Stock Market News and Tips: 4 stocks, returns given up to 50% in 12 months

What Stocks Invest In to get 50% return

Power pump

In the first quarter of the fiscal year 2019, the company's profit increased 32.8 percent to Rs 6.64 crore. At the same time, revenues were worth Rs 96 crore on an annual basis. Brokerage house Arihant Capital has given a target of Rs. 651 in the stock. Current price can get 51% returns in the stock.

Stock Market News and Tips

Swaraj engine

Swaraj engine is a company producing tractor engines. In the first quarter of the fiscal year 2019, the company's profit increased by 7.26 percent to Rs 23.06 crore. The company's profit in the same period last year was Rs 21.50 crore. During this period, the company's total income grew by 6.89 percent to Rs 238.37 crore. The company will benefit from the increase in the demand of the contractors for the cultivation of fields with the better monsoon. Brokerage house Anand Rathi has given the target of Rs 2,498 in Swaraj Engine. Current price can get 41% returns.

India electronics

Bharat Electronics Limited (BEL) is a government-owned defense company. Profit in the quarter ended June 2018 increased by 43.4 percent to Rs 179.7 crore. Profit in the same period last year was 125.3 crores. During this period, revenues increased by 22.1 percent to Rs 2,102 crore against Rs 1722 crore. BEL has an order book of Rs 10,000-15,000 crores.

According to the brokerage house Prabhudas Leeladhar, the company's sales growth is expected to be 12-15% CAGR in the next five years. Brokerage house has given a target of 150 rupees in the stock. With current price, it can get 32 percent returns.

Kotak Mahindra Bank

Brokerage house K.R. Choksi has advised investing in private lender Kotak Mahindra Bank. Kotak Bank's standalone profit rose 12.30 percent to Rs 1,024.94 crore in the April-June quarter of the financial year 2019. Profit in the same period last year was 912.73 crore rupees. According to the brokerage house, bank credit, deposits, wealth management, broking, life insurance, general insurance, investment banking, asset management, auto loan financial products are in business. The bank has its own distribution network. The broking firm has given a target of Rs. 1544 in the stock. From the current price, it can get returns up to 21%.

Source: Money Bhaskar