Multibagger Stock 2021: In the year 2021, the valuation of the market is high at this time. In such a situation, experts are advising to invest only in quality stocks with strong fundamentals. In such a situation, you can keep an eye on some stocks of the choice of veteran investors.
New Delhi: Rakesh Jhunjhunwala portfolio Stocks: The stock market is at its highest pace in the year 2021. On one hand Nifty crossed 18000 level for the first time. At the same time, the Sensex has also remained above 60000. That is, the boom of the market is not taking the name of stopping. In such a situation, experts and brokerage houses say that one should invest only in quality stocks with strong fundamentals at this high valuation of the market.
BigBull’s trusted strong stocks
If you also want to follow a stock specific strategy and want to become rich by investing in the stock market, then the market veteran and bigbull Rakesh Jhunjhunwala (Rakesh Jhunjhunwala) to view the portfolio. Jhunjhunwala, who is considered to be the uncrowned king of the stock world, has some strong stocks included in his portfolio, in which the brokerage house has recently recommended investment for investment. If you want, you can invest in them and earn big money. Our partner website Zee Business has told about the share of Jhunjhunwala.
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Brokerage house ICICI Direct has given investment advice in Rakesh Jhunjhunwala’s most preferred stock Titan. A target of Rs 2550 has been given for the share. Whereas the current price is Rs 2370. Titan’s jewelery business has seen decent growth during the September quarter and has grown by 78 per cent year-on-year. The company added 13 stores in the September quarter. Sales in most of the segments are now coming to the level before Kovid 19. Most of the stores are now running at their full capacity.
Federal Bank has also become the choice of brokerage house. Brokerage house Motilal Oswal has given investment advice in these with a target of Rs 110. At the same time, the target of brokerage house Emkay Global is also Rs 110. In terms of current price of Rs 86, it can give 28 percent return.
During the July to September quarter, there has been a strong growth in the deposits of the bank. Customer deposits have grown by 11 per cent year-on-year. The CASA ratio of the bank also improved during this period. The margins of the bank are expected to improve in the September quarter. Rakesh Jhunjhunwala has 5.47 crore shares of the bank.
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Brokerage house HDFC Securities has given a target of Rs 844 while recommending investment in Jubilant Ingrevia. The current price of the share is Rs 770. The brokerage house says that the company will get the benefit of growth in the specialty chemical business. The company is diversifying its business, which can see good growth going forward. If the stock falls, then investors should buy. Rakesh Jhunjhunwala holds 6.3 percent stake in the company.
Brokerage house Kotak Securities has a buy call in Canara Bank with a target of Rs 195. The stock is currently trading around Rs 175. Let us tell you that Rakesh Jhunjhunwala has bought 1.6 percent stake in Canara Bank in the September quarter. Jhunjhunwala holds a total of 29,097,400 shares of the bank. Canara Bank has given about 96 percent return in 1 year.
Brokerage house ICICI Direct has given buy advice on Tata Motors and has kept the target of the stock at Rs 450 for the next 1 year. Yesterday this stock closed at Rs 415. The brokerage house says that the volume of the company is gaining momentum in India. The company’s focus is on electric vehicles. This will further strengthen the company’s portfolio.
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