The Indian Benchmark Indices closed in green on Friday with the Sensex gaining around 1,711.45 points ending the week at 75,410.39 and the Nifty 50 index gaining around 579.50 points ending the week at 22,957.10.
In the last five trading sessions, the Sensex gained approximately 2.32 percent while the Nifty 50 index gained around 2.59 percent. Listed below are six stocks that one should add to their portfolio for a potential upside of up to 76 percent
Spandana Sphoorty Financial
With a market capitalization of Rs. 5,527.22 Crores, the shares of Spandana Sphoorty Financial Limited an NBFC engaged in providing microfinance focused on rural areas and women Empowerment closed at Rs. 775.15 per share, down 2.22 percent from its previous day’s close price of Rs. 792.75.
Anand Rathi Wealth has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 1,361, indicating a potential upside of approximately 76 percent from the market close price as above.
SJS Enterprises
With a market capitalization of Rs. 2,191.28 Crores, the shares of SJS Enterprises Limited engaged in the business of manufacturing decorative aesthetic products primarily for the automotive, consumer durables, and consumer appliances closed at Rs. 706 per share, down 0.93 percent from its previous day’s close price of Rs. 712.60.
Edelweiss has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 980, indicating a potential upside of approximately 39 percent from the market close price as above.
Eris Lifesciences
With a market capitalization of Rs. 12,042.24 Crores, the shares of Eris Lifesciences Limited engaged in the business of manufacture and marketing of pharmaceutical products, closed at Rs. 885.15 per share, up 0.07 percent from its previous day’s close price of Rs. 884.55.
BOB Capital Markets has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 1200, indicating a potential upside of approximately 36 percent from the market close price as above.
Equitas Small Finance Bank
With a market capitalization of Rs. 10,850.27 Crores, the shares of Equitas Small Finance Bank Limited engaged in providing banking and financial services closed at Rs. 95.55 per share, up 0.27 percent from its previous day’s close price of Rs. 95.29.
Motilal Oswal Financial Services has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 125, indicating a potential upside of approximately 31 percent from the market close price as above.
JSW Steel
With a market capitalization of Rs. 2,22,303.99 Crores, the shares of JSW Steel Limited engaged in the business of manufacturing and supplying iron and steel products, closed at Rs. 909.05 per share, down 0.92 percent from its previous day’s close price of Rs. 917.50.
ICICI Direct has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 1,125, indicating a potential upside of approximately 24 percent from the market close price as above.
JK Paper
With a market capitalization of Rs. 6,422.04 Crores, the shares of JK Paper Limited engaged in producing a wide range of papers, paper boards, and many more, closed at Rs. 379.10 per share, up 0.03 percent from its previous day’s close price of Rs. 379.
IDBI Capital has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 462, indicating a potential upside of approximately 22 percent from the market close price as above.
Written by: Bharath K.S
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
