.

follow-on-google-news

The Benchmark Indices closed in the green on Friday, with the Sensex experiencing a gain of 181.87 points or 0.24 percent, ending the week at 76,992.77, and the Nifty 50 index up by nearly 0.3 percent or 66.7 points, to close at 23,465.6. 

The Nifty 50 index moved up by 0.75 percent over the previous five trading sessions, while the Sensex jumped by about 0.4 percent. 

Following are the six stocks for which brokerages recommended an upside of up to 69 percent. 

Note: If you want to learn Candlesticks and Chart Trading from Scratch, here’s the best book available on Amazon! Get the book now!

Royal Orchid Hotels Limited 

With a market capitalisation of Rs. 1,007.6 crore, the share price of the stock moved up by nearly 1.7 percent on BSE to hit an intraday high at Rs. 373.45 in the trading session of Friday, compared to its previous closing price of Rs. 367.15. 

The analysts of the brokerage firm Edelweiss Securities gave a ‘buy’ rating on Royal Orchid Hotels with a target price of Rs. 477 apiece, representing a potential upside of nearly 30 percent from the closing price of Rs. 367.4. 

Incorporated in 1986, Royal Orchid Hotels Ltd. is engaged in the business of operating and managing hotels or resorts and providing related services, through its portfolio of hotel properties across India. 

Suprajit Engineering Limited 

With a market capitalisation of Rs. 7,117 crore, the share price of the stock moved up by nearly 1.2 percent on BSE to hit an intraday high at Rs. 518 in the trading session of Friday, compared to its previous closing price of Rs. 512. 

The analysts of brokerage firm Sharekhan gave a ‘buy’ rating on Suprajit Engineering with a target price of Rs. 642 apiece, representing a potential upside of around 25 percent from the closing price of Rs. 514. 

Incorporated in 1985, Suprajit Engineering Ltd. is engaged in the business of manufacturing auto components consisting mainly of control cables, speedo cables, auto lamps and other components for automobiles. 

LIC Housing Finance Limited 

With a market capitalisation of Rs. 40,292 crore, the share price of the stock moved up by nearly 2.2 percent on BSE to hit an intraday high at Rs. 734.75 in the trading session of Friday, compared to its previous closing price of Rs. 718.8.

The analysts of brokerage firm Sharekhan gave a ‘buy’ rating on LIC Housing Finance with a target price of Rs. 1,235 apiece, representing a potential upside of around 69 percent from the closing price of Rs. 732.5. 

LIC Housing Finance Ltd. is one of the largest housing finance companies in India, providing long-term finance to individuals for the purchase or construction of houses or flats for residential purposes in India. 

Rossari Biotech Limited 

With a market capitalisation of Rs. 4,244.6 crore, the share price of the stock moved up by nearly 2.2 percent on BSE to hit an intraday high at Rs. 773.15 in the trading session of Friday, compared to its previous closing price of Rs. 756.1. 

The analysts of brokerage firm Anand Rathi Securities gave a ‘buy’ rating on Rossari Biotech with a target price of Rs. 950 apiece, representing a potential upside of 24 percent from the closing price of Rs. 768.3. 

Founded in 2003, Rossari Biotech Limited is mainly engaged in manufacturing, selling and distribution of specialty chemicals. 

TVS Supply Chain Limited 

With a market capitalisation of Rs. 7,695.24 crore, the share price of the stock moved up by nearly 1.7 percent on BSE to hit an intraday high at Rs. 177.95 in the trading session of Friday, compared to its previous closing price of Rs. 175. 

The analysts of brokerage firm JM Financials gave a ‘buy’ rating on TVS Supply Chain with a target price of Rs. 290 apiece, representing a potential upside of 66 percent from the closing price of Rs. 174.8. 

TVS Supply Chain Solutions Ltd. is an Indian multinational transportation, logistics and warehousing company. 

The company provides supply chain management services to customers in the automotive, consumer goods, defence and utility sectors in India, the UK, Europe and the US. 

TTK Prestige Limited 

With a market capitalisation of Rs. 10,423.7 crore, the share price of the stock moved up by nearly 0.3 percent on BSE to hit an intraday high at Rs. 753.5 in the trading session of Friday, compared to its previous closing price of Rs. 751.45. 

The analysts of brokerage firm Geojit Financial Services gave a ‘buy’ rating on TTK Prestige with a target price of Rs. 902 apiece, representing a potential upside of 20 percent from the closing price of Rs. 752.

TTK Prestige Limited is primarily engaged in the business of Kitchen and Home Appliances. 

Written by Shivani Singh

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.