Stock Market: These 6 shares including Axis Bank, Indus Towers and Havells will give you huge profits..
Shikha Saxena January 19, 2025 02:15 PM

The season of quarterly results is going on. Quarterly results of big companies like Infosys and Reliance along with many other major companies have come. Looking at the quarterly results, now investors are also choosing to earn stocks from the market. Brokerage houses are also suggesting investment strategies to stock market investors based on quarterly results. Today we will tell you about 6 such stocks, from which brokerage houses have expressed hope of earning in the coming time.

The companies in which brokerage firms have advised to invest include Infosys, Axis Bank, Dixon Technology, LTI Mindtree, Indus Towers, and Havells. Let us know what is the opinion of the brokerage on these stocks and what target price they have given for these stocks.

Infosys
Brokerage firm Bernstein has given Infosys an 'outperform' rating and a target price of ₹2,330. The firm said that the company's performance in Q3 was excellent and the revenue growth estimate for FY25 has been raised to 4.5-5%. Morgan Stanley gave an 'overweight' rating to Infosys stock and gave a target of ₹2,150. Jefferies has set a target price of ₹2,250 with a buy recommendation.

Axis Bank
Brokerage firm HSBC has advised to buy Axis Bank, a leading private sector bank. But, the brokerage has reduced the target price of this bank stock to ₹1,170. The bank's deposit and loan growth in the third quarter has been less than expected. Jefferies has given a target of ₹1,400 to Axis Bank stock while giving a buy recommendation. Morgan Stanley gave a target of ₹1,300 and said that the bank has given priority to profitability.

LTIMindtree
The brokerage has mixed opinions on LTI Mindtree stock. Brokerage firm Morgan Stanley has given it an 'overweight' rating and set its target price at ₹6,800. At the same time, Nomura has set a price target of ₹5,070 with a 'reduce' rating.

Indus Towers
Brokerage firm CLSA is bullish on Indus Towers stock. The brokerage has given it a 'high conviction outperform' rating and a target price of ₹575. The firm said that Voda Idea has paid 70% of the dues, which has improved the financial condition of the company.

Dixon Technology
Brokerage firm HSBC has recommended buying Dixon Technology and set a target price of ₹19,900. The brokerage says that the company's performance is expected to strengthen with the addition of new clients in FY24.
This stock jumped 835%, Radhakishan Damani's big bet
This stock jumped 835%, Radhakishan Damani's big bet
Havells
Brokerage CLSA has given Havells India an 'outperform' rating and set its target price at ₹2,120. The brokerage says that in the third quarter of the current financial year, EBITDA was lower than estimates, but consumer demand showed improvement.

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