September 21, 2024

share market, invest in ‘these’ stocks that give bumper returns in volatile markets, advice from veteran brokerages – stock market investment tata motors gail india these shares will give you bumper return


Mumbai : Domestic stock markets got off to a strong start on Mahanavami on strong cues from global markets. Sensex rose above 1000 points in early trade on strong buying across sectors. At the same time Nifty went past 17100. Meanwhile, it is wise to invest carefully in this volatile market. Global brokerage houses have provided their advice on some quality stocks. It includes five shares namely Tata Motor, Eicher Motors, IDFC First, GAIL India and Petronet LNG.

The stock market boomed; Sensex gained more than 1000 points, Nifty 17200 par
Tata Motors

Global brokerage Nomura has given Tata Motor a buy rating. The target price per share for return after investment is Rs.520. Macquarie has given Tata Motors an Outperform rating with a target of Rs 503. At the same time, Credit Suisse has maintained a neutral view on Tata Motors and has set a target of Rs 425. On 3 October 2022, the share price closed at Rs 398.

Eicher Motors
Brokerage house Credit Suisse has rated Outperform on Eicher Motors. The target price per share has been fixed at Rs 4230 for post-investment returns. Macquarie has also maintained its outperform rating on Eicher Motors. 3533 has been set as a target. 3 October 20
The share price closed at Rs 3464 on

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IDFC First
Brokerage Morgan Stanley has issued a sell recommendation for IDFC First with an underweight rating. For this, the target price per share has been given at Rs. On October 3, 2022, the share price closed at Rs.49.

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GAIL India
Global brokerage Macquarie has given an Outperform rating on GAIL India. The target price per share has been set at Rs 140. Also, Nomura has maintained a neutral rating on GAIL India with a target of 155. On October 3, 2022, the share price closed at Rs.85.

Petronet LNG
Global brokerage Macquarie has given an outperform rating on Petronet LNG. The target price per share is Rs 330. On 3 October 2022, the share price closed at Rs.199.



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