These 4 Stocks Will Generate Good Earnings in 2022

Amidst the volatility in the market last year, investors have got good returns. Nifty gave returns of more than 23 per cent. The strong performance of the market is expected to continue in 2022. Ruchit Jain, Lead Research Analyst, brokerage firm FivePaisa.com has given an investment advice on 4 stocks on the technical update for 2022. These stocks can give a return of 16 per cent this year.

ICICI Bank Ltd

Have given investment advice on the share of ICICI Bank Limited with a target of Rs 810. In terms of current price of Rs 740, a return of Rs 70 per share or about 9 per cent can be given. Buying range is Rs 740-730. It is advisable to keep the stop loss at Rs 698.

Hero Motocorp Ltd

Have given investment advice on Hero MotoCorp Ltd share with a target of Rs 2650-2750. At the current price of Rs 2,465, a return of Rs 285 per share or about 11 per cent can be given. Buying range is Rs 2350-2300. It is advised to keep stop loss at Rs 2150.

CCL Products (India) Limited

Advised to invest on CCL Products Limited share with a target of Rs 470-480. In terms of current price of Rs 429, a return of Rs 51 per share or about 12 per cent can be given. The buying range is Rs 425-420. It is advisable to keep the stop loss at Rs 398.

Larsen & Toubro Limited

Have given investment advice on the share of Larsen & Toubro Limited with a target of Rs 2200. At the current price of Rs 1,896, a return of Rs 304 per share or about 16 per cent can be given. Buying range is Rs 1870-1850. It is advised to keep stop loss at Rs 1735.

(Note: The current price of the shares is as on December 31, 2021.)

(Disclaimer: The investment advice here is given by the brokerage house. These are not the views of Tax Concept. Please consult your advisor before investing.)