Stock Tips: Motilal Oswal suggests investing in consumer stocks for up to 17% return

Consumer stocks are considered the safest investment in the stock market, and Motilal Oswal has suggested five such stocks that could yield up to 17% return on current prices. These stocks include Hindustan Unilever Limited (HUL), ITC, Dabur India, Tata Consumer Products, and Emami. Here are the target prices for each of these stocks:

– HUL: Motilal Oswal recommends investing in HUL at current levels of Rs. 2715.15 with a target price of Rs. 3010, which is an upside of 11%.
– ITC: Motilal Oswal suggests investing in ITC at current levels of Rs. 443.80 with a target price of Rs. 485, which is an upside of 9%.
– Dabur India: Motilal Oswal recommends investing in Dabur India at current levels of Rs. 556.15 with a target price of Rs. 595, which is an upside of 7%.
– Tata Consumer Products: Motilal Oswal suggests investing in Tata Consumer Products at current levels of Rs. 822.55 with a target price of Rs. 910, which is an upside of 11%.
– Emami: Motilal Oswal recommends investing in Emami at current levels of Rs. 394.10 with a target price of Rs. 460, which is an upside of 17%.

HUL, the largest FMCG company in India by market cap, has seen a 2% rise in its stock price this month. Motilal Oswal has set a target price of Rs. 3010 for HUL, which is an upside of 11% from current levels.

ITC, the sixth largest company in India by market cap, could yield over 9% return on current prices, according to Motilal Oswal. Its stock closed at Rs. 443.80 on BSE today, up by 0.24%.

Dabur India’s stock closed at Rs. 556.15 on BSE today, up by 1.64%. Motilal Oswal recommends investing in Dabur India at current levels with a target price of Rs. 595, which is an upside of 7%.

Tata Consumer Products, the company that sells tea and coffee under the Tata Group, closed at Rs. 822.55 on BSE today, up by 3.90%. Motilal Oswal has set a target price of Rs. 910 for Tata Consumer Products, which is an upside of 11% from current levels.

Emami’s stock closed at Rs. 394.10 on BSE today, down by 0.11%. However, Motilal Oswal has set a target price of Rs. 460 for Emami, which is an upside of 17% from current levels.

Disclaimer: The advice or views mentioned on Moneycontrol.com are of the experts/brokerage firms and are their own personal opinions. The website or management is not responsible for them. Users are advised to always consult a certified expert before making any investment decision.

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