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If you want to invest in the stock market, a right advice can make you a millionaire. On the other hand, one wrong move can ruin you. In such a situation, before investing, invest only with the opinion of your market advisor. Brokerage firm Axis Securities has today issued a buy advisory in two such IT stocks, which can turn you from millionaire to millionaire in the near future.
The first name in this list is Koforge. On Friday, IT sector shares fell 1.48 percent to Rs. It closed at 4,931. The brokerage firm is confident of the company’s strong growth potential and expects the stock to reach Rs. 5,900 can reach. Therefore, the firm has a buy recommendation on it for this target price.
Apart from this, 15 out of 27 analysts have recommended buy. Out of these 15 analysts, 10 have a buy rating, 5 have a strong buy rating, six have a hold rating and the same number of analysts have a sell rating on Coforge stock.
Opinion on Indiamart Intermesh
Another stock in this list is Indiamart Intermesh. Axis Securities has set a price target of Rs 3625 on it. The firm sees many opportunities for growth in this. The stock closed down 1.82 percent at Rs 3,071.25 on Friday due to a fall in the stock market.
Apart from Axis, six out of 16 analysts have a strong buy rating on IndiaMART InterMESH. Whereas, 5 experts have a buy rating. Two market analysts have given a hold recommendation, while three have given a sell recommendation.