As we all are stepped into FY19, we all are thinking about investing money to buy stocks which could give handsome return within a year. The stock market has been moving upwards gradually after the sharp correction done recently. After the sharp fall in February – March 2018, the pullback increases the expectation of investors.
Here we have listed the 8 stocks which may report nearly doubling of their net profit on a YoY (Year-on-Year) basis. Stocks with probable net profit likely to hike Year-on-Year below:
Equitas Holdings Ltd – Net profit: 280%
Havells India Ltd – Net profit: 116%
Ipca Laboratories Ltd – Net profit: 209%
Zensar Technologies Ltd – Net profit: 562%
Navneet Education Ltd – Net profit: 131%
Jubilant FoodWorks Ltd – Net profit: 313%
Bharat Financial Inclusion – Net profit: 180%
Delta Corp Ltd – Net profit: 286%
Info Edge Ltd – Net profit: 105%
Here we have listed other 4 stocks which can give up to 23% return:
Equitas Holdings – Target: Rs 191, Return – 23%
Mahindra & Mahindra – Target: Rs 960, Return – 22%
Capacite Infraprojects – Target: Rs 400, Return – 20%
Quess Corp – Target: Rs 1,200, Return – 15%
The above stocks are listed based on the current market data and history. Consult with your experts first and then make any decision.