On Friday, domestic benchmark indexes closed in the green. The BSE Sensex gained 634.65 points, or 1.01%, ending the week at 63,782.80. Similarly, the NSE Nifty 50 gained 190 points, or 1.01 %, to 19,047.25.
Meanwhile, here are seven stocks in which the brokerages recommend an upside of up to 47%:
KPIT Technologies Ltd.
KPIT is a global technology business that provides embedded software and product engineering services to automotive companies.
Axis Direct has a buy rating on the stock with a target price of Rs 1,500, which translates to an upside of 33% as compared to its Friday close price of Rs 1,128.50 a share.
Godrej Properties Ltd.
Godrej Properties Limited (GPL) is the real estate development arm of the Godrej Group, The Company provides access to high-quality social infrastructure and is in close proximity to commercial infrastructures.
IDBI Capital has a buy rating on the stock with a target price of Rs 2,115, which translates to an upside of 32% as compared to its Friday close price of Rs 1,602 a share.
ACC Ltd.
ACC Limited is engaged in the business of manufacturing and selling Cement and Ready Mix Concrete.
ICICI Securities Limited has a buy rating on the stock with a target price of Rs 2,451, which translates to an upside of 30% as compared to its Friday close price of Rs 1,878 a share.
PNB Housing Finance Ltd
PNB Housing Finance offers retail customers housing and non-housing loans, including individual home loans, loans against property, and non-resident property loans.
Motilal Oswal has a buy rating on the stock with a target price of Rs 950, which translates to an upside of 29% as compared to its Friday close price of Rs 736.85 a share.
Tanla Platforms Ltd
Tanla Platforms Ltd is a cloud communications provider enabling businesses to communicate with their customers and intended recipients. And the company also provides integrated telecom infrastructure solutions and products.
HDFC Securities has a buy rating on the stock with a target price of Rs 1,440, which translates to an upside of 47% as compared to its Friday close price of Rs 979.55 a share.
Poonawalla Fincorp Ltd
Poonawalla Fincorp Limited is a non-deposit-taking NBFC that is engaged in providing consumer and MSME financing, as well as General Insurance Services.
Motilal Oswal has a buy rating on the stock with a target price of Rs 450, which translates to an upside of 25 % as compared to its Friday close price of Rs 359 a share.
Havells India Ltd.
Havells India Limited is a leading Fast Moving Electrical Goods (FMEG) company that is engaged in the business of Cables and wires, Motors, Fans, Modular Switches, Home Appliances, Air Conditioners, Electric Water Heaters, and many more.
Yes Securities has a buy rating on the stock with a target price of Rs 1,620, which translates to an upside of 28 % as compared to its Friday close price of Rs 1,259.90 a share.
Written by Omkar Chitnis
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