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There is a fall in the stock market. Nifty has come
down from 10250 levels. There is a possibility of further pressure on the
domestic level due to worsening the sentiment of government banks, weak global
market sentiment, rising crude prices and pressure in rupee. At the same
time, the Nifty has broken support level of 10276, which has further threatened
further correction in the market. Experts are advising to stay vigilant
about investment. In such a way, the best way to make a portfolio is to
invest in cheap stocks with good fundamentals. We have selected 5 such
shares for you, which can get returns up to 133%.
Lower the
chances of risk
Experts say that lower risk of high volatility in
cheap stocks reduces risk. At the same time, if their fundamentals are
good then any positive triggers can show good growth. With the stock being
cheaper, this option also happens to be invested in more than one stock, rather
than putting the entire amount in one stock, this reduces the risk. In
this case, there can be a better way of investing. With the lowering of
the base price, the impact of the slight increase in these stocks also looks
quite aggressive. From this, centiments are positive for stocks. It
also gives investors the benefit.
What stocks
invest in
Tata Power
Tata Power works in the private sector to produce and
distribute electricity. Recently, the CERC has approved the company to
increase the tariff, which is a positive for the company. Tata Power has
identified its non core business and is now the company's focus on core
business. Brokerage house Axis Direct has set a target of Rs 136 a
share. For the current price of 79, the share can get 72 percent
returns.
Vascon Engineers
Vascon Engineers Limited is Engineering, Procurement,
Construction Services and Real Estate Development Company, ZICA Operation is in
many states. The company's quarterly results have been better due to the
growth in real estate business. The company's order book is strong and
there are also some new orders in the pipeline. The company is focusing on
its real estate business, in which a good demand is expected to come forward. At
present, brokerage house Kotak Securities has set a target of Rs 57. For
the current price of 34 rupees, the share can get 68 percent return.
Power Finance Corp.
Power Finance Corporation Infrastructure Finance Company,
which is the financial backbone of Power Sector. Company's quarterly
results were not better However, now the focus of management is to improve
the asset quality of the company. The valuation of the stock is
cheap. Brokerage house Axis Direct has set a target of Rs 135 for the stock. For
the current price of 92 rupees, the stock can get 47 percent returns.
Adlabs
Entertainment Media and Entertainment Company
The company offers holiday destinations, where there are
many means of entertainment such as theme parks and water parks. The
company's performance was mixed in the last quarter. The company has taken
several measures of cast cutting in the past, thereby improving
margins. The extra land the company is going to monetize, which will
increase the revenue of the company. The summer is expected to grow in the
summer season. Brokerage house SPA Securities has fixed the target of the
stock at Rs. 119. In terms of current price 51, the share can get 133%
returns.
Marconsons
Pharma
Marcans Pharma is the Indian Pharma Company, whose products
are exported to many countries of the world. The company's manufacturing
quality is world class. The results of the company's third quarter have
been better. The company's US business is improving. The company
holds good on the Indian market. Some new products are also going to be
approved, which will have the advantage. Brokerage house Centrum has set a
target of Rs 55 for the stock. For the current price of Rs 35, there is a
57 per cent return in the share price.
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thnks for sharing..stock market tips
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