look news india
Every investor dreams of investing in stocks that give multifold returns, but identifying or isolating such stocks is a big challenge.
Out of the 400 stocks, 54 were selected by five market experts, which are estimated to give returns of 20 per cent to 50 per cent in the next 12 months. Of these, here are 15 stocks selected by the reviewers on which at least ten market experts have given a buy rating. Many of these stocks have become attractive after the recent decline in the market. However, there are some stocks which have gained well this year, yet their return is expected to be more than 20 per cent.
For example, according to 18 analysts who are stock experts, the average target price of DCB Bank is Rs 159 per share. Currently, the stock is trading in the range of Rs 120. The stock has declined by 12 per cent since January 1 and is trading at a PE ratio of six times its earnings. Similarly, 16 analysts who are stock experts expect a 33 per cent increase in the stock price of Lemon Tree Hotels. Which has given a return of minus three per cent so far this year. Of course, experts have revised their estimate on this stock and given a buy rating. After all these observations, the same 15 stocks have been selected by ten experts. It is presented here. Experts believe that a return of more than 20 per cent can be recorded in the next 12 months.
