The year 2024 has been very turbulent for the stock market. Nifty made a new high of 26277 and is currently trading in the range of 23750. 2025 is going to be very important for the market. In such a situation, some brokerages have advised to buy some shares for the year 2025.
ITC
Enoch Ventures has a buy opinion on FMCG stock ITC. There will be huge value unlocking in the stock due to demerger. It is important to find safe stocks in a correction market. ITC is trading around Rs 475. Brokerage says that if we look ahead in a consolidated manner, we can see a target price of Rs 550.
JSW Infra
There is a buy opinion on JSW Infra, a company in the infra space. The brokerage says that it is the second largest port operator in the country. Preparations are being made to increase the cargo capacity to 400 MTPA by FY30. Currently it is 170 MTPA. The promoter also has a major stake in the company. Along with growth potential, stability in margins is also seen in such companies. A target of Rs 360 can be seen for 1 year.
NMDC
The brokerage has given a buy opinion in the shares of mining company NMDC. It is the country’s largest iron ore producer. It has got the status of Navratna. The company also operates a diamond mine in Madhya Pradesh. The share is currently trading at Rs 211. There is a buy opinion for the target of Rs 280.
Nuvama Wealth Management
Motilal Oswal has given a target of Rs 8800 to Stock Broking and Wealth Management Company for the next 12 months. At present this share is trading in the range of Rs 6830. Experts’ target is about 30% higher. On December 11, this stock had made a 52 weeks high of Rs 7647, which is also its life high. From there it is also corrected by 10-11%. The stock has given a return of 90% so far in 2024.
Garden Reach Shipbuilders
Elara Securities has advised to buy shares of Garden Reach Shipbuilders. Its target has been given at ₹ 1,660 per share. However, 3 out of 4 have a Buy opinion on the government defense company Garden Reach Shipbuilders and 1 have a Sell opinion.
Disclaimer: This information is for informational purposes only and should not be construed as investment advice. It is recommended to consult a financial advisor before making investment decisions.