Multibagger Stock Tips: The stock market has reached a new high, but still the boom is expected to continue in view of the huge liquidity. Although as soon as the US starts reducing its assets, its effect will be seen in all markets including India, but for now the mood of the market remains positive.
HDFC Securities has given a buy recommendation of two stocks from Hotel and Luggage Space. Which can give good profits in the near future. The travel and tourism sector is expected to improve with the easing of the COVID-19 situation in the country.
- The brokerage firm has given ‘Buy’ rating to the hotel company’s stock with a target price of Rs 119.
- The stock last traded at a price of Rs 108.25.
- Note that the target is to be achieved in 3 months time and the company has suggested a stop loss of Rs 98.5.
- The share has been given ‘Buy’ rating by HDFC Securities with a target of above Rs 599.
- Which means a gain of 23% from the previous trading price of Rs. 488.30 per share.
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