The Indian Benchmark Indices closed in green on Friday with the Sensex gaining around 226.59 points ending the week at 78,699.07 and the Nifty 50 index gaining around 63.20 points ending the week at 23,813.40.
In the last five trading sessions, the Sensex declined by approximately 0.31 percent or 104.64 points while the Nifty 50 index declined by 0.41 percent or 98.80 points.
Listed below are six stocks to Buy for an Upside Potential of upto 52 percent that you can add to your portfolio.
Lumax Auto Technologies
With a market capitalization of Rs. 4,369 Crores, the shares of Lumax Auto Technologies Limited engaged in the business of manufacturing and supplying of Automotive Lamps, Plastic Moulded Parts, and Frame Chassis closed at Rs. 641.05 in the day’s trade up 3.32 percent from its previous day’s close price of Rs. 620.45.
Sharekhan has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 767, indicating a potential upside of approximately 20 percent from the market close price as above.
Fortis Healthcare
With a market capitalization of Rs. 51,503 Crores, the shares of Fortis Healthcare Limited a leading integrated healthcare service provider in India closed at Rs. 682.20 in the day’s trade up 1.53 percent from its previous day’s close price of Rs. 671.95.
Axis Securities has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 860, indicating a potential upside of approximately 26 percent from the market close price as above.
With a market capitalization of Rs. 1,09,753 Crores, the shares of Shriram Finance Limited engaged in financing commercial vehicles, passenger vehicles, construction equipment, farm equipment, micro, small and medium enterprises, and many more closed at Rs. 2,918.50 in the day’s trade down 0.38 percent from its previous day’s close price of Rs. 2,929.70.
Axis Direct has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 3825 indicating a potential upside of approximately 31 percent from the market close price as above.
Mtar Technologies
With a market capitalization of Rs. 5,106 Crores, the shares of Mtar Technologies Limited engaged in manufacturing mission-critical precision components, assemblies, sub-assemblies, and spare parts for energy, nuclear, space, aerospace, defence, and others closed at Rs. 1,660 in the day’s trade up 1 percent from its previous day’s close price of Rs. 1,643.05
Motilal Oswal Financial Services has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 2100, indicating a potential upside of approximately 31 percent from the market close price as above.
PNB Housing Finance
With a market capitalization of Rs. 21,972 Crores, the shares of PNB Housing Finance Limited primarily engaged in providing loans for the purchase, construction, repair, and upgrade of houses, along with offering loans for commercial space, loans against property, and, many more closed at Rs. 845.55 in the day’s trade down 0.38 percent from its previous day’s close price of Rs. 848.75.
Motilal Oswal Financial Services has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 1160, indicating a potential upside of approximately 37 percent from the market close price as above.
Galaxy Surfactants
With a market capitalization of Rs. 8,995 Crores, the shares of Galaxy Surfactants Limited a leading manufacturer of Performance Surfactants and Specialty Care products closed at Rs. 2,537.10 in the day’s trade up 0.86 percent from its previous day’s close price of Rs. 2,515.35.
Motilal Oswal Financial Services has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 3,865, indicating a potential upside of approximately 52 percent from the market close price as above.
Written by: Bharath K.S
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