The Indian Benchmark Indices closed in green on Friday with the Sensex gaining around 190.75 points ending the week at 72,831.94 and the Nifty 50 index gaining around 84.80 points ending the week at 22,096.75
In the last five trading sessions, the Sensex gained approximately 0.26 percent while the Nifty 50 index gained around 0.30 percent. Listed below are six stocks that one should add to their portfolio for a potential upside of up to 50 percent:
Syrma SGS Technology
With a market capitalization of Rs. 8534 Crores, the shares of Syrma SGS Technology Limited an engineering and design company engaged in the business of manufacturing and designing various electric sub-assemblies, disk drives, and many more closed at Rs. 481, down 0.52 percent from its previous day’s close price of Rs. 483.10
Motilal Oswal Financial Services has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 720, indicating a potential upside of approximately 50 percent from the market close price as above.
Eureka Forbes
With a market capitalization of Rs. 8696 Crores, the shares of Eureka Forbes Limited engaged in the business of manufacturing and selling health, hygiene, safety products, and many more closed at Rs. 449, with a flat movement.
ICICI Securities has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 650, indicating a potential upside of approximately 45 percent from the market close price as above.
Dalmia Bharat
With a market capitalization of Rs. 36,639 Crores, the shares of Dalmia Bharat Limited engaged in the business of Manufacturing and Selling Cement, closed at Rs. 1,965, up 2.23 percent from its previous day’s close price of Rs. 1,922.15
Motilal Oswal Financial Services has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 2800, indicating a potential upside of approximately 42 percent from the market close price as above.
Transport Corporation of India
With a market capitalization of Rs. 6,272 Crores, the shares of Transport Corporation of India Limited engaged in the Business of Freight Transport,Supply Chain Solutions, and Transport through Seaways, closed at Rs. 808, up 0.61 percent from its previous day’s close price of Rs. 803.10
Motilal Oswal Financial Services has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 1150, indicating a potential upside of approximately 42 percent from the market close price as above.
Gabriel India
With a market capitalization of Rs. 4,840 Crores, the shares of Gabriel India Limited, involved in the manufacturing of a wide range of auto ancillary components, closed at Rs. 336.50, down 0.18 percent from its previous day’s close price of Rs. 337.10
ICICI Direct has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 440, indicating a potential upside of approximately 31 percent from the market close price as above.
Healthcare Global Enterprises
With a market capitalization of Rs. 4,480 Crores, the shares of Healthcare Global Enterprises Limited, engaged in setting up and managing hospitals and medical diagnostic services, closed at Rs. 342.30, up 0.74 percent from its previous day’s close price of Rs. 339.80.
ICICI Direct has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 435, indicating a potential upside of approximately 27 percent from the market close price as above.
Written by: Bharath K.S
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