4 Private Banking Stocks To Buy For Upto 28% Upside: Motilal Oswal Suggests

Indian stock markets closed marginally up today, on September 19, the Nifty closed at 17,622.25 points. Here 4 top private bank stocks have been discussed, Motilal Oswal has given buy rating to these stocks, check details.

ICICI Bank

The Current Market Price (CMP) of ICICI Bank is Rs. 909. Motilal Oswal has estimated a Target Price for the stock at Rs. 1050. This stock has the potential to give 16% return, in the upcoming 1 year.

In the past 6 months it has gained 26.91%, and in last 1 year its share price has gained by 27.04%. Its 52-week high range is Rs. 936.65, and 52-week low range is Rs. 642.15. It is a large-cap stock with a market capitalization of around Rs. 626,368 crore.

HDFC Bank

The Current Market Price (CMP) of HDFC Bank is Rs. 1493. Motilal Oswal has estimated a Target Price for the stock at Rs. 1800. This stock has the potential to give 21% return, in the upcoming 1 year.

In the past 6 months it has gained 1.19%, and in last 1 year its share price has fallen by 3.56%. Its 52-week high range is Rs. 1,725, and 52-week low range is Rs. 1,271.60. It is a large-cap stock with a market capitalization of around Rs. 836,472 crore.

Equitas Holdings Ltd.

The Current Market Price (CMP) of Equitas Hold. is Rs. 102. Motilal Oswal has estimated a Target Price for the stock at Rs. 130. This stock has the potential to give 28% return, in the upcoming 1 year.

In the past 6 months it has fallen 4.26%, and in last 1 year its share price has fallen by 14.34%. Its 52-week high range is Rs. 145, and 52-week low range is Rs. 75. It is a small-cap stock with a market capitalization of around Rs. 3,489 crore.

RBL Bank

The Current Market Price (CMP) of RBL Bank is Rs. 124. Motilal Oswal has estimated a Target Price for the stock at Rs. 150. This stock has the potential to give 21% return, in the upcoming 1 year.

In the past 6 months it has fallen 6.68%, and in last 1 year its share price has fallen by 28.51%. Its 52-week high range is Rs. 221.30, and 52-week low range is Rs. 74.15. It is a mid-cap stock with a market capitalization of around Rs. 7,463 crore.

 

Disclaimer

The above stock was picked from the brokerage report of Motilal Oswal. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, the author, and the brokerage house are not liable for any losses caused as a result of decisions based on the article.