These 6 stocks including Laxmi Dental, Raymond and Polycab will make money rain, why these 6 stocks are the first choice of brokerage, know..
Almost every investor who invests in the stock market keeps an eye on the reports of brokerage houses. Brokerages give their opinion after deeply analyzing all aspects of a company, including its fundamentals, plans, share valuation, etc. Today, we will tell you about some such stocks on which brokerage houses are most bullish. Brokerage houses have predicted a profit of up to 75 percent from these stocks in the coming time.
The stocks in which Motilal Oswal, JM Financials, and Antique Broking have advised to invest include names like Lakshmi Dental, Vishal Mega Mart, Polycab India, KEI Industries, RR Cable, and Raymond. Let us know why brokerages are bullish on these, and what the target price is for these stocks.
How much profit will Lakshmi Dental share give?
Motilal Oswal Financial Services has given a 'Buy' rating to the Lakshmi Dental share. The brokerage has set the target price of the share at ₹ 540, which is 26% above Friday's closing price. The brokerage says that if the company continues on the bullish track, its target can reach ₹ 750, that is, investors can get a profit of up to 75%. This stock has increased by 12% in the last week.
What is the target price of the Vishal Mega Mart share?
Motilal Oswal has also started coverage on the recently listed Vishal Mega Mart. The company has also given it a 'buy' rating and fixed its target price at ₹ 165. This stock is already trending 75% above its IPO price of ₹ 78. If the stock continues on a bullish trend, it can go up to ₹210, i.e., there is a possibility of a further rise of 55%.
JM Financial's opinion
JM Financial has initiated coverage on three major companies in the wire and cable sector - Polycab India, KEI Industries, and RR Cable. The brokerage believes that this sector will remain on a strong growth trend in the coming times. According to the brokerage, Polycab India is expected to rise by 18%. KEI Industries stock can jump 25% from its current price, and RR Cable can also see a rise of up to 23%.
Raymond Share Outlook
Antique Stock Broking has given a 'buy' rating to the Raymond Limited share. The brokerage has set the target of Raymond shares at ₹900, which is about 30% above the current level. According to brokerage reports, Raymond's revenue, EBITDA and profit may grow at an annual rate of 16%, 38% and 55% respectively. The company's operating margins may reach 12.2% in FY26, 14.9% in FY27 and 15.3% in FY28.
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