12 Stocks From Building Materials Space Has 'Buy', 'Hold' Or 'Accumulate' Rating

Leading brokerage house Parbhudas Lilladher has placed a 'buy', 'hold' or 'accumulate' rating on 12 stocks that are part of the building materials space. The businesses of these companies include electrical wires, pipes & fittings, sanitaryware, and electrical appliances.

The companies recently posted their quarterly performance, based on the management guidance, and the results the stock-broking firm has set a target price. The firm feels that investing in them will provide good returns in a few years. Given below are the details.

Company Name	Rating	Target Price (Rs/share)	Potential Upside (%)	Current Market Price (Rs/share)	Category
Astral Ltd	Buy	1,830	8.49	1,704.70	Mid cap
Bajaj Electricals	Accumulate	1,280	21.56	1,199.70	Small cap
Cera Sanitaryware	Buy	7,706	15.19	7,597	Mid cap
Crompton Greaves Consumer Electricals	Buy	403	35.23	275.35	Mid cap
Finolex Industries	Buy	224	30.23	180.40	Mid cap
Havells India	Buy	1,447	16.22	1,68.90	Large cap
Kajaria Ceramics	Accumulate	1,264	6.67	1,261.25	Mid cap
KEI Industries	Hold	1,811	-1.36	1,958	Mid cap
Polycab India	Hold	3,249	-3.9	3,390.50	Mid cap
Prince Pipes & Fittings	Buy	693	20.73	580.80	Small cap
Supreme Industries	Buy	3,245	19.21	2,794.50	Mid cap
Voltas	Hold	848	4.95	802.95	Large cap

All the above-mentioned companies are showing a potential movement, roughly between negative 4% to 35.23%.

Disclaimer

The stocks have been picked from the brokerage report of Prabhudas Lilladher. Greynium Information Technologies, the author or the brokerage house will not be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.