Market experts have advised investing in Bharat Forge and RBL Bank. According to the report, investment in these stocks can yield returns of more than 20 percent.
There is a sharp rise in the stock market and the indices have reached new record levels. In this boom, investors have earned a lot in many stocks and the boom is such that in the last 11 sessions, the total market cap of companies listed on BSE has increased by Rs 14 lakh crore. In such a situation, the question arises whether there are still investment opportunities left at the upper levels. Market experts have advised to invest in two such stocks where investors can still get high returns. Know about these stocks
Sharekhan has estimated a growth of 22 percent in Bharat Forge. This estimate has been given in the research report at the market price of Rs 1075. The stock is currently at the level of 1134. The report said that the stock can be rerated with increased focus on high margin automotive engineering business. Expectations of turnaround of overseas subsidiary at EBITDA level, better signals from the domestic market, strong order book in the defense export market have made the outlook towards the company positive.
Centrum, in its report presented on September 14, has advised investment in RBL Bank. A target of Rs 331 has been given for the stock in the report. The stock is currently at the level of 233. That means the stock is expected to rise by 42 percent from here. It has been said in the report that changes have been seen in the management of the bank. The performance of the bank has improved under the new leadership. Apart from this, the bank has also expanded new products which will be beneficial in future.