Business

These 2 shares can give up to 23% profit, HDFC Securities has given advice to buy them

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.

EIH:

  • 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.

VIP Industries:

  • 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.

Disclaimer: (The information provided here is for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. ABPLive.com It is never advised here to invest money on anyone’s behalf.)

Read also:

Multibagger Stock Tips: In August, these stocks made investors’ bumper earnings, gave more than 100% return

Multibagger Stock Tips: Shares of this company gave great returns, doubled investors’ money

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Shivam Bangwal

Shivam Bangwal is a young entrepreneur who hails from Uttarakhand. Shivam is a professional full time Digital Marketing and PR expert with a post graduation degree of Master's of Computer Applications. He is a founder of Youthistaan, People News Chronicle, Branding Panther and Digital Leader.

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