Election picks: Bharti Airtel, Texrail among 5 stock recommendations for your portfolio
By Navdeep Singh, ETMarkets.com |
1/6
Play on Polls
Ahead of the 18th Lok Sabha election results, Amar Ambani, Executive Director of YES Securities, suggested several stocks worth buying. These stocks include NTPC, Texmaco Rail & Engineering (Texrail), SBI, and Bharti Airtel, with potential returns of up to 26%."The market is presently in a wait-and-watch mode. A clear mandate would reinforce confidence in India, ensuring policy continuity. Positive FII flows can be anticipated with a clear majority in the election results. After the completion of this mega event, the Indian economy will continue on its growth path; hence, we expect capital markets to be buoyant in the year ahead," said Amar Ambani, Executive Director of YES Securities.
2/6
NTPC
CMP: Rs 359
Target Price: Rs 419
Upside Potential: 17%
Target Price: Rs 419
Upside Potential: 17%
3/6
SBI
CMP: Rs 830
Target Price: Rs 1000
Upside Potential: 20.5%
Target Price: Rs 1000
Upside Potential: 20.5%
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4/6
Bharti Airtel​
CMP: Rs 1372
Target Price: Rs 1680
Upside Potential: 22%
Target Price: Rs 1680
Upside Potential: 22%
5/6
Texrail
CMP: Rs 199
Target Price: Rs 250
Upside Potential: 26%
Target Price: Rs 250
Upside Potential: 26%
6/6
GMR Airports Infrastructure
CMP: Rs 85
Target Price: Rs 100
Upside Potential: 18%
(Disclaimer: The views expressed by experts are their own and do not necessarily reflect those of The Economic Times)
Target Price: Rs 100
Upside Potential: 18%
(Disclaimer: The views expressed by experts are their own and do not necessarily reflect those of The Economic Times)