7 Stocks Showing Return Potential Of Up To 60%, KR Choksey Says Buy

KR Choksey has recommended investors to buy 7 stocks for maximum return up to 39% for Samvat 2079. It is worth noting that Indian stock market managed to outperform the global peers till now this week and continue this trend in the Hindu calendar year of Samvat 2079 amid good quarterly results by several companies.

The brokerage has suggested investors to buy Aarti Industries Ltd, Ami Organics Ltd, Bajaj Finance Ltd, Devyani International Ltd, Hindustan Unilever Ltd, ICICI Bank, and Infosys Ltd.

Company	Potential Return
Aarti Industries Ltd	60%
Ami Organics Ltd	32%
Bajaj Finance Ltd	17%
Devyani International	20%
Hindustan Unilever Ltd	17%
ICICI Bank Ltd	19%
Infosys Ltd	20%

Check key takeaways below:

1. Aarti Industries Ltd

The current market price of Aarti Industries Ltd is Rs 684 apiece with an intraday gain of 0.15%. The stock has a market capitalisation of Rs 24,849 crore. The 5-years return of the stock is 205%.

KR Choksey has given buy rating to Aarti Industries with target price of Rs 1094 and potential return of 60%. The shares have declined 32% in last 1 year. The mid cap company operates in Pharmaceuticals sector.

2. Ami Organics Ltd

The current market price of Ami Organics is Rs 929 apiece with an intraday dip of 0.58%. The company's market capitalisation is Rs 3,385 crore.

The analyst has given buy rating to Ami Organics with target price of Rs 1229 apiece with potential return of 32%. The stock has declined 25% in last 1 year. It operates in Specialty Chemicals sector.

3. Bajaj Finance Ltd

The current market price of Bajaj Finance is Rs 7357 apiece with an intraday dip of 0.28%. The company has a market capitalisation of Rs 4,45,321.55 crore. The 5-years return of the share is 298%.

KR Choksey has assigned buy call to Bajaj Finance with target price of Rs 8630 and a likely return of 17%. The large cap company came into existence in 1987 and operates in NBFC sector.

4. Devyani International Ltd

The current market price of Devyani International is Rs 192 apiece with an intraday day fall of 0.93%. The company has a market capitalisation of Rs 23,185 crore. The shares have given return of 54% in the last 1 year.

The analyst has given buy call to the stock with a target price of Rs 230 apiece and likely return of 20%. The small cap company came into existence in Tourism & Hospitality sector.

5. Hindustan Unilever Ltd

The current market price of Hindustan Unilever Ltd is Rs 2603 apiece with an intraday rise of 0.79%. The company has a market capitalisation of 6,11,598.61 crore.

KR Choksey has given buy rating to the stock with a target price of Rs 3043 apiece and a likely surge of 17%. The shares have jumped 106% in last 5 years. The large cap company operates in FMCG sector.

 

6. ICICI Bank Ltd

The current market price of ICICI Bank is Rs 883 apiece with an intraday decline of 0.95%. The company has a market capitalisation of Rs 6,15,571.75 crore as of writing the story. The 5-years return of ICICI Bank is Rs 242%.

The banking company was incorporated in 1994. KR choksey has recommended investors to buy the stock with target price of Rs 1055 apiece and likely return of 19%.

7. Infosys Ltd

The current market price of Infosys Ltd is Rs 1501 apiece with an intraday gain of 1.13%. It has a market capitalisation of Rs 6,31,952.58 crore. The stock has jumped 224% in the last 5-years.

It operates in IT Software sector. KR choksey has suggested investors to buy the stock with a target price of Rs 1805 and potential return of 20%.

Disclaimer

The stocks have been picked from the brokerage report of KR Choksey Research. 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.