New Delhi: Dussehra festival symbolizes the victory of good over evil. Dussehra festival is also seen as a new beginning. Usually, stock market investors make changes in their portfolios by setting their big investment targets on Dussehra.
If you are also an investor in the stock market and are thinking of adding good stocks to your portfolio from this Dussehra, then today we will give you information about 7 stocks suggested by Stocksbox which can give a return of up to 12 percent.
coforge share
The first share in this list is of Coforge Company. The current market price of the share is Rs 7383. The current market price of the share is given as Rs 7905, while the target price of Rs 7025 has been given as a security. Overall, the share has a possibility of 7 percent from the current market price.
hdfc bank shares
Stoxbox has set a big target price of 1725 on the banking sector stock HDFC Bank, while a stop loss of Rs 1586 has been given as a safety measure. The current market price of the share is Rs 1650. HDFC Bank stock is expected to rise by 5 percent.
HDFC Bank has further improved its productivity. Apart from this, the bank has increased its deposits per branch, reduced high-cost borrowing, and increased liquidity further.
LTI Mindtree Share
The current market price of IT sector stock LTI Mindtree is Rs 6412. The target price of the stock is Rs 6925, while the stop loss is Rs 6143. Overall, the stock is expected to rise by 8 percent.
LTI Mindtree Company seems to be in a good position in Artificial Intelligence, which will support the company with multi-year contracts and client growth from sectors like financial and energy.
Mahindra & Mahindra Shares
Mahindra & Mahindra Company's stock is recommended to buy. The current market price of the stock is Rs 3135. The target price of the stock is Rs 3400, while the stop loss is Rs 2995. Overall, the stock is expected to rise by 8%.
Mahindra & Mahindra Company is planning to invest around Rs 12,000 crore in its electric vehicle expansion in the next 3 years.
Paytm Shares
There is also a suggestion to buy Paytm stock. Overall, the stock is expected to rise by 12 percent. The target price of the stock is Rs 811, while the stop loss is Rs 701. The current market price of the stock is Rs 724. It is expected that in the second quarter of the financial year 2025, Paytm Company's revenue and profitability may improve more than before due to GMV growth, increased merchant base, and cost optimization.
Siemens Shares
Buying is recommended on Siemens stock. The current market price of the stock is Rs 7748. The target price given on the stock is Rs 8292 while the stop loss is given at Rs 7292. The stock is expected to rise by 7%.
Indian Hotels Company shares
There is also a suggestion to buy Indian Hotels Company stock. The target price of this stock is Rs 749, while the stop loss is given as Rs 662. The current market price of the stock is Rs 709. Overall, the stock is expected to rise by about 6 percent.
Let us tell you that this is a Tata Group that operates about 310 hotels across the country. It is estimated that between the financial year 2024–27, India's hospitality market can grow at a CAGR of 10 to 11 percent. This company will also benefit from this.
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