Tap to Read ➤

2 Largecap Stocks To Buy For Upto 28% Return: Motilal Oswal Suggests

Motilal Oswal is a reputed brokerage firm that suggests stocks for investors. On June 13, the Indian stock markets have seen a sharp fall, and buying these two stocks can offer you high short-term returns.
Muthoot Finance (MUTH)
Muthoot's current market price is Rs. 1062, Motilal Oswal estimated a target price of Rs. 1220, for 15% return. Its market capitalization (large cap) is Rs. 41,731 crore.
Financial performance
In Q4FY22, the company's total income stood at Rs. 2,66,988 lakh, PBT quoted at Rs. 1,29,178 lakh, and its net profits stood at Rs. 96,027 lakh, as per NSE data.
Motilal Oswal thinks
MUTH to deliver a standalone AUM growth of ~8%/13% in FY23/FY24. Stock valuation reflects concerns on tepid gold loan growth and impact on margins and profitability.
Trent Ltd.
Trent's current market price is Rs. 1,114, Motilal Oswal estimated a target price of Rs. 1,430, for 28% return. Its market capitalization (large cap) is Rs. 39,101 crore.
Financial performance
In Q4FY22, this Tata group company's total income stood at Rs. 1,18,526 lakh, PBT quoted at Rs. 9,472 lakh, and its net profits stood at Rs. 7,487 lakh, as per NSE data.
Motilal Oswal thinks
Despite Covid challenges, Trent’s standalone revenue/PAT reported encouraging CAGR of 11%/27% over FY20 to reach Rs. 39b/Rs. 2.5b, far the best among peers.