With this new journey of 2020, you can boost up your wealth just by investing in the top 5 stocks companies.
No worry, your “WealthBhai” is here to assist you in boosting your wealth. Be with us, we inform you about new opportunities to earn more. Just invest without thinking too much, it’s the correct time to earn more. Getting more curious to know about the “name of the companies”.
So let’s get started with the major information about the top 5 companies that are performing well in the stock market of 2020 are:-
1. Hindalco
Hindalco is one of the leading industries in aluminum and copper with a turnover of US $18.7 billion. It has different branches in 10 countries outside India. With the current market price of INR 218 and the buying range is INR 210-218. The target of this stock is about INR 260-280 with a 20% upside and stop-loss at INR 192.
2. Tata Motors
Tata Motors is one of the leading automobile manufacturing companies with a turnover of US $45 billion. Around 12,74,072 vehicles are sold and 1945 branches are established. The current market price of the stock is INR 183 and the buying range is INR 177-183. The target of this stock is INR 215-225 with an 18% upside and stop-loss at INR 165.
3. PVR
PVR is the largest film entertainment(Movie Theatre) company in India, founded by Ajay Bijli in January 2000. This company generates revenue of around $31,187 million. The current market price of the stock is INR 1903 and the buying range is INR 1860-1905. The target of this stock is INR 2200 with a 15% upside and stop-loss at INR 1795.
4. MFSL
MFSL Deals in hospital and medical service plans sector. The current market price of the stock is INR 540 and the buying range is INR 520-540. The target of this stock is INR 640-670 with a 19% upside and stop-loss at INR 490.
5. City Union Bank
City Union Bank is one of the leading scheduled commercial banks in the private sector with 600 branches and 1621 ATMs installed all over India. The current market price of the stock is INR 235 and the buying range is INR 230-235. The target of this stock is INR 275 with a 17% upside and stop-loss at INR 215.
Contact our financial advisors for more information related to the above mentioned well-performing top 5 companies in the stock market.
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