Auto Sector Stocks On Buy Call: Sharekhan Upbeat On 4 Stocks, Sees Shares Soaring
Sharekhan By BNP Paribas has recommended investors to buy 4 stocks from the Auto sector for higher return. These stocks are Maruti Suzuki India Ltd, Mahindra & Mahindra Ltd, Bosch Ltd, and TVS Motor Company Ltd. Check details below:
1. Buy Maruti Suzuki India
Sharekhan By BNP Paribas has recommended investors to buy Maruti Suzuki India with target price of Rs 10965 apiece. Last trading price of the stock is Rs 8625.80 apiece. If you buy Maruti Suzuki India Ltd shares now, you can get potential return of 27%.
The stock's 52-week high is Rs 9768.65 apiece and 52-week low is Rs 6,540.00 apiece, respectively.
The large cap stock has a market capitalisation of Rs 2,60,568.22 crore. The stock offered 4% return in last 1-year and 37% return in last 3-years.
2. Buy Mahindra & Mahindra
The analyst has assigned buy call to Mahindra & Mahindra Ltd with a target price of Rs 1550 apiece. Last trading price of the stock is Rs 1269.80 apiece.
If you buy Mahindra & Mahindra Ltd now, you can get potential 22% upside. The stock's 52-week high is Rs 1396.00 apiece and 52-week low is Rs 671.00 apiece, respectively.
The company has a market capitalisation of Rs 1,57,860.59 crore. The stock gave 60% return in last 1-year and 177% return in last 3-years.
3. Buy Bosch Ltd
Sharekhan By BNP Paribas has assigned buy call to Bosch Ltd with a target price of Rs 19795 apiece. Last trading price of Bosch Ltd is Rs 18006.75 apiece. If you buy Bosch Ltd shares at last trading price, you can get likely return of 10%.
The stock's 52-week high is Rs 18,520.00 apiece and 52-week low is Rs 12,940.10 apiece. The company has a market capitalisation of Rs 53,108.46 crore.
The large cap Auto Ancillaries sector stock gave 4% return in last 6-months, 14% return in last 1-year, and 48% return in last 3-years.
4. Buy TVS Motor Company
Last trading price of the stock is Rs 1080.25 apiece. The brokerage has recommended investors to buy TVS Motor Company with a target price of Rs 1303 apiece.
If you buy TVS Motor Company shares now, you can get potential return of 21%. The stock's 52-week high is Rs 1177.00 apiece and 52-week low is Rs 513.00 apiece, respectively.
The company has a market capitalisation of Rs 51,321.29 crore. The stock gave 74% return in last 1-year and 147% return in last 3-years.
Disclaimer
The stocks have been picked from the brokerage report of Sharekhan By BNP Paribas. Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.


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