
News Topical, Digital Desk : Last week has raised expectations for investors in the stock market. The domestic market registered a rapid growth coming out of global uncertainty and the Nifty closed above the level of 25100. Market experts believe that if global signals improve, a new rally can be seen in the domestic markets. In such a situation, you can also keep an eye on such stocks on which the brokerage house has expressed confidence. This week, buy advice has come for 2 stocks included in the BSE Smallcap Index. You can also take advantage of this. You can invest in these stocks
Bansal Wire Industries
Anand Rathi has issued a buy advice on the stock. And has given a target of 550 for investment. This advice was issued on June 19. The stock is currently at the level of 381. That is, the stock can see a gain of more than 44 percent from here. The company is the largest steel wire manufacturer in the country. According to the report, the company is moving into high growth high margin products which will further improve the company's product portfolio as well as improve EBITDA margin. Apart from this, capacity expansion will also help the company. Gravita (India) Motilal Oswal has advised investing in the stock. A target of 2300 has been given for the stock. The stock is currently at the level of 1678. That is, the stock is expected to gain 37 percent from here. The company is in the recycling industry. According to the report, the availability of scrap has improved with the strictness in the rules. And this is expected to improve cash flow. With the help of the company's expansion plan, non-lead revenue can reach 30 percent of the total revenue by FY 2029.
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