{"id":1209,"date":"2025-08-02T19:20:51","date_gmt":"2025-08-02T19:20:51","guid":{"rendered":"http:\/\/tezgyan.com\/index.php\/2025\/08\/02\/profit-check-heres-why-brokerages-are-bullish-on-these-three-govt-stocks-business-news\/"},"modified":"2025-08-02T19:20:51","modified_gmt":"2025-08-02T19:20:51","slug":"profit-check-heres-why-brokerages-are-bullish-on-these-three-govt-stocks-business-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/08\/02\/profit-check-heres-why-brokerages-are-bullish-on-these-three-govt-stocks-business-news\/","title":{"rendered":"Profit Check: Here\u2019s Why Brokerages Are Bullish On These Three Govt Stocks | Business News"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"story-9479931\">\n<p><span class=\"jsx-730caffcddfd709\">Last Updated:<\/span><time class=\"jsx-730caffcddfd709\">August 02, 2025, 15:18 IST<\/time><\/p>\n<h2 id=\"asubttl-9479931\" class=\"jsx-e71bd712c195739a jsx-1815775399 asubttl-schema\">Stock Tips: Strong quarterly results and solid fundamentals have made Canara Bank, Indian Bank, and Bank of Baroda top picks among several brokerage firms.<\/h2>\n<figure class=\"jsx-e71bd712c195739a jsx-1815775399 amimg\"><img decoding=\"async\" alt=\"If you're looking to invest in profit-making stocks, three PSU banks might be worth considering. (News18 Hindi)\" title=\"If you're looking to invest in profit-making stocks, three PSU banks might be worth considering. (News18 Hindi)\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2021\/07\/1627283897_news18_logo-1200x800.jpg?impolicy=website&amp;width=400&amp;height=225\" loading=\"eager\" fetchpriority=\"high\" class=\"jsx-e71bd712c195739a jsx-1815775399\"\/><\/p>\n<p>If you&#8217;re looking to invest in profit-making stocks, three PSU banks might be worth considering. (News18 Hindi)<\/p>\n<\/figure>\n<p id=\"0\" class=\"story_para_0\">If you\u2019re on the lookout for profit-generating stocks, three PSU banks could be worth your attention. Strong quarterly results and robust fundamentals have made Canara Bank, Indian Bank, and Bank of Baroda top picks for several brokerage firms.<\/p>\n<p id=\"1\" class=\"story_para_1\">Brokerage house Motilal Oswal has given a \u2018Buy\u2019 rating to Canara Bank and Indian Bank, while HDFC Securities recommends investing in Bank of Baroda.<\/p>\n<h2>Canara Bank<\/h2>\n<p id=\"3\" class=\"story_para_3\">Motilal Oswal has advised buying Canara Bank shares, setting a target price of Rs 135. On Friday, the stock closed at Rs 105.90 on the NSE, nearly 15% below the target. According to the brokerage, Canara Bank posted a strong quarterly performance, with better-than-expected earnings. Net interest income (NII) remained steady, and expenses were kept under control.<\/p>\n<h2>Indian Bank<\/h2>\n<p id=\"5\" class=\"story_para_5\">Motilal Oswal has also issued a \u2018Buy\u2019 call for Indian Bank, which closed at Rs 621.50 on Friday. The brokerage projects a 16% upside. It notes that Indian Bank delivered healthy quarterly results. Loan growth outpaced deposit growth, slightly boosting the credit-deposit (CD) ratio. The bank\u2019s management expects its net interest margin (NIM) to remain between 3.15% and 3.3%, with a strong outlook for growth.<\/p>\n<h2>Bank of Baroda<\/h2>\n<p id=\"7\" class=\"story_para_7\">HDFC Securities recommends buying Bank of Baroda stock, assigning it a target price of Rs 290, around 21% higher than its current level of Rs 235. While the bank\u2019s latest results were slightly below expectations due to weaker fee income and rising credit costs, deposit growth stood at 10% year-on-year, though it dipped 2.5% quarter-on-quarter. The bank\u2019s NIM has been affected by its significant foreign loan portfolio (18%), but low credit costs and a strong customer base have helped it maintain better return ratios than its peers.<\/p>\n<div class=\"jsx-e71bd712c195739a jsx-1815775399 artcta\">Stay updated with all the latest business news, including <a href=\"https:\/\/www.news18.com\/business\/markets\/\">market trends<\/a>,\u00a0<a href=\"https:\/\/www.news18.com\/topics\/stocks-to-watch\/\">stock updates<\/a>,\u00a0<a href=\"https:\/\/www.news18.com\/business\/tax\/\">tax<\/a>, IPO,\u00a0<a href=\"https:\/\/www.news18.com\/business\/banking-finance\/\">banking finance<\/a>, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates\u2014only on News18. Also\u00a0<span data-olk-copy-source=\"MessageBody\">Download the\u00a0<a href=\"https:\/\/onelink.to\/eng-article-eop\">News18 App<\/a>\u00a0to stay updated!<\/span><\/div>\n<p><span class=\"jsx-e71bd712c195739a jsx-1815775399 coral-count-custom\">view comments<\/span><\/p>\n<div class=\"jsx-e71bd712c195739a jsx-1815775399 brdcrmb\"><a href=\"https:\/\/www.news18.com\/\">News<\/a>  <a href=\"https:\/\/www.news18.com\/business\/\">business<\/a>  <span class=\"brdout\"> Profit Check: Here\u2019s Why Brokerages Are Bullish On These Three Govt Stocks<\/span><\/div>\n<div id=\"coral-wrap\" class=\"jsx-9278cad478d6a6dc \">\n<div class=\"jsx-9278cad478d6a6dc coral-cont\">\n<div class=\"jsx-9278cad478d6a6dc coltoptxt\">Disclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our <a href=\"https:\/\/www.news18.com\/disclaimer\/\" class=\"jsx-9278cad478d6a6dc\">Terms of Use<\/a> and <a href=\"https:\/\/www.news18.com\/privacy_policy\/\" class=\"jsx-9278cad478d6a6dc\">Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\n<p><span class=\"jsx-e71bd712c195739a jsx-1815775399 rmbtn news18_read_more\">Read More<\/span><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.news18.com\/business\/profit-check-heres-why-brokerages-are-bullish-on-these-three-govt-stocks-ws-kl-9479931.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Updated:August 02, 2025, 15:18 IST Stock Tips: Strong quarterly results and solid fundamentals have made Canara Bank, Indian Bank, and Bank of Baroda top picks among several brokerage firms. If you&#8217;re looking to invest in profit-making stocks, three PSU banks might be worth considering. (News18 Hindi) If you\u2019re on the lookout for profit-generating stocks,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1210,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-1209","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/1209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=1209"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/1209\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/1210"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=1209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=1209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=1209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}