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new Delhi. Investing in the stock market is risky. But, if investment is made here wisely, then there is also a possibility of earning good money. Stock market has made many people rich. There are always such profitable stocks here. The only need is to recognize them.
While buying any stock, it is important that you keep in mind the volatility and market cap of the stock and the business of the company. Stocks of companies with strong fundamentals often give good returns. At present, there are some such stocks in the market, about which market analysts believe that they will give good profits to the investor in the future. Let us know which are these shares.
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Lupin
Lupine’s drug vigabatrin has been approved by the US FDA. Since then, the stock of Lupine has been on the rise. Lupine will manufacture this drug at its Goa plant. Experts say that due to the approval of the company’s drug from the US regulator, Lupine’s stock will see a rise. On Wednesday, the stock of Lupine closed at Rs 750 (Lupin share price today) with a gain of 1.63 percent.
Axis Bank
Experts say that the strength of Axis Bank’s ADR will have an impact on this stock, due to which it can see an increase in the coming time. The stock of Axis Bank has given a profit of 39.80 percent to its investors in the last five years. On Wednesday, March 15, the share of Axis Bank closed at Rs 722.95 (Axis Bank Share Price) with a gain of 3.55 percent.
HDFC Bank (HDFC Bank)
The Reserve Bank of India (RBI) has recently removed all restrictions on HDFC credit cards. The bank can now launch new credit cards. In the last five years, HDFC’s stock has given a return of 102.82 percent to its shareholders. On Wednesday, March 15, 2022, HDFC’s stock gained 1.54 percent and closed at Rs 1,445 (HDFC Bank Share Price).
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IRCTC
IRCTC stock has given a return of 392.30 percent to investors in the last 4 years. On Wednesday, March 15 also, the company’s stock registered a rise of 1.42 percent and it closed at Rs 767.15 (IRCTC Share Price). Railway Board has recently given approval to Zonal Railways to open food plazas, fast food units and multi cuisine restaurants. Experts say that the impact of this move will be on the share of IRCTC and further increase in this stock can be seen.
(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 is not responsible for any profit or loss caused by you. Will happen.)
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Tags: stock market, Stock tips
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