Estimates of Outstanding Returns On These 5 Stocks

The Earning Season continues for the December quarter. The results of many companies in the first phase of the season have been better than the estimates. Infosys, TCS, IndusInd Bank, South Indian Bank, ITC, HUL, Karnataka Bank and PC Jewelers have shown better results. Outlook has become better for some companies with recovery in Earning. Experts and brokerage houses have trusted the stocks of such a few companies and advised them to invest in them. We are giving information of 5 such stocks here, in which there is an estimated return of returns.

Which stocks can get good returns

South Indian Bank

The results of South Indian Bank have been better than estimates. The loan growth of the bank has been strong and asset quality remains good. The bank is focusing on strengthening its balance sheet by focusing on the Retail Segment. During the third quarter, South Indian Bank's Gross NPA decreased from 3.57 percent to 3.4 percent and net NPA decreased from 2.57 percent to 2.35 percent. This is a better sign. Both the income and profits of the bank have increased. Brokerage house Elvis has set a target of Rs 44 in the stock. In the current price of 32 rupees, the share can get 38 percent returns.

Infosys

According to experts, the level of management has stabilized at the company, which was a concurrence. The results of Infosys have been better than expected. In the third quarter, the company's profits increased 38 percent. Revenue has also been positive and the company's guidance is also stable. Global level IT sector is recovering. For the future, the company is expected to have strong BFSI, retail and digital business. Brokerage house Motilal Oswal has set a target of Rs 1,250 and idlive 1250. The share price is expected to return 11 percent in the current price of 1143 rupees.

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