Here is a list of Dolat Capital’s top ten stocks to beat volatility in markets for a period of 12 months:
The brokerage firm do believe that the economy and cyclicals may have seen the worst of troughs in this cycle, however any meaningful recovery in our opinion is only likely during FY16.
What we are more curious to estimate is the pace of growth on the recovery mode, and how much can it justify the current valuations. And that will be significantly influenced by the political situation post May elections.
The key indices remain at the similar levels having corrected post the state election results rally. At 13xFY15, the brokerage firm believe we are in the perfect centre and could swing either ways 15-20 per cent next few months.
| Company | Target Price |
Market Price |
Brokerage | Upside Potential |
| Gulf Oil Corp | 153 | 93 | Dolat Capital | 65% |
| IGL Ltd | 345 | 253 | Dolat Capital | 36% |
| Karur Vysya Bank | 410 | 314 | Dolat Capital | 31% |
| Bank of Baroda | 680 | 537 | Dolat Capital | 27% |
| Pidilite Industries | 350 | 285 | Dolat Capital | 23% |
| OFSS | 3750 | 3075 | Dolat Capital | 22% |
| Hero MotorCorp | 2274 | 1951 | Dolat Capital | 17% |
| Hindustan Unilever | 635 | 554 | Dolat Capital | 15% |
| Berger Paints | 235 | 210 | Dolat Capital | 12% |
| Balkrishna Industries | 452 | 412 | Dolat Capital | 10% |
| Wealth18.com |
Disclaimer – Views and recommendations expressed in this section are Dolat Capital’s own and do not represent those of Wealth18.com. Please consult your financial advisor before taking any position in the stocks mentioned