PL Picks Tata Group Stock To Buy, Engineering Stock To Accumulate For Higher Return

Prabhudas Lilladher has recommended investors to buy Tata Group stock, Titan Company Ltd to buy and Engineering sector stock, ABB India Ltd to accumulate for higher return. If you buy and accumulate both the stocks now, you can get potential return of 22%. Check details below:

1. Buy Titan Company Ltd

Prabhudas Lilladher has suggested investors to buy Titan Company Ltd with a target price of Rs 2905 apiece. Current market price of Titan is Rs 2382.20 apiece on BSE. If you buy Titan Company Ltd now, you can get potential return of 22%.

The stock's 52-week high is Rs 2790.00 apiece and 52-week low is Rs 1827.15 apiece, respectively. The company has a market capitalisation of Rs 2,11,488.42 crore. The Gems & Jewellery sector stock declined 6% in last 1-year, gave 64% return in last 2-years, and 89% return in last 3-years. In last 5-years, it
rallied 194%.

The company for the quarter ended December 31, 2022 announced a consolidated total income of Rs 11698.00 crore, up 26.82 % from last quarter Total Income of Rs 9224.00 crore.

2. Accumulate ABB India Ltd

Prabhudas Lilladher has recommended investors to accumulate ABB India Ltd with a target price of Rs 3371 apiece. Current market price of the stock is Rs 3312.30 on BSE with intraday gain of 3%.

The company has a market capitalisation of Rs 70,190.41 crore. The stock's 52-week high is Rs 3445.65 apiece and 52-week low is Rs 1944.60 apiece, respectively. The Engineering sector stock rallied 10% in last 3-months, declined 2% in last 6-months, and gave a return of 53% in last 1-year.

It soared 179% in last 3-years.

The large cap stock for the quarter ended June 30, 2022 declared a consolidated total income of Rs 2123.15 crore, up 5.50% from last quarter total income of Rs 2,012.46 crore.

Disclaimer

The stocks have been picked from the brokerage report of Prabhudas Lilladher. 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.