The Indian Benchmark Indices closed in Green on Friday with the Sensex gaining around 218.14 points ending the week at 81,224.75 and the Nifty 50 index gaining around 113.55 points ending the week at 24,863.40.
In the last five trading sessions, the Sensex declined by approximately 0.75 percent while the Nifty 50 index declined by 0.71 percent. Listed below are six stocks that one can add to their portfolio for a potential upside of up to 42 percent.
Bharat Heavy Electricals
With a market capitalization of Rs. 88,340 Crores, the shares of Bharat Heavy Electricals Limited, engaged in providing end-to-end services for a wide range of products and services for the core sectors of the economy like nuclear power, thermal, transmission, renewable energy, industry, and many more., closed at Rs. 253.70 per equity share down 0.14 percent from its previous day’s close price of Rs. 254.05.
JM Financial has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 361, indicating a potential upside of approximately 42 percent from the market close price as above.
PVR Inox
With a market capitalization of Rs. 15,816 Crores, the shares of PVR Inox Limited, engaged in the business of movie exhibition, distribution, and production, in-house advertising, sale of food and beverages (F&B), gaming, and restaurant Business, closed at Rs. 1,610.65 per equity share up 0.09 percent from its previous day’s close price of Rs. 1,609.15.
ICICI Securities has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 2250, indicating a potential upside of approximately 40 percent from the market close price as above.
Sterling and Wilson Renewable Energy
With a market capitalization of Rs. 14,733 Crores, the shares of Sterling and Wilson Renewable Energy Limited, which is one of the leading end-to-end solar engineering, procurement, and construction (EPC) solutions providers globally, closed at Rs. 631.25 per equity share up 1.61 percent from its previous day’s close price of Rs. 621.25.
Anand Rathi has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 870, indicating a potential upside of approximately 38 percent from the market close price as above.
Kalpataru Projects International
With a market capitalization of Rs. 21,002 Crores, the shares of Kalpataru Projects International Limited, one of the largest specialized Engineering, procurement, and Construction (EPC) companies closed at Rs. 1,292.90 per equity share down 0.40 percent from its previous day’s close price of Rs. 1,298.10.
HDFC Securities has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 1,702, indicating a potential upside of approximately 32 percent from the market close price as above.
Vinati Organics
With a market capitalization of Rs. 20,007 Crores, the shares of Vinati Organics Limited, engaged in the business of manufacturing specialty organic intermediaries and monomers, like Iso Butyl Benzene, aromatic solvents, and many more., closed at Rs. 1,930 per equity share down 2.16 percent from its previous day’s close price of Rs. 1,972.70.
Motilal Oswal has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 2500, indicating a potential upside of approximately 30 percent from the market close price as above.
L&T Technology Services
With a market capitalization of Rs. 54,356 Crores, the shares of L&T Technology Services Limited, a global Engineering and ER&D service provider, offering consultancy, design, development, and testing services, closed at Rs. 5,135.80 per equity share down 1.96 percent from its previous day’s close price of Rs. 5,238.30.
Sharekhan has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 6500, indicating a potential upside of approximately 27 percent from the market close price as above.
Written by: Bharath K.S
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