The Indian Benchmark Indices closed in green on Friday with the Sensex gaining around 759.05 points ending the week at 79,802.79 and the Nifty 50 index gaining around 216.95 points ending the week at 24,131.10.
In the last five trading sessions, the Sensex declined by approximately 0.47 percent while the Nifty 50 index declined by 0.74 percent. Listed below are six stocks to Buy for an Upside Potential of up to 64 percent that you can add to your portfolio.
Indraprastha Gas
With a market capitalization of Rs. 22,942 Crores, the shares of Indraprastha Gas Limited, engaged in the business of city gas distribution closed at Rs. 327.75 per equity share up 2.58 percent from its previous day’s close price of Rs. 319.50.
ICICI Securities has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 412, indicating a potential upside of approximately 26 percent from the market close price as above.
Aadhar Housing Finance
With a market capitalization of Rs. 18,614 Crores, the shares of Aadhar Housing Finance Limited, a housing finance company (HFC) focused on the low-income housing segment closed at Rs. 432.75 per equity share up 3.5 percent from its previous day’s close price of Rs. 418.10.
ICICI Securities has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 550, indicating a potential upside of approximately 27 percent from the market close price as above.
Kalpataru Projects International
With a market capitalization of Rs. 18,518 Crores, the shares of Kalpataru Projects International Limited, a global EPC player with diversified interest in power transmission and distribution, oil and gas pipelines, railways, and many others closed at Rs. 1,140 per equity share down 0.40 percent from its previous day’s close price of Rs. 1,144.55.
Motilal Oswal Financial Services has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 1,500, indicating a potential upside of approximately 32 percent from the market close price as above.
Atul
With a market capitalization of Rs. 21,540 Crores, the shares of Atul Limited a diversified and integrated Indian chemical company, operating in Life Science Chemicals and Performance and Other Chemicals closed at Rs. 7,316.20 per equity share up 1.29 percent from its previous day’s close price of Rs. 7,223.25.
Motilal Oswal Financial Services has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 9995, indicating a potential upside of approximately 37 percent from the market close price as above.
SBI Life Insurance Company
With a market capitalization of Rs. 1,43,923 Crores, the shares of SBI Life Insurance Company Limited, engaged in the business of life insurance and annuity closed at Rs. 1,436.30 per equity share up 0.58 percent from its previous day’s close price of Rs. 1,427.95.
Motilal Oswal Financial Services has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 2,100, indicating a potential upside of approximately 46 percent from the market close price as above.
Gulf Oil Lubricants India
With a market capitalization of Rs. 5,410 Crores, the shares of Gulf Oil Lubricants India Limited, engaged in the business of manufacturing, marketing, and trading of automotive and non-automotive lubricants closed at Rs. 1,098.70 per equity share down 0.35 percent from its previous day’s close price of Rs. 1,102.55.
Emkay has given a ‘Buy’ recommendation on the company’s stock with a target price of Rs. 1,800, indicating a potential upside of approximately 64 percent from the market close price as above.
Written by: Bharath K.S
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