Arvind Smart Spaces is included in this list where investors can get returns of up to 46 percent from the current market price. Currently this stock is at the level of 344 and its target price is Rs. 502 is provided. The stock will benefit from a strong rally in the residential realty market.
Experts also have a bullish view for Eureka Forbes shares. The stock is currently trading at Rs 497 and has a target price of Rs. 700 is given. ICICI Securities has given a Buy rating for this stock. This stock can give 41 percent return compared to its market price.
A target price of Rs 930 is given for the shares of Stove Craft. The current price of this stock is Rs. 567 and it can go up to 65 percent from here. The demand outlook for this company is positive. The company’s margins will improve as commodity prices soften.
Another stock to buy is Nexus Select Trust. The current market price of this company is Rs. 128 and its target price is Rs. 145 is given. That means this share can increase by 13 percent from the current level. Currently, due to the increase in urban construction, this stock will benefit.
JM Financial has also given a buy rating to Phoenix Mills. The current price of this share is Rs. 1773 and is given a target price of 2010. That means this share can increase by 13 percent from the current market price. Phoenix is a very well managed company and will see solid growth in its retail portfolio.
Nuwama gave a buy rating to the shares of CDSL at Rs. A target price of 1620 has been given. The stock is currently trading at 1320. That means it can increase by 23 percent from the current level. The stock of Dabur India is currently trading at Rs 551 and has a target price of Rs 650. That means this share can increase by 18 percent from here.