The Earning Season continues for the December quarter. The
results of many companies in the first phase of the season have been better
than the estimates. Infosys, TCS, IndusInd Bank, South Indian Bank, ITC,
HUL, Karnataka Bank and PC Jewelers have shown better results. Outlook has
become better for some companies with recovery in Earning. Experts and
brokerage houses have trusted the stocks of such a few companies and advised
them to invest in them. We are giving information of 5 such stocks here,
in which there is an estimated return of returns.
Which
stocks can get good returns
The results of the South Indian Bank South Indian Bank have been better than the estimates. The
loan growth of the bank has been strong and asset quality remains good. The
bank is focusing on strengthening its balance sheet by focusing on the Rital
Segment. During the third quarter, South Indian Bank's Gross NPA decreased
from 3.57 per cent to 3.4 per cent and net NPA decreased from 2.57 per cent to
2.35 per cent. This is a better sign. Both the income and profits of
the bank have increased. Brokerage house idelvis has set a target of Rs 44
in the stock. In the current price of 32 rupees, the share can get 38
percent returns.
According to Infosys Experts, there has been stability at the level of management
in the company, which was a concurrence. The results of Infosys have been
better than expected. In the third quarter, the company's profits
increased 38 percent. Revenue has also been positive and the company's
guidance is also stable. Global level IT sector is recovering. For
the future, the company is expected to have strong BFSI, retail and digital
business. Brokerage house Motilal Oswal has set a target of Rs 1,250 and
idlive 1250. The share price is expected to return 11 per cent in the
current price of 1143 rupees.
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