The Indian Benchmark Indices closed in Green on Tuesday with the Sensex gaining around 239.38 points closing at 77578.38 and the Nifty 50 index gaining around 64.70 points closing the day’s trade at 23,518.50.
Listed below are six stocks to Buy for an Upside Potential of upto 68 percent that you can add to your portfolio.
Brigade Enterprises
With a market capitalization of Rs. 28,048 Crores, the shares of Brigade Enterprises Limited, engaged in the business of real estate development, leasing, hospitality, and related services closed at Rs. 1,148.45 per equity share up 1.31 percent from its previous day’s close price of Rs. 1,133.60.
Edelweiss has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 1,561, indicating a potential upside of approximately 26 percent from the market close price as above.
Alkem Laboratories
With a market capitalization of Rs. 66,062 Crores, the shares of Alkem Laboratories Limited, engaged in the development, manufacture, and sale of pharmaceutical and nutraceutical products closed at Rs. 5,525.25 per equity share up 0.30 percent from its previous day’s close price of Rs. 5,508.70.
BOB Capital Markets has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 7,225, indicating a potential upside of approximately 31 percent from the market close price as above.
Ador Welding
With a market capitalization of Rs. 1,562 Crores, the shares of Ador Welding Limited, engaged in providing Welding Products, Technologies, and related Services closed at Rs. 1,148.90 per equity share down 0.24 percent from its previous day’s close price of Rs. 1,151.65.
IDBI Capital has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 1,621, indicating a potential upside of approximately 41 percent from the market close price as above.
Hindware Home Innovation
With a market capitalization of Rs. 2,241 Crores, the shares of Hindware Home Innovation Limited, engaged in manufacturing, branding, marketing, sales and distribution, and servicing of consumer applications closed at Rs. 267.95 per equity share up 6.14 percent from its previous day’s close price of Rs. 252.45.
BOB Capital Markets has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 400, indicating a potential upside of approximately 49 percent from the market close price as above.
Awfis Space Solutions
With a market capitalization of Rs. 4,694 Crores, the shares of Awfis Space Solutions Limited, engaged in providing a wide spectrum of flexible workspace solutions ranging from individual flexible desk needs to customized office spaces, closed at Rs. 668.50 per equity share down 2.57 percent from its previous day’s close price of Rs. 686.10.
Edelweiss has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 1013, indicating a potential upside of approximately 52 percent from the market close price as above.
Suraj Estate Developers
With a market capitalization of Rs. 2,622 Crores, the shares of Suraj Estate Developers Limited, a real estate construction company that develops residential and commercial real estate projects closed at Rs. 591.05 per equity share up 3.79 percent from its previous day’s close price of Rs. 569.45.
Edelweiss has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 992, indicating a potential upside of approximately 68 percent from the market close price as above.
Written by: Bharath K.S
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