Motilal Oswal gave a ‘Buy’ recommendation on the company’s stock with a target price of Rs 125 indicating a potential upside of approximately 27 percent compared to the prevailing stock price levels.
IDBI Capital gave a ‘Buy’ recommendation on the company’s stock with a target price of Rs 180 indicating a potential upside of approximately 30 percent compared to the prevailing stock price levels.
Prabhudas Lilladher gave a ‘Buy’ recommendation on the company’s stock with a target price of Rs 392 indicating a potential upside of approximately 33 percent compared to the prevailing stock price levels.
Emkay Global gave a ‘Buy’ recommendation on the company’s stock with a target price of Rs 9,000 indicating a potential upside of approximately 34 percent compared to the prevailing stock price levels.
Emkay Global gave a ‘Buy’ recommendation on the company’s stock with a target price of Rs 2,600 indicating a potential upside of approximately 37 percent compared to the prevailing stock price levels.
The Indian Benchmark Indices closed in the red on Friday with the Sensex slipping around 610 points and closing at 73,730.16 and the Nifty 50 index slipping around 150 points and closing at 22,419.95.
On a contrasting note, the indices have shown some positive movements with the Sensex gaining approximately 0.58 percent and the Nifty 50 index increasing by around 0.78 percent.
Listed below are six stocks that one should add to their portfolio for a potential upside of up to 50 percent:
With a market capitalization of Rs 11,246.73 crores, the stocks of Equitas Small Finance Bank Limited, offering banking products and services with a focus on serving the underserved customer segments in India, closed at Rs 99.10 on Friday, slipping around 0.10 percent compared to the previous closing levels of Rs 99.16 apiece.
Note: If you want to learn Candlesticks and Chart Trading from Scratch, here’s the best book available on Amazon! Get the book now!
Motilal Oswal gave a ‘Buy’ recommendation on the company’s stock with a target price of Rs 125 indicating a potential upside of approximately 27 percent compared to the prevailing stock price levels.
With a market capitalization of Rs 4,337.70 crores, the stocks of DCB Bank Limited, a new-gen private sector Bank, closed at Rs 138.65 on Friday, gaining around 1.60 percent compared to the previous closing levels of Rs 136.45 apiece.
IDBI Capital gave a ‘Buy’ recommendation on the company’s stock with a target price of Rs 180 indicating a potential upside of approximately 30 percent compared to the prevailing stock price levels.
With a market capitalization of Rs 16,579.35 crores, the stocks of Gujarat State Petronet Limited (GSPL), primarily engaged in the transmission of Natural gas through pipelines, closed at Rs 293.85 on Friday, gaining around 0.30 percent compared to the previous closing levels of Rs 293.15 apiece.
Prabhudas Lilladher gave a ‘Buy’ recommendation on the company’s stock with a target price of Rs 392 indicating a potential upside of approximately 33 percent compared to the prevailing stock price levels.
With a market capitalization of Rs 4.17 lakh crores, the stocks of Bajaj Finance Limited, engaged in the business of lending with a diversified portfolio across retail, commercial, and SME customers, closed at Rs 6,729.85 on Friday, slipping around 8 percent compared to the previous closing levels of Rs 7,293.90 apiece.
Emkay Global gave a ‘Buy’ recommendation on the company’s stock with a target price of Rs 9,000 indicating a potential upside of approximately 34 percent compared to the prevailing stock price levels.
With a market capitalization of Rs 20,974.81 crores, the stocks of Cyient Limited, an Indian multinational technology company focused on engineering, data analytics, operations, networks, etc, closed at Rs 1,891.50 on Friday, slipping around 1.20 percent compared to the previous closing levels of Rs 1,915 apiece.
Emkay Global gave a ‘Buy’ recommendation on the company’s stock with a target price of Rs 2,600 indicating a potential upside of approximately 37 percent compared to the prevailing stock price levels.
With a market capitalization of Rs 81,438.49 crores, the stocks of ICICI Prudential Life Insurance Company Limited, engaged in the business of providing life & health insurance products, pensions, etc to individuals and groups, closed at Rs 565.25 on Friday, gaining around 0.40 percent compared to the previous closing levels of Rs 563.20 apiece.
Motilal Oswal gave a ‘Buy’ recommendation on the company’s stock with a target price of Rs 840 indicating a potential upside of approximately 49 percent compared to the prevailing stock price levels.
Written by Amit Madnani
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
