Best Stocks to Consider for a 6-12 Month Investment at Current Prices

Investing in the stock market always comes with its inherent risks, but with the right picks, you can maximize your returns. Here are some stocks that are currently showing strong potential for a 6-12 month investment horizon.

1. DILIP BUILDCON

DILIP BUILDCON is a clear beneficiary of the upcoming Bharat-Mala project, which is expected to significantly increase its order book. The company currently has an impressive order book worth close to 15,000 crore. At its current price of 989.80, DILIP BUILDCON could see a target price of 1350 in the short term and potentially reach up to 2000 in the long term.

Key Points:

Upcoming Bharat-Mala project beneficiary Closed to 15,000 crore order book Target price: 1350 (short term), 2000 (long term)

Disclaimer: Please consult your financial adviser before making any investments. The author is not liable for any loss or damage.

2. SADBHAV ENGINEERING

Sadbhav Engineering is set to benefit from the upcoming road sector opportunities. With a debt to equity ratio of 0.6, the company appears financially healthy. It is also supported by a strong holding by FII and DII, with 16.6% and 25.5% respectively. However, the stock has recently hit a new 52-week high, and there may be some correction in the near future. Therefore, I would recommend waiting for some correction before entering the market.

Key Points:

Huge opportunity in the upcoming road sector Debt to equity ratio: 0.6 FII and DII holdings: 16.6% and 25.5% respectively Target price: 490

Disclaimer: Please consult your financial adviser before making any investments. The author is not liable for any loss or damage.

3. YES BANK

YES BANK, one of the largest private banks in India, is a strong contender for a long-term investment. The bank has a robust growth trajectory, excellent asset quality, and strong management, supported by a significant FII holding. Recent Non-Performing Asset (NPA) issues were not severe and have been addressed. The current price of 315.15 suggests a target price of 390 in the short term, with a potential to exceed 400 in the long term.

Key Points:

Largest private bank in India Robust growth, excellent asset quality, strong management FII holdings: support long-term growth Recent NPA issues addressed Current price: 315.15 Target price: 390 (short term), 400 (long term)

Disclaimer: Please consult your financial adviser before making any investments. The author is not liable for any loss or damage.

Additional Picks

Here are a few more stocks that show promise at current prices:

1. FEDERAL BANK

At 108.50 per share, Federal Bank is showing strong potential, with a target price of 145.

2. HDFC STANDARD LIFE INSURANCE COMPANY LTD

Aiming for a price increase to 470, this insurance company has the potential to significantly grow in the next 12 months.

3. INTERGLOBE AVIATION

With a current price of 1205.50, InterGlobe Aviation is poised to reach a target price of 1500.

For those planning to build a portfolio for the next year, you might also consider:

HCL Infosys Dabur India ITC DMart Jamna Auto Meghmani Organics

These stocks are currently part of my portfolio and are showing promising signs for the near future.

Disclaimer: Stock market investments are subject to market risks. The above-mentioned views are my own. Please consult your financial adviser before making any investments. The author of this answer is not liable for any loss or damage.