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Buy These 3 Stocks For Upto 50% Return ICICI Direct Suggests

Buy These 3 Stocks For Upto 50% Return ICICI Direct Suggests
Written by bobby
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Buy These 3 Stocks For Upto 50% Return ICICI Direct Suggests: These are making the government bonds more profitable. So, with a falling stock market and falling Sensex, it is a good time for investors to buy stocks. ICICI Direct has recently recommended these three stocks to invest in for good returns in the long term.

Stock recommendations

The brokerage firm has recommended these three below-mentioned stocks for investment. Siemens Ltd., Ramco Cement, and Granules are three preferred stocks by the brokerage firm.

Current market price and target price for the stock

Company stock Current Market Price (CMP) Target Price (TP) 1 Year Return
Siemens Ltd Rs. 2,300.50 Rs. 2856 24.17%
Ramco Cement Rs. 683.95 Rs. 900 33.80%
Granules Rs. 239.45 Rs. 360 50.62%

About the Siemens Ltd. stock, ICICI Direct has stated, “Further penetration of valued added automation and digitization products & services across segments to drive margins, long term growth.”

About the Ramco Cement stock, ICICI said, “The company is the cost-efficient player in the south. It is expanding its footprints in the eastern region.”

About the Granules stock, ICICI commented, “Granules India is a vertically integrated company that manufactures API, intermediates, and finished dosages with a vision to play on its strength of economies of scale and expansion into more complex products/forms.”

About the author

bobby

Hi, I am Bobby. Blogger India. I love writing, and reading articles. Blogging is my passion. I have started my blogging career in 2016.

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