Hot Stocks: 3 stocks that can offer 28-40% returns

ET looks at some of the stock recommendations by analysts of late. These stocks are expected to return between 28% and 40% as per analysts’ price targets.

Reliance Industries

  • BROKERAGE: CLSA Price
  • Target: Rs 2,970 CMP: Rs 2,270.05
  • Upside: 30.8%

Stock at only 5% above conservative valuation after recent fall; bargain buy Assumes no value for new energy biz; same equity valuation for Jio/retail at which PEs invested in 2020 Ramp-up of FMCG business, the launch of Airfi ber and new affordable 5G smartphone triggers in FY24.

Phoenix Mills

Opened 11th mall in Ahmedabad in Feb; On track to open Pune and Bengaluru malls in Q1FY24 Healthy pre-leasing of upcoming malls provides strong near-term visibility on rental growth Strong consumption momentum across malls; bettering pre-Covid consumption run-rate by 10-40%.

Sula Vineyards

  • BROKERAGE: CLSA
  • Price Target: Rs 475 CMP: Rs 340.85
  • Upside: 39.3%

Well placed to benefit from the consumer shift to low-alcohol beverages — beer and wine. Expected to see highest revenue & EP) compounded growth over FY22-25 vs alcohol companies.

Change in wine incentive schemes poses a key regulatory risk for the company.

Tags:

cd-keys listed on couponmatrix.ukecco listed on couponmatrix.ukhuawei listed on couponmatrix.uknflcom listed on couponmatrix.ukomnes listed on couponmatrix.ukziffit listed on couponmatrix.uk
cd-keys listed on couponmatrix.ukCDKeys is your go-to for all things gaming. Specialising in digital codes for the hottest games and new releases, CDKeys.com has thousands of bestsellers in its catalogue, with instant delivery of CD keys for Steam, Xbox, Origin, PSN and more! Make the most of a CDKeys discount code to cut the cost of your next gaming haul - CDKeys sources games from all over the globe to ensure you’re getting the best price, every time!
ecco listed on couponmatrix.ukPut your best foot forward with Ecco and give your shoe rack a high quality revamp for a low cost price. With a range for men, women and children alike, Ecco has made its name on practical yet stylish footwear that helps you stay active and look good while you do it. Don’t forget to add an Ecco discount code to your order, and whether you’re looking for razor-sharp footwear to wow at your next event or super-cool sneakers to hit the Great Outdoors, you won’t have to break the bank.
huawei listed on couponmatrix.ukThe new kid on the block, Huawei already stands side-by-side with the tech giants as one of the go-to providers of premium communication technology. Producing some of the smartest and fastest performing phones, tablets, laptops and watches on the market, with the latest Huawei discount code you’ll be hard pressed to find a better price on a finer product. If you like the sound of 5G connectivity, unparalleled processing speed and immaculately rendered visuals, look to the future with Huawei.
nflcom listed on couponmatrix.ukGet your head in the game with NFL Europe Shop, the No.1 place to snap up the latest apparel, equipment, collectables and more. Stocking the latest team jerseys, in addition to hoodies, t-shirts, and gym wear, you can support your side in style. Shop now with a NFL Europe discount code and bring home a piece of personalised kit or accessory for less. With ranges for men, women, and even kids, the whole family can join in with every celebration.
omnes listed on couponmatrix.ukOMNES is our favourite shop for creative clothing that doesn’t compromise the planet – you’ll only see materials like organic cotton and recycled polyester in this clothing collection. From sleek dresses to free-spirited tops, OMNES clothes add a pop of colour to your wardrobe while keeping sustainability in mind. It’s also really affordable, especially with an OMNES discount code from Groupon. We’re tracking all the promo codes, free delivery promotions and student discounts running at OMNES, so you can choose fashion that’s better for the environment without paying extra.
ziffit listed on couponmatrix.ukConvert those unused items into hard cash with Ziffit. A free trade-in system, Ziffit takes unwanted books, games, CDs and DVDs and gives them a second home whilst earning you a pretty penny in the meantime. Bring along a Ziffit discount code and you could earn extra on any trade, so be sure to check Groupon to maximise your profits. Whether you’re looking to clear clutters or secure some extra cash, Ziffit makes it easy to earn both money and space whenever it’s needed.