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News Topical, Digital Desk : This week, there have been several investment recommendations in the stock market. Some of these companies have high targets. In two such investment recommendations received during the week, the investment target is between 30 and 40 percent. This recommendation has been given for PN Gadgil Jewellers and Gabriel India. Before taking any investment decision, keep an eye on the brokerage report or take advice from an expert.
PN Gadgil Jewellers
Motilal Oswal has issued a buy advice on PN Gadgil Jewellers. This report was released on 8 July. The report has given a target of 825 for the stock. The stock closed at 588 on Friday. That is, from here the stock is expected to rise by 40 percent. Let us tell you that the advice has been given at the level of 604. The report said that due to the rise in gold prices in the first quarter, there was a slowdown in demand. The company's management hopes that there will be stability in the price of gold going forward and the demand may remain better in the festive season with Raksha Bandhan and Ganesh Chaturthi. The company is continuously increasing its retail footprint, this can also help the company's sales.
Gabriel India Anand Rathi has issued a buy advice on the stock in its report released on 7 July. The brokerage house has given a target of 1400 for the stock. In Friday's session, the stock closed at 1083. That is, the stock is expected to rise by about 30 percent from here. The advice has been given at the level of 952. According to the report, the consolidation of group companies in Gabriel is expected to simplify the group structure and bring the corporate structure in one direction, which will benefit the company greatly in the future. According to the report, amid better valuation, Gabriel India can play a very important role in the future growth of the entire group
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