Business News Desk – Ganesh Utsav is being celebrated across the country. Bappa is present in every house. It is said that taking the name of Mangal Murti brings blessings of happiness and prosperity. Therefore, any big work is started by taking the name of Lord Ganesha. If you are also planning to invest in the stock market, then this is an auspicious occasion. In such a situation, market experts will tell you about those stocks which can increase the sweetness of your portfolio’s profits. We are accompanied by Rajesh Agarwal of AUM Capital, Narendra Solanki of Anand Rathi Shares and Stock Brokers and market expert Ambrish Baliga.
Bandhan Bank: Buy, target Rs 280
Ambareesh Baliga likes Bandhan Bank’s stock a lot. He says that this is a bank showing rapid growth. Its deposit book is Rs 1.8 lakh crore. It has presence in 35 out of 36 states and union territories. It has 501 branches and more than 2000 banking units. The management’s NIM guidance was 7-7.5%. The bank has guided for 18-20% loan book growth.
Gland Pharma: Buy, target Rs 2,450
Ambareesh says that the company has presence in 60 countries. It is one of the big companies in injectable manufacturing. The company is showing rapid growth. Therefore, it should be bought.
Varun Beverages: Buy, target Rs 760
PepsiCo’s largest global franchise. The company has a 25-year contract with PepsiCo. Pepsi, Mountain Dew, Tropicana, Aquafina are the company’s brands. Business is done in India as well as Nepal, Sri Lanka, Morocco, Zambia, Zimbabwe. Strong growth is possible in the future with entry into new markets.
Polycab: Buy, target Rs 7,750
The company is involved in cable, wire, FMEG business. There is an emphasis on increasing profits in the FMEG business. The company is also focusing on increasing margins. Rs 1,000-1,100 will be spent on capacity expansion. The target is to earn Rs 20,000 crore by FY26.
Reliance Industries: Buy, target Rs 3200
Rajesh says that there is a positive outlook for growth in retail stores. The stock also looks positive on the increase in Jio tariffs. O2C business will perform well due to strong oil demand.
Bajaj Finance- Buy, Target Rs 8500
Rajesh said that AUM grew by 31% in Q1. Deposit growth has seen a growth of 26% in Q1.
