27 Jul 2021, 10:24 AM IST
Whereas shares on which the whole Road is bearish on are tough to seek out throughout a bull market as ferocious as the present one, ETMarkets.com waded by way of a number of analyst studies to dig out 5 shares the place the consensus opinion is probably the most bearish. The record contains some well-known bear trades available in the market, whereas it additionally threw up some shocking names.
The electrical gear maker is maybe probably the most shocking identify on the record given the optimism that buyers have proven on its prospects over the previous 12 months. Of the 20 analysts which have protection on the scrip, 84 per cent carried a “promote” score whereas one other two had an “underperform” stance. The consensus worth goal on the inventory at the moment stands at Rs 34, greater than 50 per cent decrease than the present worth.
One other shocking contender on the record is that this paint business main. Berger Paints has been beating the chances and expectations of the analysts neighborhood over the previous 12 months because the inventory has risen over 60 per cent. But, 80 per cent of the analysts masking the scrip maintain a “promote” name on the inventory and a worth goal that’s 26 per cent under its present market worth.
The presence of this YES Financial institution on this record received’t shock many. The lender, who’s attempting to show round itself after being pulled again from the jaws of chapter, is but to persuade each analysts and the Road of its potential. As many as 58 per cent of analysts have a “promote” score on the inventory.
YES Financial institution
Some are satisfied Thermax might be one of many main beneficiaries of the anticipated turnaround in India’s energy sector post-COVID. Analysts masking the inventory aren’t that satisfied, no less than not but. Of the 25 analysts which have protection, 14 have a “promote” score on the scrip and an extra three have an “underperform” stance. Analysts imagine the inventory’s appropriate truthful worth is at Rs 1,110, 23 per cent under its present worth.
No record of bearish bets on Dalal Road may be full with out the struggling telecom operator. Shares of Vodafone Concept have gone nowhere over the previous 12 months as buyers nonetheless discover it exhausting to imagine within the firm’s capacity to not go underneath. Analysts be in agreement as eight out of 17 masking the inventory have really useful purchasers to “promote” it and an extra three have given an “underperform” score. The inventory has the most important draw back potential after BHEL in the whole Nifty 500 pack.
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