Stocks to Bet On: Paytm, Pfizer, L&T Technology among 5 shares with BUY call; check TARGET price, return potential
BSE Sensex and NSE Nifty traded lower today amid a weak trend in global markets, halting their eight-day rally during which they hit record highs. After beginning the trade on a negative note, the 30-share BSE Sensex further declined around 455 points to 62,828. The broader NSE Nifty dipped around 129 points to 18,682. While the markets continue their strong performance on average, brokerages have suggested some stocks that can help investors earn a decent return. The stocks have been suggested by brokerage houses to Zee Business and are not the views of Zee News/Zee Business. If you are planning to invest in stocks markets, you can check out these suggestions:
Paytm Share Price Today, Target Rate, Latest News
The share price of Paytm's parent company One97 Communications today surged around 5 per cent. The share was trading around Rs 525 per share on the NSE NIfty and Rs 525.10 on the BSE Sensex around 2.30pm. Dalal Street turned optimistic over One97 Communications after the management's strong commentary on growth and profitability. Global brokerage firm CLSA has given a Buy call on Paytm with a target price of Rs 650 apiece. Morgan Stanley has maintained an equal weight rating on Paytm and sees an upside of Rs 194 per share with a target of Rs 695/share. According to ICICI Securities, key risks include lower than anticipated scale-up in financial services revenue and pressure on take rate in the lending business, and slower GMV growth.
Pfizer India Share Price, Target 2025
AnandRathi brokerage recommended Pfizer India with a target price of Rs 5250 and a stop loss of Rs 4250 per share. Pfizer India shares were trading around Rs 4,615 per share on the NSE and Rs 4,604 on the BSE around 2.30pm today. Investors can earn up to Rs 695 per share from this stock.
PCBL Share Price Target 2022
According to HDFC Securities, PCBL shares can zoom up to Rs 170 per share while the stop loss can be kept at Rs 126 per share. The stock was trading around Rs 142 per share on the NSE Nifty and BSE Sensex around 2.30pm today. If you invest in this stock, you can earn up to Rs 28 per share.
L&T Technology Services Share Price Today, Target
Brokerage house HDFC Securities has recommended L&T Technology Services for a target price of Rs 4843 per share. It has kept the stop loss at Rs 3760 per share. The stock was trading around Rs 4,275 per share around 2.30pm today on the NSE and Rs 4,274 on the BSE Sensex. Investors can get a return of Rs 686 per share by investing in this stock.
Bombay Burmah Share Price, Target News Today
Bombay Burmah Trading Corporation shares were trading around Rs 999 per piece on the NSE Nifty and Rs 1,002 per share today around 2.30pm. Brokerage firm AnandRathi has recommended Bombay Burmah with a target price of Rs 1250. It has kept stop loss at Rs 860 per share. The shares can yield a return of Rs 250 per share if it follows the analysed trajectory based on which the recommendation is given.