Stocks To Buy, Sept 21: PL Recommends Tata Group, PSU Stocks As Shares Likely To Soar

Leading brokerage firm Prabhudas Lilladher on Thursday recommended investors to buy 2 stocks that offered multibagger returns to investors. These two stocks are Indian Hotels and public sector undertaking Container Corporation Of India Ltd. Indian Hotels shares offered fell 1.15% today and offered return of 159% in last 2-years. Container Corporation shares soared 25% in last 6-months. Check details below:

1. Buy Indian Hotels Shares: Current market price of the large cap Tata group hotel stock is Rs 412.90 per share with intraday fall of 1.20% at the time of writing the story. The analyst has assigned buy call with a target price of Rs 435 apiece and urged to keep the stop loss at Rs 415 apiece.

Its 52-week high price is Rs 436.25 per share and 52-week low price is Rs 280.20 per share, respectively. Its market cap is Rs 58,648.33 crore. Indian Hotels stock rallied 30% in last 6-months, gained 27% in last 1-year, soared 159% in last 2-years, and offered 345% return in last 2-years. Indian Hotels share surged 236% in last 5-years.

A total of 65,675 shares of the company changed hands till 11:04 am amounting to a turnover of Rs 2.49 crore

2. Buy Container Corporation Of India Shares: Current market price of Container Corporation Of India share is Rs 741.10 per share with marginal intraday fall of 0.08% on September 21. PL has assigned a target price of Rs 760 per share and recommended to keep the stop loss at Rs 735 per share. Its 52-week high price is Rs 828.50 per share and 52-week low price is Rs 555.00 per share, respectively. The company has a market capitalisation of Rs 45,148.71 crore. Container Corporation shares gained 14% in last 3-months, fell 0.07% in last 1-year, and offered 95% return in last 3-years.

Earlier, the PSU Navratna company paid three interim dividends totaling to 180% (Rs.9/- per share) on equity share of Rs.5/- each during the year. It also recommended a final dividend of 40% (Rs.2/- per share). The ex-dividend date was September 18, 2023. The company's total dividend payment in FY 2022-23 was approximately Rs.670.22 Crores which is 57.33% of the net profit for the year.

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.