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Invest In 2 Mid Cap Stocks To Receive Up To 67% Return As Suggested By Motilal Oswal
Motilal Oswal has recommended investors to buy 2 mid cap stocks showing maximum return potential of 67%. These two stocks are V-Mart Retail Ltd and Quess Corp Ltd. Motilal Oswal has assigned buy call to Quess Corp Ltd with a target price of Rs 750 apiece. The analyst has assigned buy rating to V-Mart Retail with a target price of Rs 3950 apiece. Check key details below:
1. Buy Quess Corp Ltd
Motilal Oswal has suggested investors to buy Quess Corp. If you buy the stock at the current market price of Rs 447 apiece, you can get potential 67% return. The stock's 52-week high is Rs 886 apiece and 52-week low is Rs 420 apiece. The mid cap stock has a market capitalisation of Rs 6634 crore.
The stock has fallen 52% in last 5-years and 47% in last 1-year. It has gained nearly 3% in last 1-week. The stock operates in Services sector. The company for the quarter ended September 30, 2022 declared a consolidated total income of Rs 4282 crore, up 7% from last quarter total income of Rs 3986 crore.
It provides a host of technology enabled staffing and managed outsourcing services across processes such as sales & marketing, customer care, after sales service, back office operations, manufacturing operations, facilities and security management, HR & F&A operations, IT & mobility services, etc.
2. Buy V-Mart Retail
The analyst is bullish on V-Mart Retail and suggested investors to buy V-Mart with a target price of Rs 3950 apiece. The current market price of the stock is Rs 2795 apiece.
If you buy V-Mart now, you can get potential 41% return. The company has a market capitalisation of Rs 5526 crore. The stock has given 105% return in last 5-years, 64% return in last 3-years, and declined 25% in last 1-year.
It operates in Retail sector and for the quarter ended September 30, 2022 declared a consolidated total income of Rs 508 crore, down 14% from last quarter total income of Rs 591 crore.
V-Mart is a complete family fashion store that offers customers vast range of products under one roof. It operates in tier II & tier III cities with the chain of "Value Retail" departmental stores.
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.
