Top 5 stocks for positional traders with potential returns of up to 62%
Stocks to Buy: Auto stocks are witnessing an upward trend following the reduction in GST rates. According to experts, lower GST on vehicles and their components is expected to boost demand in the auto sector, which could lead to new orders for companies. In this context, brokerage firm PL Capital has given a positional call on five auto ancillary stocks. These include Menon Bearings, NRB Bearings, Timken India, SKF India, and Schaeffler India.
Stocks to Buy: Auto stocks are witnessing an upward trend following the reduction in GST rates. According to experts, lower GST on vehicles and their components is expected to boost demand in the auto sector, which could lead to new orders for companies. In this context, brokerage firm PL Capital has given a positional call on five auto ancillary stocks. These include Menon Bearings, NRB Bearings, Timken India, SKF India, and Schaeffler India.
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