Stock Market News Update: This Great Stock Will Soon Become Rocket! Gave More Than 100% Return in 6 Months, Export Said Buy it Quickly
Yuva Patrkaar, New Delhi : Last week has been great for the stock market. Sensex and Nifty (Sensex abd Nifty) have created new records almost every day. In such a situation, it is expected that by investing in the stock market, the full benefit of the boom can be taken. To get good returns from the stock market i.e. to earn money, a strong stock has been selected for purchase by market expert.
Along with this, he has also advised to invest in this stock. According to market expert, this stock short can be bet for a long time. Planning to invest money in the stock market or buy a good stock. Then you can include this stock in your portfolio.
Read More - Stock Market News: Know How Much Profit is Made in Share Market?
Add this stock to portfolio
The stock has been picked to buy by market expert. Its name is Refex Industries. According to experts, the company's job is to refill gas in refrigerators. That is, it makes gas. Apart from this, this company is also engaged in manufacturing environment friendly gas. If experts are to be believed, this stock can earn huge money in the long run.
Refex Industries – Buy
CMP – 533
Target Price – ₹570
Duration – 5-6 months
Read More - Why Are investors Selling Shares of Adani Power? Know What Experts Say About The Stock?
Why to buy this stock?
According to experts, over the past several quarters, promoters have further increased their stake in the company. Apart from this, the fundamentals of the company are also very good. The expert further added that the stock is currently trading at a PE multiple of 9-10. Also the company's return on equity is 46%. Its profit growth has been 46 to 47 percent in the last 3 years. And the sales growth has been 65 percent.
NOTE : Guy's YUVAPATRKAAR only gives you information about the stock market i.e. any company. It is not advised to make any kind of investment here. We are not a SEBI registered financial advisor. Our job is only to provide information, we do not give investment advice. Hence you should consult your financial advisor before investing and invest at your own risk.
Follow Us on Google News - Click For Latest News
