ICICI Bank, SBI, Maruti Top Picks Among 15 Stocks Recommended by Axis Securities

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ICICI Bank, SBI, Maruti Top Picks Among 15 Stocks Recommended by Axis Securities
Credit: © Reuters.

The domestic brokerage and financial services provider Axis Securities has recommended a slew of stocks to buy, as it sees the medium to long-term outlook for the overall market remains positive.

Some of its top picks include ICICI Bank (NS: ICBK ), State Bank of India (NS: SBI ), Maruti Suzuki (NS: MRTI ), Tech Mahindra (NS: TEML ) and Dalmia Bharat (NS: DALB ).

Here are the brokerage’s recommendations, along with their respective target prices.

  • ICICI Bank: TP at Rs 1,150/share; an upside of 34.7% from Monday’s close.
  • SBI: TP at Rs 740/share; a 35.7% upside from Monday’s close.
  • Maruti Suzuki: TP at Rs 9,760/share; upside of 9.56%.
  • Dalmia Bharat: TP at Rs 2,070; upside of 9.8%.
  • Tech Mahindra: Rs 1,200 at 19.4% upside.
  • Infosys (NS: INFY ): Rs 1,800 at 14.66% upside
  • Bajaj Finance (NS: BJFN ): Rs 7,400 at 21.22% upside
  • Ashok Leyland (NS: ASOK ): Rs 175 at 14.4% upside
  • Varun Beverages (NS: VARB ): Rs 1,450 at 18.7% upside
  • Federal Bank (NS: FED ): Rs 170 at 27.9% upside
  • APL Apollo (NS: APLA ) Tubes: Rs 1,345 at 13.5% upside
  • Healthcare Global Enterprises (NS: HEAC ): Rs 330 at 18.15% upside
  • CCL Products India (NS: CCLP ): Rs 600 at 9.6% upside
  • Polycab India (NS: POLC ): Rs 3,300 at 11.4% upside
  • PNC Infratech (NS: PNCI ): Rs 370 at 9% upside.

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  • Saurabh Jain @Saurabh Jain
    Federal bank - 170.. Hahaha. This shit is not even able to break 142 and brokerage firms are giving target of 165-170. It is hovering around 133 from the last 3 month.
    Like 8

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