Buy Top Stocks For Return, Dividend Income Of 1400%: Sharekhan by BNP Paribas

Sharekhan by BNP Paribas has assigned buy call to 4 stocks that are showing potential to soar. One of these stocks namely Bajaj Auto approved/recommended a dividend of Rs 140 per share on April 25, 2023. If you buy these stocks now, you can get dividend income as well as attractive return. These stocks are Shriram Finance, Indian Hotels Company, Delta Corp, and Bajaj Auto. Check details pertaining to these stocks below:

1. Buy Bajaj Auto: The current market price of Bajaj Auto is Rs 4305.15 per share. Sharekhan by BNP Paribas has assigned buy call to Bajaj Auto with target price of Rs 4782 per share. If you buy Bajaj Auto share, you can fetch potential return of 11%. Board of members of the company, as mentioned earlier, recommended dividend of Rs 140 per share. The stock gave return of 10% in last 1-year, 15% in last 2-years, and 75% in last 3-years. The large cap auto stock has a market capitalisation of Rs 1,21,748.06 crore. Its 52-week high price is Rs 4375.00 per share and 52-week low price is Rs 3461.30 per share, respectively.

2. Buy Shriram Finance: Sharekhan has recommended buy rating to Shriram Finance with target price of Rs 1500 per share. Current market price of Shriram Finance is Rs 1396.10 per share with intraday fall of 2.48%. If you buy Shriram Finance share now, you can obtain likely return of 7%. The stock's 52-week high price is Rs 1509.25 per share and 52-week low price is Rs 1047.70 per share, respectively. The company's market capitalisation is Rs 52,273.79 crore.

3. Buy Indian Hotels Company Ltd: Current market price of the stock is Rs 342.85 per share. Sharekhan by BNP Paribas has suggested investors to buy Indian Hotels Company share with target price of Rs 360 per share. If you buy Indian Hotels Company share now, you can fetch likely gain of 5%. The stock's 52-week high price is Rs 348.70 per share and 52-week low price is Rs 207.25 per share, respectively. Its market capitalisation is Rs 48,662.92 crore. The stock gave 47% return in last 1-year, 217% return in last 2-years, and 364% return in last 3-years.

4. Buy Delta Corp: The analyst has given buy call to Delta Corp Ltd with target price of Rs 208 per share. Current market price of the stock is Rs 199.75 per share. If you buy Delta Corp share, you will be able to gain a return of 5%. Sharekhan by BNP Paribas has recommended to keep the stop loss at Rs 194 per share. The stock fell 26% in last 1-year, gave return of 23% in last 2-years, and 195% return in last
3-years.

Disclaimer: The stocks have been picked from the brokerage report of Sharekhan by 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.