The Indian Benchmark Indices closed in the green on Friday with the Sensex gaining around 167 points and closing at 71,595.49 and the Nifty 50 index gaining around 65 points and closing at 21,782.50.
In the last five trading sessions, the Sensex slipped approximately 1 percent while the Nifty 50 index slipped by approximately 0.55 percent.
Listed below are six stocks that one should add to their portfolio for a potential upside of up to 48 percent:
PNC Infratech Limited
With a market capitalization of Rs 10,955.51 crores, the stocks of PNC Infratech Limited, one of the front-ending infrastructure development, construction, and management companies in India, closed at Rs 427.05 on Friday, slipping around 4 percent as compared to the previous closing levels of Rs 443.80 apiece.
HDFC Securities gave a ‘Buy’ recommendation on the company’s stock with a target price of Rs 520 indicating a gain of approximately 22 percent as compared to the prevailing stock price levels.
Endurance Technologies Limited
With a market capitalization of Rs 25,913.61 crores, the stocks of Endurance Technologies Limited, engaged in the business of manufacturing and selling aluminium die casting, etc, closed at Rs 1,842.25 on Friday, slipping around 5 percent as compared to the previous closing levels of Rs 1,931.25 apiece.
Motilal Oswal gave a ‘Buy’ recommendation on the company’s stock with a target price of Rs 2,275 indicating a gain of approximately 24 percent as compared to the prevailing stock price levels.
Manappuram Finance Limited
With a market capitalization of Rs 15,527.85 crores, the stocks of Manappuram Finance Limited, an NBFC company providing a wide range of fund-based and fee-based services, closed at Rs 183.45 on Friday, gaining around 0.40 percent as compared to the previous closing levels of Rs 182.70 apiece.
Axis Direct gave a ‘Buy’ recommendation on the company’s stock with a target price of Rs 230 indicating a gain of approximately 25 percent as compared to the prevailing stock price levels.
Navin Fluorine International Limited
With a market capitalization of Rs 15,015.31 crores, the stocks of Navin Fluorine International Limited, engaged in producing refrigeration gases, specialty organofluorines, etc, closed at Rs 3,028.60 on Friday, slipping around 1.40 percent as compared to the previous closing levels of Rs 3,072.25 apiece.
HDFC Securities gave a ‘Buy’ recommendation on the company’s stock with a target price of Rs 4,014 indicating a gain of approximately 33 percent as compared to the prevailing stock price levels.
EPL Limited
With a market capitalization of Rs 6,176.55 crores, the stocks of EPL Limited, the largest specialty packaging global company, manufacturing laminated plastic tubes, etc, closed at Rs 194 on Friday, slipping around 1 percent as compared to the previous closing levels of Rs 196.10 apiece.
Motilal Oswal gave a ‘Buy’ recommendation on the company’s stock with a target price of Rs 275 indicating a gain of approximately 42 percent as compared to the prevailing stock price levels.
Allcargo Gati Limited
With a market capitalization of Rs 1,548.52 crores, the stocks of Allcargo Gati Limited, engaged in express distribution and supply chain solutions through surface, air, rail logistics, etc, closed at Rs 118.90 on Friday, slipping around 1.50 percent as compared to the previous closing levels of Rs 120.70 apiece.
Edelweiss gave a ‘Buy’ recommendation on the company’s stock with a target price of Rs 176 indicating a gain of approximately 48 percent as compared to the prevailing stock price levels.
Written by Amit Madnani
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