new Delhi. Brokerage firm HDFC Securities has suggested two stocks to invest in for the next 3 months. The brokerage firm is bullish on both these stocks and both of them can give around 13-18 per cent returns in the next 3 months. This return is 10 times more than the money kept in the bank. However, there is also risk on the capital deposited in the stock market. The name of one stock is TV Today Network Ltd and the other is Motilal Oswal Financial Services Ltd.
On Wednesday, HDFC Securities has recommended both these shares. On Wednesday, the share of TV Today Network Ltd closed at Rs 404.15 and Motilal Oswal Financial Services Ltd share closed at Rs 935.80.
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TV Today Network Target – Rs 475
In its first technical call, the brokerage has given a buy advice on TV Today Network at ₹ 407.10. Its target has been given Rs 475. However, the firm has also given a stoploss of Rs 379 for this. HDFC Security expects it to go up by 17.53% in the next three months.
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Motilal Oswal Financial Services target – Rs 1061
Apart from this, HDFC Securities has given a buy advice to Motilal Oswal Financial Services Ltd on Wednesday itself. It was advised to buy it at Rs 939.60. At present, this stock stands at Rs 935.80. For this, a target of Rs 1061 has been given, which is 13.38% above its recommended price. A stoploss of Rs 868 has been given for this. This is also a technical call.
(Disclaimer: The stocks mentioned here are based on the advice of brokerage houses. If you wish to invest in any of these, please consult a Certified Investment Advisor first. Tech for FTCP will not be responsible for any profit or loss caused by you .)
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