Motilal Oswal Picks 2 Stocks To Buy For Higher Return, Both Hit 52-Week Low Today

Motilal Oswal has recommended investors to buy two stocks showing potential to soar. These two stocks traded their new 52-week low today. These stocks are Eris Lifesciences Ltd and ICICI Prudential Life Insurance Company Ltd. If you buy both the stocks now, you can get potential 31% return. Check details below:

Buy Eris Lifesciences Ltd: Motilal Oswal has assigned buy call to mid-cap pharmaceuticals sector stock Eris Lifesciences with target price of Rs 710 apiece. Last trading price of Eris Lifesciences stock is Rs 568.55 apiece on BSE. If you buy Eris Lifesciences share now, you can get potential return of 25%.

The stock's 52-week high price is Rs 749.85 apiece and 52-week low price is Rs 550.90 apiece, respectively. The company has a market capitalisation of Rs 7,731.75 crore. The stock traded its new 52-week low price today. The stock fell 20% in last 1-year and gave a return of 41% in last 3-years.

Buy ICICI Prudential Life Insurance Company: The analyst has recommended investors to buy ICICI Prudential Life Insurance Company with target price of Rs 530 apiece. Last trading price of the large cap financial services sector stock is Rs 405.85 apiece on BSE.

If you buy ICICI Prudential Life Insurance share now, you can get potential return of 31%. The stock's 52-week high price is Rs 608.65 apiece and 52-week low price is Rs 380.95 apiece, respectively. Its market capitalisation is Rs 58,384.42 crore. It traded its new 52-week low price today.

Disclaimer: The stocks have been picked from the brokerage report of Motilal Oswal. 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.