Stocks To Buy, Bumper Earning Opportunity… Buy Tata, Reliance’s Heavyweight Shares at Discounts, Learn Details – reliance industries to tata consumer these 14 popular shares are trading at 52-week lows which stock to buy
Popular stocks like Reliance Industries, Page Industries, Cipla, Laurus Labs, Gland Pharma, Biocon, Crompton Greaves Consumer Electricals, Muthoot Finance, Motelwal OS Financial Services, Relaxo Footwear, IPCA Laboratories, Gillette India, Bayer CropScience and Tata Consumer hit 52-week lows, according to market data. levels have fallen. However, market experts are of the opinion that investors can consider this quality stock available at an affordable price. Several factors, including rising inflation, continued outflows from foreign institutional investors (FIIs) and the recent financial crisis at Silicon Valley Bank, have influenced stock market sentiment.
Bumper earning opportunity in Reliance
Shares of Reliance Industries, the country’s most valuable company, closed down 0.37 percent at Rs 2,276.50 on Tuesday, after the stock fell to a 52-week low of Rs 2,269.65 during the day. In such a situation, many large stocks are now available for purchase at cheap prices, and with this, midcap stocks are expected to rise further. G Chokkalingam, founder of Economics Research and Advisory, says of Reliance stock that the stock is expected to remain bullish for the next four years. He said, Reliance is emerging as a small economy. The company can unlock value in telecom, retail and renewable energy segments. Due to this, this stock can continue to give good returns to the investors in the next four years.
Similarly, Crompton Greaves Consumer Electricals is expected to rise to Rs 363 while the stock closed at Rs 288.60 on Tuesday. 16 stocks included in the Nifty 50 are currently trading above their long-term moving averages. These include ITC, L&T, Mahindra & Mahindra, Axis Bank, Sun Farm, and NTPC and if these shares fall, investors should consider buying the stock, according to experts.
(Note : The recommendations, suggestions, opinions and opinions given by the experts are their own and not those of MaTa. The information given here is only about stock performance and should not be considered as investment advice. Investing in stock market is subject to risk. Therefore, consult your advisor before investing. take it.)