Nifty may attain 27,867 in one year, says Prabhudas Lilladher, bets on BEML, HDFC AMC
- Posted on October 16, 2024
- By Business News Today
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Nifty may attain 27,867 in one year, says Prabhudas Lilladher, bets on BEML, HDFC AMC
Prabhudas Lilladher has given a one-year target of 27,867 for Nifty at its 15-year average PE of 19.1x. The brokerage firm has conviction on stocks like BEML, Cyient, and HDFC AMC among others. The market has shifted in favor of defensive sectors like FMCG, IT Services, Pharma, and Consumer Durables.
