The Indian Benchmark Indices closed in green on Friday with the Sensex gaining around 843.16 points ending the week at 82,133.12 and the Nifty 50 index gaining around 219.60 points ending the week at 24,768.30.
In the last five trading sessions, the Sensex gained by approximately 0.71 percent while the Nifty 50 index gained by 0.71 percent. Listed below are six stocks to Buy for an Upside Potential of upto 43 percent that you can add to your portfolio.
Triveni Engineering and Industries
With a market capitalization of Rs. 10,045 Crores, the shares of Triveni Engineering and Industries Limited an Integrated and diversified conglomerate in areas of sugar, ethanol, and engineering, closed at Rs. 458.90 in the day’s trade down 0.64 percent from its previous day’s close price of Rs. 461.85
Sharekhan has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 582, indicating a potential upside of approximately 27 percent from the market close price as above.
Tube Investments of India
With a market capitalization of Rs. 70,646 Crores, the shares of Tube Investments of India Limited one of India’s leading manufacturers of a wide range of products for major industries such as Automotive, Railway, Construction, Mining, Agriculture, etc closed at Rs. 3,651.75 in the day’s trade down 0.13 percent from its previous day’s close price of Rs. 3,656.65.
Motilal Oswal Financial Services has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 4,750, indicating a potential upside of approximately 30 percent from the market close price as above.
Hero Motocorp
With a market capitalization of Rs. 91,292 Crores, the shares of Hero Motocorp Limited one of India’s leading motorcycle manufacturers, closed at Rs. 4,564.60 in the day’s trade up 0.25 percent from its previous day’s close price of Rs. 4,553.05.
Sharekhan has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 6057, indicating a potential upside of approximately 33 percent from the market close price as above.
Godrej Consumer Products
With a market capitalization of Rs. 1,13,682 Crores, the shares of Godrej Consumer Products Limited engaged in manufacturing and marketing of fast-moving consumer goods closed at Rs. 1111.25 in the day’s trade up 0.11 percent from its previous day’s close price of Rs. 1110.
Anand Rathi has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 1,485 indicating a potential upside of approximately 34 percent from the market close price as above.
Shriram Pistons & Rings
With a market capitalization of Rs. 9,581 Crores, the shares of Shriram Pistons & Rings Limited engaged in the manufacturing of pistons, piston pins, piston rings, and engine valves for various automotive companies, closed at Rs. 2,175 in the day’s trade down 0.61 percent from its previous day’s close price of Rs. 2,188.40.
Emkay Global has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 2,950, indicating a potential upside of approximately 36 percent from the market close price as above.
HG Infra Engineering
With a market capitalization of Rs. 9,555 Crores, the shares of HG Infra Engineering Limited closed at Rs. 1,466.10 in the day’s trade down 1.3 percent from its previous day’s close price of Rs. 1,485.40.
Emkay Global has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 2,100 indicating a potential upside of approximately 43 percent from the market close price as above.
Written by: Bharath K.S
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