In the stock market, many investors are looking for strong growth opportunities as the economy improves and certain sectors perform better. ICICI Securities has identified seven promising stocks that show potential upside of up to 62 percent. These stocks are supported by strong fundamentals, positive analyst views, and steady recent performance, making them suitable for a balanced and diversified investment portfolio.
Here are a few stocks recommended by analysts with a high growth potential of up to 62 percent:
Suzlon Energy Limited
With a market capitalization of Rs. 79,461.80 crore, the shares of Suzlon Energy Limited were currently trading at Rs. 57.98 per equity share, rising nearly 0.73 percent from its previous day’s close price of Rs. 57.56.
ICICI Securities, a prominent brokerage firm, has recommended a “Buy” call on Suzlon Energy Limited with a target price of Rs. 76 per share, indicating an upside potential of 32.04 percent, from its previous day’s close price of Rs. 57.56.
Suzlon Energy Limited is an Indian renewable energy company engaged in designing, manufacturing, and servicing wind turbine generators. It provides clean energy solutions to reduce carbon footprint and supports sustainable power generation across India and globally.
VRL Logistics Limited
With a market capitalization of Rs. 4,846.63 crore, the shares of VRL Logistics Limited were currently trading at Rs. 277.05 per equity share, down nearly 0.81 percent from its previous day’s close price of Rs. 279.30.
ICICI Securities, a prominent brokerage firm, has recommended a “Buy” call on VRL Logistics Limited with a target price of Rs. 350 per share, indicating an upside potential of 26.33 percent.
VRL Logistics Limited is a leading Indian logistics company offering transportation, courier, and supply chain services. It operates a large fleet for goods and passenger transportation, serving customers with efficient, reliable delivery across India.
TCI Express Limited
With a market capitalization of Rs. 2,379.10 crore, the shares of TCI Express Limited were currently trading at Rs. 619.25 per equity share, rising nearly 0.41 percent from its previous day’s close price of Rs. 616.75.
ICICI Securities, a prominent brokerage firm, has recommended a “Buy” call on TCI Express Limited with a target price of Rs. 900 per share, indicating an upside potential of 45.93 percent, from its previous day’s close price of Rs. 616.75.
TCI Express Limited is engaged in express cargo and supply chain logistics across India. It provides time-sensitive transport solutions for parcels, documents, and goods, catering primarily to e-commerce, manufacturing, and trading industries.
Fusion Finance Limited
With a market capitalization of Rs. 2,776.47 crore, the shares of Fusion Finance Limited were currently trading at Rs. 171.90 per equity share, rising nearly 1.63 percent from its previous day’s close price of Rs. 168.55.
ICICI Securities, a prominent brokerage firm, has recommended a “Buy” call on Fusion Finance Limited with a target price of Rs. 225 per share, indicating an upside potential of 33.49 percent, from its previous day’s close price of Rs. 168.55.
Fusion Finance Limited is a non-banking financial company (NBFC) in India providing secured and unsecured business loans, vehicle financing, and other credit products. It supports small and medium enterprises (SMEs) with accessible financial solutions.
Godrej Agrovet Limited
With a market capitalization of Rs. 11,100.27 crore, the shares of Godrej Agrovet Limited were currently trading at Rs. 577.15 per equity share, down nearly 1.41 percent from its previous day’s close price of Rs. 585.40.
ICICI Securities, a prominent brokerage firm, has recommended a “Buy” call on Godrej Agrovet Limited with a target price of Rs. 935 per share, indicating an upside potential of 62 percent.
Godrej Agrovet Limited is an agribusiness company involved in animal feed, crop protection, oil palm plantations, and dairy products. The company supports the agriculture and livestock sectors with sustainable products and technologies.
Gulf Oil Lubricants India Limited
With a market capitalization of Rs. 5,994.06 crore, the shares of Gulf Oil Lubricants India Limited were currently trading at Rs. 1,215.35 per equity share, down nearly 0.30 percent from its previous day’s close price of Rs. 1,218.95.
ICICI Securities, a prominent brokerage firm, has recommended a “Buy” call on Gulf Oil Lubricants India Limited with a target price of Rs. 1,640 per share, indicating an upside potential of 34.94 percent.
Gulf Oil Lubricants India Limited produces and markets automotive and industrial lubricants. It supplies high-quality engine oils, greases, and specialty fluids for vehicles and industries, aiming for performance and engine protection.
Power Grid Corporation of India Limited
With a market capitalization of Rs. 2,51,302.32 crore, the shares of Power Grid Corporation of India Limited were currently trading at Rs. 270.20 per equity share, rising nearly 0.09 percent from its previous day’s close price of Rs. 269.95.
ICICI Securities, a prominent brokerage firm, has recommended a “Buy” call on Power Grid Corporation of India Limited with a target price of Rs. 360 per share, indicating an upside potential of 33.36 percent, from its previous day’s close price of Rs. 269.95.
Power Grid Corporation of India Limited is a government-owned company engaged in electric power transmission across India. It owns and operates a vast network of high-voltage transmission lines, ensuring reliable grid connectivity and power delivery nationwide.
Written By – Nikhil Naik
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