HDFC Securities has filtered a handful of stock ideas for next two quarters. The brokerage believes these stocks may earn between 20% and 29% from their current market price in up to six months. Here are the six stock list includes, Spandana Sphoorty Financial, Dollar Industries, Healthcare Global Enterprises, DCB Bank, Coal India and Birla Corporation. Aggressive expansion in the last few years and cap on cancer drug margins have hit financials (lower margins/RoCE, high debt) and stock price has corrected around 50% from its all-time high. Coal India has taken major initiatives to build matching logistics infrastructure to ensure evacuation of planned quantity of production," says HDFC Securities.
Source: Mint December 26, 2020 01:41 UTC