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10 stocks that could return up to 47% return in 1 year.
On the market front, volatility is expected to rise on D-Street and investors could make use of this volatility by buying into quality stocks on declines.
The Sensex rose marginally in May, ahead of a few crucial companies declaring their earnings for the March quarter, as well as the upcoming Karnataka assembly election.
Investment bank UBS said in a report that investors will consider the outcome of the Karnataka election (voting on May 12; results on May 15) to be a near-term indicator of sentiment on the political front.
As for the market, volatility is seen rising on D-Street and investors could use this volatility to buy quality stocks as and when they correct or dip.
"Going forward, we expect the Nifty to form a strong base in the broader range of 10,500–10,750 and eventually move out of the upper band of consolidation (10,750) to head towards 10,950 levels,
Dewan Housing Finance: Accumulate| Target: Rs730| Return 17%
Safari Industries: Buy| Target: Rs 720| Return 14%
HSIL: Buy| Target: Rs 510| Return 33%
Siyaram Silk Mills: Buy| Target: Rs 851| Return 29%
Maruti Suzuki : Buy| Target Rs 10,619| Return 21%
Bharat Electronics : BUY| Target Rs180| Return 35%
IRB Infrastructure Developers : BUY| Target Rs 270| Return 4%
ZEE Entertainment Enterprises: Buy| Target: Rs 680| Return 15%
Petronet LNG: Buy| Target Rs 320| Return 47%
Cipla: Buy| Target Rs685| Return 16%
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