Stock recommendations are expert suggestions designed to guide investors in making informed decisions about buying, selling, or holding stocks. These recommendations are typically based on thorough market analysis, company performance, and other relevant factors.
A buy recommendation indicates that a stock is expected to increase in value, making it a good investment. This is usually due to positive market trends, strong company fundamentals, or other favorable conditions that suggest the stock will rise in price.
Here are a few stocks recommended by analysts with a high growth potential of up to 57 percent
1. HG Infra Engineering Ltd
HG Infra Engineering Ltd, founded in 2003 and headquartered in Jaipur, Rajasthan, is a leading civil engineering and infrastructure company in India. Specializing in Engineering, Procurement, and Construction (EPC) projects, the company focuses on highways, roads, bridges, metro, and railway infrastructure across multiple states.
Anand Rathi, a prominent brokerage firm, has recommended a “Buy” call on HG Infra Engineering Ltd with a target price of Rs. 1,749 per share, indicating an upside potential of 57 percent from its closing price of Rs. 1112.50.
2. Kolte-Patil Developers Ltd
Kolte-Patil Developers Ltd is a prominent real estate developer based in Pune, Maharashtra. Established in 1991, the company is known for its residential, commercial, and retail projects, emphasizing quality construction and innovative design. Kolte-Patil has a strong presence in Pune, Mumbai, and Bengaluru, and is recognized for its timely project delivery.
Motilal Oswal, a prominent brokerage firm, has recommended a “Buy” call on Kolte-Patil Developers Ltd with a target price of Rs. 560 per share, indicating an upside potential of 37 percent from its closing price of Rs. 408.10.
3. S Chand and Company Ltd
S Chand and Company Ltd is one of India’s largest educational publishing companies, founded in 1939 and headquartered in New Delhi. The company publishes textbooks and digital learning solutions for schools and colleges, serving millions of students across India.
Prabhudas Lilladher, a prominent brokerage firm, has recommended a “Buy” call on S Chand and Company Ltd with a target price of Rs. 286 per share, indicating an upside potential of 31 percent from its closing price of Rs. 218.15.
4. Indigo Paints Ltd
Indigo Paints Ltd, established in 2000 and based in Pune, is a fast-growing Indian paint manufacturer. The company produces decorative paints, emulsions, enamels, and primers, and is known for its innovative products and strong distribution network.
Motilal Oswal, a prominent brokerage firm, has recommended a “Buy” call on Indigo Paints Limited with a target price of Rs. 1,350 per share, indicating an upside potential of 27 percent from its closing price of Rs. 1062.60.
5. Star Cement Ltd
Star Cement Ltd is a leading cement manufacturer in Northeast India, with a strong presence in the region’s construction sector. The company operates modern cement plants and is known for producing high-quality cement used in infrastructure and housing projects.
Anand Rathi, a prominent brokerage firm, has recommended a “Buy” call on Star Cement Limited with a target price of Rs. 275 per share, indicating an upside potential of 27 percent from its closing price of Rs. 216.70.
6. ITC Ltd
ITC Ltd is a major Indian conglomerate headquartered in Kolkata, with diversified interests in FMCG, hotels, paperboards, packaging, agribusiness, and information technology. Founded in 1910, ITC is renowned for its strong brands in cigarettes, packaged foods, personal care, and other consumer products.
Sharekhan, a prominent brokerage firm, has recommended a “Buy” call on ITC Limited with a target price of Rs. 522 per share, indicating an upside potential of 24 percent from its closing price of Rs. 420.10.
Written by Sridhar J
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