Financially strong stocks have been identified by Nuvama Institutional Equities, Anand Rathi, and Prabhudas Lilladher, offering significant upside potential up to 47 percent. For instance, Insurance stock is currently trading at a 48 percent discount, while metal stock has declined 26 percent from its peak. Given these insights, investors may consider holding these stocks for potential gains.
Here are a few stock recommendations from top brokerage firms, with upside potential of up to 47 percent
Star Health and Allied Insurance Company Limited
Star Health and Allied Insurance Company Limited was founded in 2006 and is an Indian insurance company specializing in health, travel, and accident insurance. It provides coverage for individuals, families, and businesses, offering various policies to protect against medical expenses and health risks.
Stock Price Movement
With a market capitalization of Rs. 19,878.94 crore, the shares of Star Health and Allied Insurance Company Limited were currently trading at Rs. 338.20 per equity share, down nearly 2.83 percent from its previous day’s close price of Rs. 348.05. The stock is trading below its 52-week high by 47.78 percent.
Target Price
Nuvama Institutional Equities has maintained a “Buy” rating on Star Health and Allied Insurance Company Limited and given a target price of Rs. 440, which has an upside potential of 33.31 percent from today’s low of Rs. 330.05.
Recent quarter results
Star Health & Allied Insurance Company Limited’s revenue has increased from Rs. 3,578 crore in Q3 FY24 to Rs. 4,146 crore in Q3 FY25, which has grown by 15.87 percent. The net profit has decreased by 25.86 percent from Rs. 290 crore in Q3 FY24 to Rs. 215 crore in Q3 FY25.
Hindalco Industries Limited
Hindalco Industries Limited was founded in 1958 and is an Indian metals company and a subsidiary of the Aditya Birla Group. It specializes in aluminum and copper production, manufacturing products like rolled aluminum, copper rods, and foils for industries like automotive, construction, and packaging.
Stock Price Movement
With a market capitalization of Rs. 1,27,631.23 crore, the shares of Hindalco Industries Limited were currently trading at Rs. 567.95 per equity share, down nearly 1.29 percent from its previous day’s close price of Rs. 599.95. The stock is trading below its 52-week high by 26.43 percent.
Target Price
Prabhudas Lilladher has maintained a “Buy” rating on Hindalco Industries Limited and given a target price of Rs. 773, which has an upside potential of 41.51 percent from today’s low of Rs. 546.25.
Anand Rathi has maintained a “Buy” rating on Hindalco Industries Limited with a target price of Rs. 800, indicating an upside potential of 46.45 percent from today’s low of Rs. 546.25.
Recent quarter results
Hindalco Industries Limited’s revenue has increased from Rs. 52,808 crore in Q3 FY24 to Rs. 58,390 crore in Q3 FY25, which has grown by 10.57 percent. The net profit has increased by 60.23 percent from Rs. 2,331 crore in Q3 FY24 to Rs. 3,735 crore in Q3 FY25.
Written By – Nikhil Naik
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