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Oil India is also rated 5 on average by 10 analysts. The average target price is Rs 647, showing a 53% upside potential from the current market price of Rs 424.
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High dividend yield stocks offer steady income and low volatility but may face risks like dividend cuts and limited growth potential.
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Indias stock market rebounded strongly, with Nifty crossing 25,000, boosted by geopolitical peace and the US-China trade deal. Analysts see further gains but advise selectivity. Defence, metals, and banking sectors show promise. Key stocks include HAL, Tata Steel, and ICICI Bank, amid mixed earnings and cautious optimism.
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