The Budget session for 2016-17 will going to be start soon. Here we have brought some high returnable stock to buy during this budget session. These stock tips will give you memorable returns in short term trading.
Jain Irrigation is been in buying bucket of most of the the big market players. Jain Irrigation was successful in raising Rs 7.9 billion via equity in parent and stake sale in food processing business. So we recommend to Buy it for short term target of Rs. 100
Voltas is also been in buying side in last 2 trading session where all stocks were declined. Voltas’ Q3FY16 result saw sharp uptick in revenue ahead of consensus estimates driven by strong execution (up 60%) in electro-mechanical projects & services segment (EMPS) led by its international projects.
We suggest to Buy Voltas for a Target price of Rs. 291.
We are positive on IOCL’s long term prospects. We maintain a buy rating on the stock with a target price of Rs 442.