On Friday, domestic benchmark indexes closed in the green. The BSE Sensex gained 364.06 points, or 0.55%, ending the week at 65,995.63. Similarly, the NSE Nifty 50 gained 107.75 points, or 0.55%, to 19,653.50.
Meanwhile, here are six stocks in which the brokerages recommend an upside of up to 46%:
Navin Fluorine International Limited
Navin Fluorine International Ltd is involved in the production of refrigeration gases, inorganic fluorides, and specialty organofluorines, as well as contract research and manufacturing services.
Motilal Oswal has a buy rating on the stock with a target price of Rs 5,368, which translates to an upside of 44% as compared to its share price of Rs 3,718.65.
Mayur Uniquoters Ltd
Mayur Uniquoters manufactures Coated Textile Fabrics, fake leather, and PVC Vinyl, which are widely used in many areas such as Footwear, Furnishings, Automotive OEM, Automotive replacement market, and Automotive Exports.
ICICI Direct has a buy rating on the stock with a target price of Rs 700, which translates to an upside of 23% as compared to its share price of Rs 567.35.
PNC Infratech Ltd
PNC Infratech Limited is engaged in infrastructure development, construction, and management including highways, bridges, flyovers, power transmission lines and towers, airport runways, industrial area development, and other infrastructure activities.
HDFC Securities has a buy rating on the stock with a target price of Rs 452, which translates to an upside of 22 % as compared to its share price of Rs 371.
Birla Corporation Ltd
Birla Corporation produces many types of cement and is also in the business of jute products. The company manufactures ordinary Portland cement, fly ash-based Portland slag cement and sulphate-resistant cement.
ICICI Direct has a buy rating on the stock with a target price of Rs 1,540, which translates to an upside of 21% as compared to its share price of Rs 1,270.65.
Arvind Smartspaces
Arvind SmartSpaces Limited is a leading real estate developer that is engaged in the development of residential, commercial, and land development projects.
Yes Securities has a buy rating on the stock with a target price of Rs 502, which translates to an upside of 46% as compared to its share price of Rs 343.85.
Eureka Forbes Ltd
Eureka Forbes Limited is engaged in the health & hygiene segment with product profiles comprising water purifiers, vacuum cleaners, air purifiers, and home security systems.
ICICI Securities has a buy rating on the stock with a target price of Rs 700, which translates to an upside of 41% as compared to its share price of Rs 497.55.
Written by Omkar Chitnis
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