Benchmark indices rose today, tracking a global rally driven by a strong retail earnings outlook in the United States and concerns about aggressive rate hikes. Most of the indices were in the positive territory. The Nifty 50 is trading at 16,313.90 levels, up 0.89%, while the Sensex is trading at 54,758.81 levels, up 0.93%.
Here are a few recommendations are given by brokerages for an upside of up to 80%:
1. Sobha Limited
HDFC Securities on 23rd May 2022 suggested a ‘Buy’ rating on the shares of Sobha Limited.
- CMP: ₹493.25
- Target Price: 902.00
- Upside: 82.87%
2. HG Infra Engineering Limited
HDFC Securities on 26th May 2022 suggested a ‘Buy’ rating on the shares of HG Infra Engineering Ltd.
- CMP: ₹ 538.90
- Target Price: ₹ 932.00
- Upside: ₹ 72.94%
3. Aditya Birla Fashion and Retail Limited
Edelweiss on 25th May 2022 suggested a buy rating on the shares of Aditya Birla Fashion and Retail Limited.
- CMP: ₹ 256.75
- Target: ₹ 375
- Upside: 46.06%
4. S Chand & Company Limited
Prabhudas Lilladhar suggested a buy rating on the shares of S Chand & Company Ltd. on 25th May 2022.
- CMP: ₹ 106.25
- Target: ₹ 156.00
- Upside: 46.82 %
5. Kajaria Ceramics Limited
Chola Wealth Direct suggested a buy rating on the shares of Kajaria Ceramics Limited on 24th May 2022.
- CMP: ₹ 1050.15
- Target: ₹ 1510.00
- Upside: 43.79%
6. Karur Vysya Bank Limited
HDFC Securities suggested a buy rating on the shares of Karur Vysya Bank Limited on 25th May 2022.
- CMP: ₹ 44.80
- Target: ₹ 63.00
- Upside: 44.50%
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