BNP Paribas Sees More Upside In These 4 Large Cap Stocks In 1 Year, Buy Rating Assigned

BNP Paribas has given buy rating to four stocks for stronger returns. These stocks are Dabur India, Britannia Industries, Jubilant Foodworks, and ITC Ltd. If you buy the stocks now you can expect to receive maximum potential return of 15% in a target period of 1 year. Check key takeaways below:

1. Dabur India Ltd

The brokerage firm has assigned buy rating to Dabur India with a target price of Rs 600 apiece. The last trading price of Dabur India is Rs 531 apiece with an intraday gain of 0.37%. The stock's 52-week high is quoted at Rs 628 apiece and 52-week low is quoted at Rs 482 apiece, respectively.

The company has a market capitalisation of Rs 94,204.66 crore. If you buy the stock now, it can offer you a potential return of 13%. The stock has given a return of 67% in last 5 years and 14% in last 3 years.
The large cap company operates in FMCG Sector and came into existence in 1975.

2. Britannia Industries Ltd

BNP Paribas has assigned buy rating to Britannia Industries with target price of Rs 4210 apiece. The last trading price of the stock is Rs 3768 apiece. If you buy the stock now, you can get a potential return of 12%. The analyst has given a time period of 1 year when the stock will reach its specified target price.

The company has a market capitalisation of Rs 90,768.81 crore. The 52-week high is Rs 3,950 apiece and 52-week low is Rs 3050 apiece, respectively. The large cap company has given a return of 61% in last 5-years and 15% in last 3-years.

For the year ending March 2022 it announced an equity dividend of 5650.00% or Rs 56.5 per share. If the current share price of Rs 3768 is taken into consideration, it results in a dividend yield of 1.5%. The large cap company was incorporated in 1918 and operates in FMCG sector.

3. Jubilant Foodworks Ltd

The brokerage has assigned buy call to Jubilant Foodworks with a target price of Rs 690 apiece. The last trading price of Jubilant is Rs 601 apiece with an intraday gain of 0.87%. If you buy the stock now, it is showing a return potential of 15%.

The stock's 52-week high is quoted at Rs 912 apiece and 52-week low is quoted at Rs 451 apiece, respectively. The company has a market capitalisation of Rs 39,686 crore. The analyst has given a time period of 1 year when the stock will reach its target price.

The stock has given a return of 292% in last 5-years and 121% in last 3 years. The company was incorporated in 1995 and operates in Tourism & Hospitality sector.

4. ITC Ltd

The brokerage house has given buy rating to ITC Ltd with a target price of Rs 375 apiece. The current market price of ITC is Rs 340 apiece with a 52-week high at Rs 349 apiece and 52-week low is Rs 207 apiece, respectively.

The company has a market capitalisation of Rs 4,21,882.06 crore. If you buy the stock now, it can fetch you a potential return of 10%. The analyst has given a time period of 1 year when the stock will reach its target price.

The large cap company operates in Tobacco sector and incorporated in 1910. 

Disclaimer

The stocks have been picked from the brokerage report of BNP Paribas. 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.