By Admin 
If you want to earn good returns by investing in the stock market, brokerage firm Nuvama Institutional Equites have identified three selected stocks for you, which can make you remove a strong profit in future.
These shares are- Marico, Zee Entertainment, and Galaxy Surfactant. These stocks have a rating of ‘BUY’ and in the next 12 months, returns from 17 percent to 34 percent have been expected.
Marico will give 17 percent return
Nuvama has retained its ‘Buy’ rating on Marico and has fixed its target price of Rs 815, which is a sign of giving up to 17 per cent returns from the current level. Marico has gained growth in market cap from 18 per cent CAGR in the past years. By FY30, Marico is carrying a target of Rs 20,000 crore revenue (FY25 had a revenue of Rs 10,800 crore).
The special thing is that the atmosphere of demand in FY26 is likely to be favorable and Copra’s inflation is also expected to get relief. Marico’s food segment will also grow with 25 % CAGR in the next few years.
Zee Entertainment Target 34 %
On Zee too, Nuvama has retained the Buy rating and its target price has been kept at Rs 178, which shows the possibility of returns up to 34 per cent. The company is trying to bring Ebitda margin to 18–20 per cent by FY26 (14.4 per cent in FY25). The loss of 60 per cent in the ZEE5 deficit and 8–10 per cent growth has been kept in Ed Revenue.
The biggest thing, by March 2025, Zee has a cash balance of Rs 2,410 crore, which is 19 per cent of its total market cap, that is, the company is financially strong in a very strong position.
Galaxy Surfactant target 23 %
NUVAMA has increased the target price of Galaxy Surfactant to Rs 3,061 and has also retained BUY call on it. This stock can show up to 23 per cent upside. The company is now stepping into a high-value segment like Beauty and Wellness, especially in the “Leave-On” category. Galaxy FY25 to FY30 and FY30 is carrying 2 times the target to achieve 2 times volume, 2.5 times Ebitda and more than 22 percent ROCE.
If you are expecting good returns in the coming 12 months, Marico, Zee and Galaxy Surfactant can be good options for your portfolio. Provided you keep a long term attitude and understand the ups and downs of the market.
Disclaimer: (Information provided here is being given only for information. It is necessary to tell here that the investment market is subject to risks. Always consult expert before investing as an investor. Never is advised to invest money from Abplive.com.
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