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Motilal Oswal Dec 5 Picks: 5 Stocks That Can Rally Up To 67%, Buy
Brokerage firm Motilal Oswal, in its latest report, has recommended investors to buy 5 stocks that has the potential to fetch up to 67% potential return. These stocks are Coal India, Macrotech Developers, Jubilant Foodworks, Indostar Capital Finance Ltd, and Tata Chemicals.
According to the analyst, "major global markets end higher in Nov'22; India continues to outperform YTD'22. Indian sectoral indices outperform the US counterparts by a wide margin. FIIs continue to be net buyers for the second consecutive month in Nov'22 at USD4.7b, after an inflow of USD1b in Oct'22. Check key takeaways below:
| Name of company | Potential return |
|---|---|
| Indostar Capital Finance Ltd | 67% |
| Macrotech Developers | 44% |
| Coal India | 42% |
| Jubilant Foodworks | 34% |
| Tata Chemicals | 18% |
1. Buy Indostar Capital Finance Ltd
Motilal Oswal has assigned buy rating to Indo Star with a target price of Rs 257 apiece. If you buy Indostar at the current market price of Rs 154 apiece, it can give potential 67% return. The small cap NBFC sector stock has the market capitalisation of Rs 1914 crore. It has declined 38% in 1-year and 73% in last 5-year.
The stock's 52-week high is Rs 295 and 52-week low is Rs 116 apiece, respectively. The company was incorporated in 2009.
2. Buy Macrotech Developers
The Real Estate sector stock is yet another preferred pick of the analyst with good return potential. The current market price of the stock is Rs 1066 apiece with an intraday surge of 1.60%.
The company has a market capitalisation of Rs 51,358 crore. It has given maximum 130% return in last 5-years. Motilal Oswal has recommended investors to buy Macrotech Developers with a target price of Rs 1530 apiece. The stock can fetch you maximum potential return of 44%.
3. Buy Coal India
The current market price of the Maharatna status stock is Rs 229 apiece with an intraday gain of 1.17%. Motilal Oswal has suggested investors to buy Coal India Ltd with a target price of Rs 325 apiece.
If you buy the stock today, you can get maximum 42% return. The large cap company has a market capitlisation of Rs 1,41,188.11. The stock's 52-week high is Rs 263 apiece and 52-week low is Rs 139 apiece, respectively. The company operates in mining sector and has given maximum 43% return in 1-year.
3. Buy Jubilant Foodworks Ltd
The current market price of the stock is Rs 551 apiece with an intraday surge of 0.74%. Motilal Oswal has recommended investors to buy Jubilant Foodworks Ltd with a target price of Rs 740 apiece.
You can get potential return of 34% if you buy Jubilant today. The stock operates in Tourism & Hospitality sector and has given maximum 216% return in last 5-years. It has a market capitalisation of Rs 36,400 crore.
5. Buy Tata Chemicals
The current market price of the stock is Rs 1056 apiece with an intraday gain of 1.65%. The company has a market capitalisation of Rs 26,915 crore.
Its 52-week high is Rs 1214 apiece and 52-week low is Rs 773 apiece. The Tata Group stock has given maximum 59% return in last 3-years.
Motilal Oswal has assigned buy tag to the stock with a target price of Rs 1250. If you buy Tata Chemicals today, you are set to receive 18% potential upside.
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.
