Indian benchmark indices ended lower on December 12 with Nifty around 24,548.70. At close, the Sensex was down 236.18 points or 0.29 percent at 81,289.96, and the Nifty was down 93.10 points or 0.38 percent at 24,548.70.
Here are the five stocks with upside potential of up to 42%;
Cera Sanitaryware Ltd.
Cera Sanitaryware Limited is engaged in the business of manufacturing, selling, and trading building products and has nonconventional wind & solar power for captive use in the State of Gujarat. Its products and services include sanitaryware, faucets, tiles, bathroom accessories, and allied products.
With a market capitalization of Rs 10,118.12 crore, the shares closed at Rs 7,845.00 per share, decreasing around 1.26 percent as compared to the previous closing price.
Anand Rathi, one of the well-known brokerages in India, gave a ‘Buy’ call on the Sanitary Ware stock with a target price of Rs 9,899 apiece, indicating a potential upside of 26 percent from Thursday’s closing price of Rs 7,845 per share.
Can Fin Homes Ltd.
Can Fin Homes Limited is engaged in corporate insurance agency business activity. The Company offers various types of housing loans, such as individual housing loans, affordable housing loans, composite loans, and top-up loans. Its housing loans include individual housing loan-super (IHL-Super) and commercial housing loans (CHL).
With a market capitalization of Rs 10,945.27crore, the shares closed at Rs 822.00 per share, increasing around 0.42 percent as compared to the previous closing price.
Sharekhan, one of the well-known brokerages in India, gave a ‘Buy’ call on the fintech stock with a target price of Rs 1,050 apiece, indicating a potential upside of 27 percent from Thursday’s closing price of Rs 822 per share.
Aster DM Healthcare Ltd
Aster DM Healthcare Limited is a healthcare service provider. The Company’s segments include Hospitals, Clinics, Retail Pharmacies and Others. The Hospitals segment comprises hospitals and in-house pharmacies at the hospitals. The Clinics segment comprises clinics and in-house pharmacies at the clinics.
With a market capitalization of Rs 24,172 crore, the shares closed at Rs 484 per share, decreased by around 0.42 percent as compared to the previous closing price.
Prabhudas Lilladhar, one of the well-known brokerages in India, gave a ‘Buy’ call on the healthcare stock with a target price of Rs 620 apiece, indicating a potential upside of 28 percent from Thursday’s closing price of Rs 486 per share.
H.G. Infra Engineering Limited is an India-based company engaged in the construction, development, design, and management of infrastructure projects. The Company is engaged in engineering, procurement, and construction (EPC), maintenance of roads, bridges, flyovers, and other infrastructure contract works.
With a market capitalization of Rs 9,652 crore, the shares closed at Rs 1,481 per share, decreased by around 1.62 percent as compared to the previous closing price.
Emkay Global, one of the well-known brokerages in India, gave a ‘Buy’ call on the Infra stock with a target price of Rs 2,100 apiece, indicating a potential upside of 42 percent from Thursday’s closing price of Rs 1,481 per share.
Voltamp Transformers Limited
Voltamp Transformers Limited is an India-based company, which is engaged in the manufacturing of electrical transformers. The Company’s products include oil-filled transformers, cast resin transformers, unitized sub-stations, induction furnace transformers, and lighting transformers.
With a market capitalization of Rs 11,453.74 crore, the shares closed at Rs 11,321.15 per share, decreased around 0.30 percent as compared to the previous closing price.
Emkay Global, one of the well-known brokerages in India, gave a ‘Buy’ call on the transformer stock with a target price of Rs 15,300 apiece, indicating a potential upside of 35 percent from Thursday’s closing price of Rs 11,321.15 per share.
Written by:- Abhishek Singh
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