Nirmal Bang’s Diwali shares get better returns

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Mumbai- A list of Diwali stocks has been prepared by Nirmal Bang. The foremost brokerage has expressed the hope that it will get better returns in the stocks which have been advised to put a stake in this.

The brokerage house has advised the purchase of Britannia Industries at a target of Rs 7,120, which is likely to increase by 26% from present value. While City Union Bank has advised to buy it at a target of Rs 235 with a return of 39% in its share price. It has suggested buying shares of Eicher Motors at a price of Rs 36,529 in the bigger shares and expressed the returns of 61 per cent in this.

It has been advised to buy Kajaria Ceramics stock at the target of Rs 492 and it has expressed the possibility of getting 20 per cent returns. Similarly, Whirlpool India is expecting a return of 39% in the stock and it has been advised to buy it at the target of Rs 1,900. Thomas Cook’s shares have been advised to buy on the target of 300 rupees and it is expected to return 41 percent.

Similarly, it has advised the stock of Sanofi India to buy on the target of Rs 7,570 and it is expected to grow by 29%. Phoenix Mill has expressed the possibility of 38 percent increase in the stock and it has been advised to buy it at the target of Rs 791. It has recommended buying PVR at the target of Rs 1,785 and it is expected to grow by 28%.

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