Two Small Cap Stocks giving upto 17% returns; check names of these Two Stocks
Shivani Bhati | Mar 21, 2022 |
Two Small Cap Stocks giving upto 17% returns; check names of these Two Stocks
Two small Cap sticks from different industries being labeled as must “Buy” for gains up to 17% in just 3 months of time.
Zensar Technologies
The small cap company is a technology consulting and services company with 10,000 associates in 33 global locations. The company’s focus is on conceptualizing, designing, engineering, marketing and managing digital products and experiences for high-growth companies. The company renders its services to industries such as Hi-tech, Manufacturing, Banking & Financial Services, Insurance, Consumer Services, Public Services and Healthcare. HDFC Securities in its research report suggest to ‘Buy’ the stock of Zensar for a target of Rs. 440, which at the current price of Rs. 376.9 will mean gains of 16.74%. The time horizon for the investment is suggested to be 3 months with a stop loss maintained at Rs. 334.
Angel One
This is another small cap company previously known as Angel Broking. The company is amongst the leading independent full-service retail broking house. The stock has corrected from its high scaled in October 2021 of Rs. 1689. Then in December, the stock found support at Rs. 990 and since then has strongly rebounded. During this week, the stock broke out of 1180-1380 range on the back of healthy volumes, indicating the stock is set to continue its intermediate uptrend. Further, weekly momentum readings like the 14-week RSI are picking up, which is encouraging. The Relative Strength Comparative indicator too is climbing higher, indicating the stock is likely to outperform the
In case of any Doubt regarding Membership you can mail us at [email protected]
Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"