
- by Stocktry Expert
- 04th May 2021
5 Investment Ideas Picked by Globe Capital Market for Next 12 Months
On May 4, benchmark indices bounced back from the day's lows to recoup most of the losses on May 3, helped by metal stocks. The metal index rose over 2 percent and FMCG index 1 percent, while selling was seen in the banking and energy names.
Here are the 5 top picks by Globe Capital Market:
1. Alembic Pharma
CMP: Rs 985
Target Price: Rs 1235
Expected return: 25 percent
2. Avadh Sugar & Energy
CMP: Rs 282
Target Price: Rs 415
Expected return: 47 percent
3. Cigniti Technologies
CMP: Rs 396
Target Price: Rs 525
Expected return: 33 percent
4. Hindustan Copper
CMP: Rs 154
Target Price: Rs 230
Expected return: 49 percent
5. Indian Energy Exchange
CMP: Rs 370
Target Price: Rs 515
Expected return: 39 percent