Stocks To Buy, Sept 11: Geojit Lists 2 Large, Mid Cap Stocks Showing Potential To Surge

Brokerage firm Geojit has recommended investors to buy 2 stocks on Monday showing potential to soar. These two stocks are V-Guard Industries Ltd and Cholamandalam Investment and Finance Company Ltd. Asia-Pacific markets were largely down, as significant economic data from major nations took center stage. India will reveal its August inflation and industrial output numbers on Tuesday, while China will report its industrial output, retail sales, and, most importantly, house sale prices on Friday, said the analyst.

Buy V-Guard Industries Shares: Geojit has assigned buy call to V-Guard Industries share with target price of Rs 323-330 per share. The analyst has recommended investors to keep the stoploss at Rs 309 apiece. Current market price of V-Guard Industries stock is Rs 316.15 per share with intraday gain of 0.13% on BSE.

Its 52-week high price is quoted at Rs 335.35 per share and 52-week low price is Rs 229.40 per share, respectively. The company has a market capitalisation of Rs 13,705.99 crore. V-Guard Industries shares offered return of 23% in last 1-year, gained 28% in last 6-months, soared 32% in last 1-year, and rallied 88% in last 3-years. In last 10-years, V-Guard Industries stock jumped 757% when Sensex gained 234%.

Buy Cholamandalam Investment and Finance Company: The analyst has recommended buy call to Cholamandalam Investment share with target price of Rs 1195-1220 and asked to keep the stoploss at Rs 1149 apiece. Current market price of Cholamandalam Investment stock is Rs 1171.95 per share with intraday fall of 0.52%. Its 52-week high price is Rs 1214.60 per share and 52-week low price is Rs 658.00 per share, respectively. The company has a market capitalisation of Rs 96,352.99 crore.

Cholamandalam Investment stock offered shareholders return of 56% in last 6-months, 49% rally in last 1-year, 106% gain in last 2-year, and an attractive return of 422% in last 3-years only. The stock jumped 2608% in last 10-years.

Disclaimer

The stocks have been picked from the brokerage report of Geojit Financial Services Limited. 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.