The market comes back after a short loss of 2018, this is because of “the hopes of earning growth in FY19” and the trade war between US and China. The Nifty has rallied approx 5% from a low point of last month.
If the quarter four earnings season meets the expectations & the companies deliver the strong growth in the year 2019 the good recovery is possible. It means the investors will have a good opportunity to earn in short time.
Let’s have a good at the 16 stocks which could give up to 36% return.
Phoenix Mills – Target: INR 732, Return 21%
Mindtree – Target: INR 1,000, Return 15%
Shalby – Target: INR 275, Return 26%
South Indian Bank – Target: INR 36, Return 36%
Future Supply Chain Solutions – Target: INR 862, Return 28%
Coromandel International – Target: INR 673, Return 29%
Royal Orchid Hotel – Target: INR 305, Return 30%
DCB Bank – Target: INR 250, Return 27%
Power Grid Corporation – Target: INR 241, Return: 18%
Mahindra & Mahindra – Target: INR 1,005, Return: 25%
ICICI Prudential Life Insurance Company – Target: INR 505, Return: 32%
Kalpataru Power Transmission – Target: INR 549, Return: 14%
Aurobindo Pharma – Target: INR 792, Return 30%
NHPC – Target: INR 37, Return 37%
The Ramco Cements – Target: INR 1,037, Return 25%
Manappuram Finance – Target: INR 151, Return 25%