4 Mid-Cap Multibagger Stocks Get Buy Call For Return Up To 34%: HDFC Securities

HDFC Securities has suggested investors to buy the stock of Aster DM Healthcare, Bharat Dynamics, Sonata Software, and Kajaria Ceramics Ltd. If investors buy the stocks at their current market price, they can get potential return up to 34%. Check key takeaways below:

1. Sonata Software Ltd

The last trading price of Sonata Software Ltd is Rs 507 crore with 52-week high at Rs 772 apiece and 52-week low at Rs 457 apiece, respectively. The mid cap company has a market capitalisation of Rs 7,111 crore.

HDFC Securities has given buy rating to Sonata with a target price of Rs 680 apiece and a potential return of 34%.

The stock has given multibagger returns of 330% in the last 5 years and 117% in the last 3-years. The company came into existence in 1994 and operates in IT Software sector.

It has emerged a trusted partner of world leaders in the retail, manufacturing, distribution, travel, services and software industries.

2. Kajaria Ceramics Ltd

The last trading price of Kajaria Ceramics is Rs 1111 apiece with 52-week high at Rs 1379 and 52-week low at Rs 886 apiece, respectively. The company has a market capitalisation of Rs 17,695 crore.

HDFC Securities has given buy rating to Kajaria with a target price of Rs 1360 apiece and potential return of 22%.

The mid-cap company was incorporated in 1985 and operates in Building Materials sector. The stock has given multibagger returns to investors with 3 years return at 101%.

The company declared consolidated total income of Rs 1016 crore as on June 30, 2022, up 8% from previous quarter total income of Rs 1108 crore.

 

3. Aster DM Healthcare Ltd

The last trading price of the stock is Rs 246 apiece with an intraday decline of 1.26%. HDFC Securities has given buy rating to Aster DM Healthcare with target price of Rs 278 apiece and a potential return of 13%.

The stock has given multibagger return of 108% in last 3 years. It has a market capitalisation of Rs 12,332 crore.

Aster DM Healthcare Ltd is a mid-cap company and came into existence in 2008. It operates in Hospitals & Allied Services sector.

The company declared consolidated total income of Rs 2699 crore for the quarter ended June 30, 2022, down 1.83% from last quarter total income of 2749 crore.

Disclaimer

The stocks have been picked from the brokerage report of HDFC Securities. Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before making any investment decision.