Buy 5 Mid Cap Stocks As Recommended By Motilal Oswal For Return Up To 51%

Motilal Oswal has recommended investors to buy 5 mid cap stocks from Real Estate sector. These stocks are Phoenix Mills, Prestige Estates, Brigade Enterprises Ltd, Mahindra Lifespace Developers Ltd, and Sobha Limited. If you buy these mid cap stocks now, you can expect to receive a return of up to 51%. Check details pertaining to these stocks below:

1. Buy Phoenix Mills: Motilal Oswal has suggested investors to buy Phoenix Mills share with target price of Rs 1700 apiece. Current market price of Phoenix Mills stock is Rs 1351.90 apiece with intraday rally of 1.46%. If you buy Phoenix Mills stock now, you can get potential return of 26%. The mid cap stock has a market capitalisation of Rs 24,146.14 crore. The stock's 52-week high price is Rs 1620.00 apiece and 52-week low price is Rs 954.75 apiece, respectively. It rallied 32.67% in last 1-year, gave return of 89.94% in last 2-years, and 154.09% return in last 3-years.

2. Buy Brigade Enterprises Ltd: Buy Brigade Enterprises Ltd share with target price of Rs 720 apiece as suggested by Motilal Oswal. Current market price on BSE is 498.50 per share. If you buy Brigade Enterprises Ltd stock today at current market price, you can fetch likely return of 45%. The stock gave return of 1.88% in last 1-year, 97% in last 2-years, and 276% return in last 3-years. The mid cap real estate sector stock has a market capitalisation of Rs 11,501.97 crore. Its 52-week high price is quoted at Rs 585.00 apiece and 52-week low price is quoted at Rs 385.25 per share on BSE.

3. Buy Mahindra Lifespace Developers Ltd: Buy Mahindra Lifespace Developers Ltd share with a target price of Rs 550 apiece according to Motilal Oswal. Current market price of Mahindra Lifespace on BSE is Rs 365.75 apiece. If you buy Mahindra Lifespace stock now, you can obtain potential upside of 51%. The company's market capitalisation is Rs 5,656.18 crore. Its 52-week high price is Rs 554.55 apiece and 52-week low price is Rs 309.10 apiece, respectively. The stock fell 1.72% in last 1-year, gave return of 125% in last 2-years, and return of 442% in last 3-years.

4. Buy Prestige Estates: Motilal Oswal has assigned buy call to Prestige Estates with target price of Rs 675 apiece. Current market price of Prestige Estates is Rs 450.10 apiece. If you buy Prestige Estates share now, you can get a return of up to 50%. The stock has given return of 10% in last 2-weeks, declined 6% in last 1-year, offered return of 52% in last 2-years, and 148% return in last 3-years. Its market capitalisation is Rs 18,042.78 crore. The stock's 52-week high price is Rs 511.30 apiece and 52-week low price is Rs 375.00 apiece, respectively.

5. Buy Sobha Limited: The analyst has given buy call to Sobha Limited stock with target price of Rs 700 per share. Current market price of Sobha is Rs 466.90 per share on BSE. If you buy Sobha Limited share now, you can gain 50% likely return. The stock witnessed a dip of 30% in last 1-year, another decline of 7% in last 2-years, and offered 118% return in last 3-years. Its market capitalisation is Rs 4,431.20 crore. Its 52-week high price is Rs 750.00 apiece and 52-week low price is Rs 412.40 apiece, respectively.

Disclaimer: The stocks have been picked from the brokerage report of Motilal Oswal. 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.