Motilal Oswal Discovers 5 Retail Stocks With A 45% Profit for Titan To Raymond

Five firms in the retail sector have been recognized by Motilal Oswal as having appealing values and the potential for sizable returns in its most recent Preview Report. According to the domestic brokerage business, if these retail equities were purchased at their present levels, they would provide a sizable profit of 45%. Raymond, Titan, Campus Activewear, V-Mart Retail, and Avenue Supermarts are the stocks that are advised. These investments are advertised as being in a position to provide the highest returns. An summary of these stocks is given below:

Campus Activewear Ltd.

Over the last year, the share value of midcap footwear firm Campus Activewear has seen a dramatic change. Shares were valued at Rs 640 on October 19. The share price of the corporation, however, fell by 56% in a year, reaching a low of Rs 282.15 on October 9, 2023. Campus Activewear’s stock gets a “Buy” rating from Motilal Oswal with a target price of Rs 335 per share and the potential for a return of up to 30%. The company’s market capitalization as of right now is Rs 8,930 crore.

Titan

Rekha Jhunjhunwala, a well-known investor, supports Titan, a Tata Group firm, and she has a sizeable 5.36 percent investment in the business, or 47,595,970 equity shares. Titan has received a “Buy” recommendation from the brokerage company, with a target price of Rs 3,795 per share. From current market levels, this target price represents a 15% rise. The stock has already had a significant rise of 22% since 2023.

Avenue Supermarts

Avenue Supermarts, which runs the DMart grocery chain, is anticipated to post increased earnings. Radhakishan Damani promotes the retail chain, which focuses on providing necessary personal and household goods in various marketplaces. Shares of Avenue Supermarts were trading on the BSE at Rs 3,932.75 apiece as of October 13, 2023. Notably, since the epidemic began in 2020, the firm has seen amazing sales increase of 202.21 percent.

V-Mart

In its research report, Motilal Oswal assigned V-Mart Retail a “Buy” rating and set a target price of Rs 2740. The stock lost more than 39% of its value in only one year, going from a peak of Rs. 3,161.95 on October 31, 2022, to a low of Rs. 1,925.05 on October 13, 2023. V-Mart is a small-cap family-run retail clothing business.

Raymond

A textile business named Raymond recently seen a 1% fall in the price of its shares, which are now trading at Rs 1795.95. However, this decline is seen as a good time to make an investment. The target price in the brokerage report is Rs 2600, which represents a significant rise from the current level of 45%.