environment, many people are confused about investment. Meanwhile, brokerage firm Nuvama Institutional Equities has listed some selected stocks. In which according to him, there is a possibility of getting returns up to 46 percent in future. Let us know about these shares….
apl apollo share
Expressing confidence in the shares of APL Apollo Tubes Limited, brokerage firm Nuvama Institutional has increased its target price. While earlier this target was Rs 2,188, now it has been increased to Rs 2,638 per share. This new target indicates an increase of about 34 percent in the stock in the coming one year.
Nuvama has also maintained its buy rating on the company’s stock. According to the brokerage, the company has performed better than expected in the third quarter. It has also improved its guidance. Due to this strength, the brokerage expects better returns from the company’s shares in the coming time.
emphasis share
Brokerage firm Nuvama Institutional has continued its buying advice on the shares of IT sector company Mphasis. The brokerage has set a target price of Rs 3,400 for this stock. Which indicates an increase of about 21.4 percent from the current level of shares. The brokerage firm believes that the current position of the company remains strong from investment point of view.
According to the brokerage, Mphasis has recorded better deal wins in the third quarter and its performance has been stable. For this reason, the brokerage is expecting good performance from the company.
Vari Energies Share
The brokerage firm has maintained its buy advice on the shares of Vaari Energies Limited. The brokerage has set a target price of Rs 3,867 for this stock. According to Nuvama, the company’s shares may see an increase of up to 46 percent in the coming 12 months. Due to which investors can get an opportunity to earn good returns.
Nuvama says that the company is continuously focusing on backward and forward integration. Due to which the risk of dependence on his earnings will be less than before. Along with this, Vari Energies is also taking steps in new business related to green energy. Which can further strengthen the company’s performance in the long run.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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