Centrum Broking Picks 2 Small-Cap, 2 Mid-Cap Stocks, Offering Return Up To 34%

Centrum Broking has chosen four stocks to buy for investors as these stocks signal further upside. The four stocks that have received buy call are La Opala RG Ltd, CCL Products India Ltd, Supreme Industries Ltd, and Cera Sanitaryware Ltd. According to Centrum broking, if you buy the stock, you can earn maximum return up to 34%.

Company	Potential Return
Supreme Industries Ltd	34%
Cera Sanitaryware Ltd	22%
La Opala RG Ltd	22%
CCL Products (India) Ltd	7%

Check key takeaways below pertaining to these stocks:

1. Supreme Industries Ltd

Centrum broking has raised buy call for Supreme Industries Ltd with a target price of Rs 2696 apiece. The stock is showing a potential return of 34.46%.

The current market price of Supreme Industries Ltd is Rs 2005 apiece with a 52-week high at Rs 2689 apiece and 52-week low at Rs 1668 apiece, respectively. The company has a market capitalisation of Rs 25,474 crore. The stock is presently trading at a discount of 25% from 52-week high level.

The stock has given a return of 83% in last 5 years and 67% in last 3 years. The large cap stock operates in Plastics sector and came into existence in 1942.

2. Cera Sanitaryware Ltd

Centrum Broking has assigned buy rating to Cera Sanitaryware with a target price of Rs 6725 apiece The stock is showing a potential to give a return of 22.29%.

The current market price of the stock is Rs 5499 apiece with 52-week high at Rs 6430 apiece and 52-week low at Rs 3518 apiece, respectively. The company has a market capitalisation of Rs 7153 crore. The stock has fallen 14.48% from 52-week high range.

In the last 5 years, it has given a return of 73% and in last 3 years the return is 123%.

The mid-cap stock operates in Building Materials and came into existence in 1998.

3. La Opala RG Ltd

Centrum Broking has assigned buy call to La Opala RG Ltd with a target price of Rs 442 apiece. The current market price of La Opala is Rs 363 apiece with 52-week high at Rs 487 apiece and 52-week low at Rs 241 apiece, respectively.

If you buy the stock at its current market price of Rs 363, it will fetch you a potential return of 21.76%. Currently the stock is trading a discount of 25.46% from 52-week high.

The company has a market capitalisation of Rs 4027 crore as of writing the report. The stock has given return of 112% in last 3 years and 38% in last 5 years.

The small cap company was incorporated in1987 and operates in Glass sector.

4. CCL Products (India) Ltd

Centrum Broking has given buy rating to CCL Products India Ltd with a target price of Rs 525 apiece. It is offering a potential return of 7.14% to investors.

The current market price of the stock is Rs 490 apiece with a 52-week high at Rs 542 apiece and 52-week low at Rs 315 apiece, respectively. Presently, the stock is trading at a discount of 9.59% from 52-week high.

It has a market capitalisation of Rs 6518 crore at 11:42 pm, on October 11, 2022. The stock has given a return of 106% in last 3 years and 56% in last 5 years.

The mid-cap company came into existence in 1961 and operates in Tea & Coffee sector.

Disclaimer

The stocks have been picked from the brokerage report of Centrum Broking. 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 taking any investment decision.