Stock Investment Tips: BSE Midcap and Smallcap indices are at new all-time highs. Analysts believe that the rally in midcaps and smallcaps will continue. If you are looking to stay invested in the market for the next one year, here are 10 stocks that can fetch you handsome returns. Today the BSE Midcap index touched a new high of 28,215, while the Smallcap index touched 32,190. In the last one year, the Sensex has gained 4 per cent, while the BAE Midcap and Smallcap indices have gained 11 per cent each. Now you should invest in 10 stocks to earn big money.
Sona BLW Precision Forging has a target price of 680. The order book of this company is Rs 21,500 crore. Even when the market declined by 7 percent, this company registered rapid growth. This company has been successful in making an impact in the market.
APL Apollo Tubes has a target price of 1500. The company is a pioneer in the manufacturing of structural steel tubes in India. The company has increased its market share through innovation, branding, distribution. The company currently has 11 manufacturing facilities across India.
BNP Paribas has a buy recommendation on Himatsingka Seed. A target price of Rs 140 has been given for this stock. The company is a home textile player. The improvement in the home textile market in the US will benefit the company. The company is benefiting from the fall in cotton prices.
Another stock to buy is Gabriel India. A target price of 217 has been given for this stock. Gabriel India is the flagship company of the Anand Group and manufactures suspension products for two wheelers and four wheelers.
The stock of Kalyan Jewelers (Kalyan Jewelers India) can be bought with a target of 154. Keep a stop loss of Rs 85 for this stock. If this stock falls, it will have a support price of Rs 100. Bikaji Foods International has a buy recommendation on it with a target price of Rs. 600 would be. This stock should be a buy with a stoploss of 350.
Among other stocks, LKP Securities has a recommendation on Tarsons Products with a target price of ₹770. While the target price for shares of Dreamfolks Services is Rs. 735 would be. Shares of cement maker Dalmia Bharat can be bought with a target of 3188 with a stoploss of Rs 100. 1700 should be kept. Shares of Deepak Nitrite, a company making chemicals related to agriculture, are also likely to benefit. The target price for this stock is Rs. 3174 will remain. Keep a stop loss of Rs 1650 for this stock.
