2018 was quite a dull year for investors as it is getting difficult to look for investment theme for a long term. Here are few stocks which could give investors a direction and where they can move their funds for long & short-term investments.
1. CDSL
BUY Price: 282-290
Return: 17%
Target: 330/350
SL: 260
CDSL is a subsidiary of BSE. It received an overwhelming response during IPO and it got listed at 67% premium. It also made 52 weeks at Rs. 486. Presently it trades around Rs 282. Recently the government announced that shares of unlisted companies should be in the demat format in order to uplift the corporate veil.
2. Reliance Industries:
Buy Price: 930-940
Return: 7%
Target:1000
SL: 900
Reliance Jio Infocom, company subsidiary is in limelight for a long time. JIO started with giving away lucrative free plans to its new customers. Company stand with a top-notch competition with Bharti Airtel, Vodaphone. As of March 18, JIO Infocomm holds 15.3% of subscriber market share. JIO added 87.4 Lakh subscribers in February.
Recently, JIO has also started its broadband services and they will be going to expand in tier 1 & tier 2 cities. Therefore Reliance seems to be the good bet for short and long term.
3. Tata Motors:
Buy Price: 285-295
Return: 10%
Target: 320/340
SL: 260
The company stock has been in the downtrend for a long time & recently touched 52 weeks low at 282. Auto sales of the company were quite subdued for a year now, in passenger segment (domestic market). In 2018 the company has launched new models to cater demands in passenger segment (Tiago & Tigor). The company is getting the good response from the market and has recorded 18% growth at 11,516 units.
Source:
CDSL: Unlisted companies have to demat shares
Reliance: Reliance Jio Adds Highest Monthly Subscribers In A Year
Tata Motors: Tata Motors continues sales growth in May
Tata Motors Passenger Vehicle Sales Grow By 61 Per Cent