Stocks to buy: The stock market is quite volatile. There is no big trigger for the boom but there are many big reasons for the pressure. In such a market, one should focus on stocks with strong fundamentals where the downside risk is limited, Motilal Oswal has advised buying 5 stocks including Powergrid, Zomato, and REC. An upside target has been given in these stocks. Therefore, go through the article to know the complete details including the target.
Powergrid Share Price Target
A target of Rs 425 has been given for Powergrid. This stock is trading at Rs 315. The target is 35 per cent higher than the current level. The 52-week high of this stock is Rs 366 and the low is Rs 205.
Zomato Share Price Target
A target of Rs 330 has been given for Zomato. This stock is trading at Rs 265 with a gain of 3.25 per cent. The target is 25 per cent higher than the current level. The 52-week high of this stock is Rs 298 and the low is Rs 112.
REC Share Price Target
The target for REC Ltd is Rs 630. The stock is trading at Rs 505. The target is 25 per cent higher than the current level. The 52-week high of this stock is Rs 654 and the low is Rs 327.
HCL Tech Share Price Target
A target of Rs 2300 has been given for HCL Tech. This stock is trading at Rs 1855. The target is 23 per cent higher than the current level. The 52 weeks high of this stock is Rs 1897 and the low is Rs 1235. This stock has made a new high today.
Bank of Baroda Share Price Target
A target of Rs 290 has been given to Bank of Baroda. This stock is trading at Rs 244. The target is 18 per cent higher than the current level. The 52-week high of this stock is Rs 299 and low is Rs 193.
(Disclaimer: Here the advice to invest in stocks has been given by the brokerage house. These are not the views of Zee Business. Consult your advisor before investing.)