Potential investors can benefit from growth potential by exploring the top 10 Nifty 500 companies that are currently trading at significant discounts from their 52-week highs. These companies include ACC Ltd., Aarti Industries Ltd., Aavas Financiers Ltd., Adani Enterprises Ltd., Adani Green Energy Ltd., Adani Power Ltd., Adani Total Gas Ltd., Adani Transmission Ltd., Adani Wilmar Ltd., and Aditya Birla Fashion and Retail Ltd. However, thorough research and analysis are essential before investing in the stock market, and consulting with financial advisors or experts is recommended to mitigate risks and maximize potential returns.
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Nifty 50 companies, including Apollo Hospitals Enterprise, Britannia Industries, ITC, NTPC, Nestle India, Titan Company, and UltraTech Cement, have reached their 52-week highs, highlighting their resilience, growth potential, and market leadership. These companies represent various industries, including healthcare, FMCG, power generation, cement manufacturing, and consumer goods, and offer potential investment opportunities for investors. However, investors should conduct thorough research and consider market trends and risk tolerance before making investment decisions, as past performance is not indicative of future results.
Investors may consider investing in companies trading near their 52-week lows to buy stocks at lower prices. The top 10 Nifty 500 companies currently trading near their 52-week lows include Aavas Financiers, City Union Bank, Jamna Auto Industries, Sunteck Realty, and Tamilnad Mercantile Bank. These companies offer potential investment opportunities in various sectors such as housing finance, banking, real estate, and manufacturing. However, investors must conduct thorough research and analysis before making any investment decisions and consider their risk tolerance.
Axis Securities has revised the Dec’23 Nifty target at 20,200 by valuing it at 20x on Dec’24 earnings, implying an upside of 9-10 per cent from the current levels