To Choose the Top 10 best stocks to buy and get a good return profit. Shares of companies that are scaling a trade or enjoying tailwinds in their respective sector will continue to grow and share prices will follow the same. Which are those best Indian stocks you can own to make a comeback for 2022? Let us examine the story in each of the companies one by one.
1. Infosys:
India’s first largest IT services firm has a strong presence across geographies. Infosys managing amended on behalf of its guidance on the CC case for the financial year before the 0% to revenue growth of 2% -3% -2%. Deal victory remains strong for Infosys and hence its deal pipeline deal. The IT major recently won a $ 3.2 million contract from Daimler which will see the latter transform its IT operational model and workplace services, service desk, data center, network and SAP base together with Infosys across the infrastructure landscape. Currently, Infosys trades at Rs 1,260 which results in 12% above target price.
Target price – Rs 1,404
2. Bharat Electronics Ltd. (BEL)
BEL is India’s largest defense electronics equipment manufacturer with a ~ 60% stake in Defense Electronics. The company is a major beneficiary of the Indian government’s increasing emphasis on replacement and modernization of military hardware in the country. The government’s push for home country source defense equipment provides a tailwind for further development.
India is now an order for electronics ~ of 52,000 crore size ~ 4x TTM sales. Manage a stable margin of 10-12% CAGR growth and well-being of the company’s future prospects have been directed to inform auspiciously.
Target price – Rs. 143
3. Bharti Airtel
Leading brokerage and research firm ICICI Direct has given a ‘Buy’ call to Bharti Airtel and has chosen a counter in its Quant pick for 2021 for a time frame of 1 year, keeping the price target for Telco at Rs. goes. As of 620 at the end of December 28, 2020, the company’s shares settled at Rs. 521.6 per share. Know about what is Insider Trading.
According to the firm, the extent of the late volatility in the counter has been reduced to a potential upward trajectory. “Bharti Airtel has seen a sharp move over the past year as this range shifted out of vogue for the past several years. With the liquidity likely to remain high, liquidity is likely to outperform stocks like Bharti Airtel. In addition, the stock is likely to remain positive as long as it maintains above its long-term mean level in the coming months, “the research firm said in the report. An increase in distribution volumes at lower levels would likely counter a healthy profit. Also added, the report added. The purchase is suggested in the range of Rs 490-510 with a stop loss of Rs 440.
Target price – Rs. 720
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4. Amber Enterprises
Amber is a strong market share in the air conditioner market. Customer requirements, indoor units to outdoor units 78%, and caters firm to 49% from 60% for window AC. The firm that many believe will provide India’s industrial sector with the push of necessity remains a major drama on the PLI theme. “Amber is in a good position to quickly seize the opportunity under its operational scale and any PLI plans announced by the government, as a large portion of AC components and AC are currently being imported,” Axis Securities he said. The brokerage sees potential up 18% at the firm.
Target price – Rs 2,800
5. Cipla Ltd.
Cipla is the leader in generic respiratory drugs and inhalers. Covid increase in the target market for Cipla as many people can still experience respiratory problems after Covid -19 fight. Together can be very good growth over the next 2 years with new launches and increased volume in India, Cipla US.
Cipla has strong profitability in domestic and international trade approx. 20% + and ROE is over 25%. 15% CAGR for growth earnings of last 3 years and expected to remain in same category for next 3 years.
Target price – Rs. 965.
6. Relaxo Footwear
The company’s products include rubber / EVA slippers, canvas shoes, sports shoes, sandals, school shoes and leather shoes, Axis Securities said. “Relaxo is maintained healthy operating cash flow, asset change (~ 3x) and business make it an efficient capital EBITDA margin over the past few years,” he added. Development around Relaxo Footwear continues to be driven by capital expenditure.
“Despite the recession, the company is adding additional capacity of one million pairs per day in its Bhiwadi plant with an estimated capex due to which Rs 90 crore strong demand Flite PU and Sparks brands to proceed with its capex plans.” Stock trades at Rs 800 per share, reverse translate to a 16%.
Target price – Rs 925
7. Dixon Technologies (India) Ltd.
Dixon is a major player in technology the EMS industry. It is fast on “Atmanirbhar expected to grow under the leadership of India”, government initiatives, and China +1 attention. Companies such as LED TV, washing machines, lighting products, mobile phones, and is present in many areas, such as security systems, laptops, medical electronics, and STB pipeline.
Management next 5 years PLI scheme industry tailwind and benefits delivered 20% growth guidance. Overall it was EMS (Electronics Manufacturing Services) which increases the drama is supported by many industry tailwinds and at an early stage.
Target price – Rs. 19479.25.
8. Ujjivan Small Finance Bank
The SFB transitioned from NBFCs in 2017 and now cater to low and middle income groups individuals and businesses. “We believe that the recent ramp up in a small finance bank and liability franchise is well above a slow start for the bank to accelerate diversification from a micro financier,” the brokerage firm said. The target price of Rs 47 will result in 20% above the current level.
Target price – Rs 47
9. Gujarat Gas Company Ltd.
The distribution of Gujarat Gas, CNG and LNG. Vehicles and the focus of the state government to use to increase the gas as the primary fuel for the industry has improved prospects of Gujarat Gas.
Gujarat is concerned for the largest distribution of gas and gas supply. It passes on the reduction in gas prices to increase / customers. For the past 3 years before Covid sales and revenue increased by more than 20% CAGR. Income over the next three years are expected as well as double-digit growth.
Target price – Rs. 364
10. Solara Active Pharma Sciences
The API was the theme for 2020 and it doesn’t seem to be dying down any time soon. Solara Active Pharma is a global pure play API player with 80+ commercial APIs. “Solara has the highest gross margin ~ 57% in the industry that demonstrates the strength and value-added products in the company’s portfolio have been valued,” Axis Securities said. The API theme will also be an important thing to see in 2021 as it aligns with the PLI theme. The stock may rally 14% from the current level to reach the target price.
Target price – Rs 1,350
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