Positional Stock Pick: Hemang Jani of Motilal Oswal has selected a stock from the footwear sector and has advised to invest in it. Money can be invested in this share for 1 year.
Positional Stock Pick: The Union Budget of the country will be presented on February 1 and before the budget a boost can be seen in many sectors and stocks.
In this connection, market experts are advising to bet on different stocks. This share can be bought from the perspective of 1 year.
Hemang Jani of Motilal Oswal has picked a stock from footwear sector and recommends investing in it. Money can be invested in this share for 1 year. This stock can make investors strong earnings in the next 1 year.
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Hemang Jani of Motilal Oswal has chosen Metro Brands with a one year perspective and has advised to invest in this stock. He further said that his view is very positive for the footwear sector. He further said that the growth in the footwear sector is very good.
What Does The Company Do?
The expert told that this company deals in premium footwear. Apart from this, the company has recently invested in Fila and Proline. Hemang Jani says that the stock of this company can achieve the estimated target price in 1 year.
Metro Brands - Buy
Target Price - 1050
Duration - 1 year
Metro Brands performance
Talking about the trading session of January 20, this stock is trading at the level of Rs.859. However, in today's trading session, this stock is seeing a decline of about 2 percent.
Talking about the performance of the last 1 month, the stock has seen a jump of up to 1.31 per cent. In the last 1 year, the stock has given a return of 41% in the investors' pocket and has given more than 80% return in 5 years.
Disclaimer: Stock investment advice given here are given by brokerage houses/experts. These are not the views of TradingNeu. Consult your advisor before investing.