By Admin 
Best Stocks to Buy: Amidst the ongoing tension in the Middle East, weakness is visible in the Indian domestic market as well as at the global level. Investors are also being cautious and making investment strategies.
Amidst such circumstances, brokerage firms are placing their bets on some selected shares. As expected, these stocks are expected to rise significantly in the coming 12 months. Let us know about these shares…
Coforge Ltd Share
Brokerage house Motilal Oswal has advised investment in Coforge shares and has set its target at Rs 1,880. Which shows an upside of about 64 percent from the current level. According to the brokerage, there is a positive environment due to the company’s strong order book and big deals.
Also, due to the increasing demand for digital transformation, the company’s growth is expected to continue further. In such a situation, investors may keep an eye on the company shares on Monday’s trading day.
Infosys Ltd Share
Motilal Oswal has placed his bet on Infosys shares. According to the firm, a target of Rs 1,850 has been set for the company shares. Which indicates an increase of about 46 percent from the current price.
The brokerage believes that the company’s global delivery model and regular dividend payments make it strong. Also, it is expected to maintain better return ratio till 2028. Whereas brokerage firm Nomura has also kept a positive stance on this stock and has set a target of Rs 1,810. Which shows an upside of about 43 percent.
ICICI Bank Ltd Share
Brokerage firm Jefferies has shown its positive stance on the shares of ICICI Bank. Giving buying advice, the firm has set a target price of Rs 1730. Which shows a potential rise of about 40 percent from the current level.
According to the brokerage, the bank’s strong balance sheet and consistent profits are its biggest strengths. At the same time, Motilal Oswal has also expressed confidence in this stock and has set a target of Rs 1,750, which shows a possible rise of about 41 percent from the recent price.
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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