Stock Tips: These shares can get you big earnings in 2022, see the complete list of favorite shares of HDFC Securities
Analysts of the brokerage firm believe that Sensex can go up to 62 thousand and Nifty-50 will remain between 185,00 to 19000.
In the year 2021, there has been a rally of 21 percent in the Sensex and Nifty. Concerns are being raised about valuations in the new year, but HDFC Securities has said that returns will be mild in Nifty and Sensex. Analysts of the brokerage firm believe that Sensex can go up to 62 thousand and Nifty-50 will remain between 185,00 to 19000. However, the brokerage firm has selected some such stocks, which can see a rally in 2022.
Aditya Birla Capital
It is a financial services company of Aditya Birla Group. This stock has increased by 31 percent in the year 2021 and is now trading at Rs 117. The company’s sales growth has increased by 15.3 percent and net profit by 21.6 percent. HDFC Securities says that Aditya Birla Housing Finance Limited continues to focus on the affordable house segment and has doubled its AUM in the last two years. However, due to the competition from its peer companies and the arrival of new companies, its business can be challenged. If the third wave of corona comes, then asset quality can be negatively affected.
HDFC Securities has pointed out that GAIL is looking to expand into petrochemicals, specialty chemicals and renewable energy to give further impetus to its core business. Its stock has increased by 6 percent in 2021 and is now trading at Rs 131. However, there are many challenges before the company. Volatility in oil and gas prices, hike in tariffs for existing pipelines and changes in regulatory norms could pose challenges to the company’s growth path.
Hindustan Zinc Limited ( HINDUSTAN ZINC LIMITED)
This year the stock has risen 32 per cent and is now trading at Rs 315 per share. It is one of the world’s largest zinc companies. It is the only zinc-lead and silver integrated plant in India. The Supreme Court has given permission to sell the remaining 29.5 percent stake of the Center in this. It is expected that its valuation will be good after disinvestment.
HDFC Securities says SBI is virtually free from risk on the liability front. In fact, it has a huge deposit base and the government has a majority holding in it. Hence, it is well positioned to address the issues arising out of asset quality. It is also in a better position than other banks in terms of preventing deterioration in the quality of the loan book. SBI shares have gained 66 per cent this year.
Tech Mahindra’s stock has gained 71.88 percent so far this year and is now trading at Rs 1680. HDFC Securities says that Tech Mahindra is in a very good position to expand its 5G network. The company is doing big deals and is engaged in expanding its service according to the customer.
Zee Entertainment Ltd
Zee has a strong position in the media and entertainment industry. With the confirmation of the merger with Sony, its market share has increased significantly. Now it will capture 25 percent of this market. After the merger, the financial position of the company will be very good. Due to digital business and sports rights, its shares may strengthen further. Zee’s shares have reached Rs 347. Its shares have increased by 54 percent this year.
Along with this, HDFC Securities has also expected a rally in the shares of Max Healthcare, Max Finance IPCA Lab.
(The stock recommendations given in the story are those of the respective research analyst and brokerage firm. Financial Express Online takes no responsibility for the same. Investments in capital markets are subject to risks. Please consult your advisor before investing.)
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