4 Best Stock Picks For Thursday Offering Potential Return Of Up To 50%: Axis Securities

Leading brokerage firm Axis Securities has picked 3 stocks for Thursday offering maximum 50% return. These stocks are Amber Enterprises India Ltd, Bandhan Bank, Asian Paints Ltd, and G R Infraprojects Ltd. Check key takeaways below:

Name of the company	Return
Amber Enterprises India Ltd	50%
Bandhan Bank	42%
G R Infraprojects Ltd	36%
Asian Paints Ltd	13%

1. Amber Enterprises India Ltd

The current market price of the stock is Rs 2005 apiece. Axis Securities has assigned buy rating to the stock with a target price of Rs 3000 apiece. If you buy Amber Enterprises India today, it can fetch you potential return of 50%.

The stock has given multibagger returns with maximum return of 100% in last 3-years. It has declined 39% in last 1-year. It operates in Consumer Durables sector. The mid cap company has a market capitalisation of Rs 6755 crore.

2. Bandhan Bank

The current market price of the stock is Rs 214 apiece with 52-week high at Rs 349 apiece and 52-week low at Rs 209 apiece, respectively. It has a market capitalisation of Rs 34,471 crore.

The banking stock has declined 30% in last 1-year. Axis Securities has assigned buy rating to the stock with a target price of Rs 305 apiece.

Buy Bandhan Bank today for gaining return of 42%.

3. G R Infraprojects Ltd

The current market price of the Construction sector stock is Rs 1173 apiece with market capitalisation at Rs 11349 crore. The 52-week high of the stock is Rs 1978 apiece and 52-week low is Rs 1074 apiece, respectively.

The stock has declined 36% in last 1-year. The small cap company was incorporated in 1995. Axis Securities has fixed buy rating to the stock with a target price of Rs 1600 apiece.

Buy G R Infraprojects Ltd today for receiving return of 36%.

4. Asian Paints Ltd

The current market price of Asian Paints is Rs 3102 apiece with 52-week high at Rs 3590 apiece and 52-week low at Rs 2560 apiece, respectively.

The company's marketaliastion as of writing the story is Rs 2,97,471.21 crore. Axis Securities has retained buy rating for the stock with a target price of Rs 3500 apiece.

Buy Asian Paints now to receive a return of 13%.

The large cap stock has given multibagger returns in last 5-years at 167% and 84% return in last 3-years. It has declined nearly 2% in last 1-year. Asian Paints was incorporated in 1945 and operates in Building Materials sector

Disclaimer

The stocks have been picked from the brokerage report of Axis Securities. Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.