Stocks To Hold, Accumulate: Prabhudas Lilladher Gives Hold, Accumulate Call To 2 Large Cap Stocks

Leading brokerage firm, Prabhudas Lilladher has assigned hold and accumulate call to 2 stocks. These stocks are Titan Company Ltd and Marico Ltd. These are large cap companies. The analyst has recommended investor to accumulate Titan Company and Hold Marico. Check key takeaways below:

1. Accumulate Titan Company Ltd

Prabhudas Lilladher has given accumulate rating to Titan Company with a target price of Rs 2875 apiece.

Stock Outlook: The current market price of Titan Company Ltd is Rs 2741 apiece with an intraday decline of 0.95%. The 52-week high is Rs 2790 apiece and 52-week low is Rs 1827 apiece, respectively.

Market Capitalisation: The large cap company has a market capitalisation of Rs 2,43,426.53 crore.

Return: The stock has given multibagger returns to investors with 5-years return at 263%, 3-years return at 132%, and 1-year return at 13%.

About The Company: Titan Company Limited (Titan) Journey began in 1984 as a joint venture between the TATA Group and Tamil Nadu Industrial Development Corporation (TIDCO). Started with an objective to create a Titan watch for everyone has now grown to be the fifth largest integrated watch manufacturer in the world, according to its official website.
Titan has expanded into underpenetrated markets and created lifestyle brands across different product categories. Titan is widely known for transforming the watch and jewellery industry in India and for shaping India's retail market by pioneering experiential retail.

2. Hold Marico Ltd

Prabhudas Lilladher has recommended investors to hold Marico with a target price of Rs 543 apiece.

Stock Outlook: The current market price of Marico is Rs 504 apiece with an intraday decline of 6.39%. The stock's 52-week high is Rs 566 apiece and 52-week low is Rs 455 apiece, respectively.

Return: The large cap company operates in FMCG sector. The stock has given a return of 63% in last 5-years and 37% in last 3-years.

Market Capitalisation: The company has market capitalisation of Rs 65,281 crore.

About The Company: Marico is one of India's leading consumer products companies in the global beauty and wellness space. Marico touches the lives of 1 out of every 3 Indians, through its portfolio of brands such as Parachute, Saffola, Saffola FITTIFY Gourmet, Saffola ImmuniVeda, Saffola Mealmaker, Hair & Care, Parachute Advansed, Nihar Naturals, Mediker, Coco Soul, Revive, Set Wet, Livon and Beardo and Just Herbs, according to its official website.

Disclaimer

The stock has been picked from the brokerage report of Prabhudas Lilladher. 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.