Top 5 Best Stocks recommended by more than one leading brokerage firms

Top 5 Stocks recommended by more than one leading brokerage firms in India-minTop 5 Best Stocks recommended by more than one leading brokerage firms


Every stock looks good in rising market. Investors want quick returns in stock market. Investors do not want to wait for long term. However identifying good stocks for short term to medium term is a big challenge. Some of the top leading brokerage firms like Motilal Oswal, ICICI Securities, Axis Direct etc., would keep giving Top Stock recommendations. However what if more than one leading brokerage firm give stock recommendation for a particular stock? This gives some confidence to the investors to invest in such stocks. In this article, I would detail about Top 5 Best Stocks recommended by more than one leading brokerage firm in India now in 2017.

Also Read: Best Midcap Stock to invest in 2017 in India

Top 5 Best Stocks recommended by more than one leading brokerage firms


These stock recommendations are given by leading brokerages in the last 1-2 months only.

1) Tata Motors – CMP Rs 476 – upside upto 37%


Overview: Tata Motors Limited is an Indian multinational automotive manufacturing company headquartered in Mumbai, and a member of the Tata Group.

Motilal Oswal Securities recommends this stock to BUY with a target price of Rs 653 in 1 year with an upside of 37% from current market price.

ICICI Securities recommends this stock to BUY with a target price of Rs 535 in 1 year with an upside of 12% from current market price.

Geojit Research recommends this stock to buy with target price of Rs 518 in 1 year with an upside of 8% from current market price.

Axis Direct recommends this stock to HOLD with a target price of Rs 500 in 1 year with an upside of 5% from current market price.

2) Ambuja Cement – CMP Rs 234 upside upto 18%


Overview: Ambuja Cements Limited, formerly known as Gujarat Ambuja Cement Limited, is a major cement producing company in India. The Group's principal activity is to manufacture and market cement and clinker for both domestic and export market.

Motilal Oswal Securities recommends this stock to BUY with a target price of Rs 277 in 1 year with an upside of 18% from current market price.

ICICI Securities recommends this stock to BUY with a target price of Rs 280 in 1 year with an upside of 20% from current market price.

Axis Direct and Edelweiss recommends this stock to HOLD with a target price of Rs 245 in 1 year with an upside of 5% from current market price.

3) PNC Infra – CMP Rs 113 upside upto 28%


Overview: They are one of the front ending Indian infrastructure construction, development and management companies in the country, with wide experience and proven expertise in the execution of major infrastructure projects, including highways, bridges, flyovers, power transmission lines, airport runways, industrial area development and other infrastructure activities with an established track record of successful execution of projects across sectors and geographies.

Emkay Research recommends this stock to BUY with a target price of Rs 145 in 1 year with an upside of 28% from current market price.

ICICI Securities recommends this stock to BUY with a target price of Rs 125 in 1 year with an upside of 11% from current market price.

HDFC Securities recommends this stock to BUY with a target price of Rs 130 in 1 year with an upside of 15% from current market price.

Geojit Securities recommends this stock to BUY with a target price of Rs 121 in 1 year with an upside of 7% from current market price.

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4) Escorts – CMP Rs 512 upside upto 16%


Overview: India's leading Engineering Conglomerates pioneers in manufacturing of wide range of Tractors like Farmtrac Tractors, Powertrac Tractors, fuel efficient tractors etc.,

Motilal Oswal Securities recommends this stock to BUY with a target price of Rs 596 in 1 year with an upside of 16% from current market price.

ICICI Securities recommends this stock to BUY with a target price of Rs 540 in 1 year with an upside of 5% from current market price.

5) Mahindra Forgings – CMP Rs 212 upside upto 32%


Overview:  Mahindra CIE is a multi-technology automotive components supplier listed on the stock exchanges. They are an alliance between the CIE group which holds the majority stake and the Mahindra group which also has a significant stake.

Systematix recommends this stock to BUY with a target price of Rs 280 in 1 year with an upside of 32% from current market price.

Axis Direct Securities recommends this stock to BUY with a target price of Rs 229 in 1 year with an upside of 8% from current market price.

ICICI Securities recommends this stock to BUY with a target price of Rs 225 in 1 year with an upside of 6% from current market price.

Also Read: Top Midcap and Smallcap Mutual Funds to invest now

Conclusion: These are some of the top stock recommendations from leading brokerages now in 2017. If these are available during market corrections, one can purchase them and hold it for 6 months to 1 year. These are basically short to medium term stock recommendations.

Disclaimer: I have not invested in any of these stocks as of now and I may have interest in investing them in future. One should note that investment in such stocks is high risk. If you are high risk investor, you can invest in stocks.

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Suresh

Top 5 Best Stocks recommended by more than one leading brokerage firms

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