open demat account

Benchmark indices reversed last week’s gains as the markets saw a heavy sell-off on the last trading day of the week. The BSE Sensex declined 1,093.22 points or 1.82 per cent to end at 58,840.79. The broader Nifty50 ended 346.60 points lower at 17,530.80. 

Amid a volatile market, here are some stocks recommended by the analysts for an upside of up to 58%: 

Espresso in content banner September 2022

HDFC Bank Limited 

Recommended by: Prabhudas Lilladher 

  • CMP: Rs 1,497 
  • Target: Rs 1,800 
  • Upside: 20% 
  • Rating: Buy 

Siemens Limited 

Recommended by: ICICI Direct 

  • CMP: Rs 2,964 
  • Target: Rs 3,660 
  • Upside: 24% 
  • Rating: Buy 

Mazagon Dock Shipbuilders Limited 

Recommended by: ICICI Direct 

  • CMP: Rs 432 
  • Target: Rs 560 
  • Upside: 30% 
  • Rating: Buy 

KEC International Limited 

Recommended by: ICICI Securities Limited 

FinGrad In-content Banner
  • CMP: Rs 426 
  • Target: Rs 566 
  • Upside: 33% 
  • Rating: Buy 

HG Infra Engineering Limited 

Recommended by: Emkay Global 

  • CMP: Rs 603 
  • Target: Rs 820 
  • Upside: 36% 
  • Rating: Buy

Deepak Nitrite Limited 

Recommended by: JM Financial  

  • CMP: Rs 2,113
  • Target: Rs 2,895 
  • Upside: 37% 
  • Rating: Buy 

Oil India Limited 

Recommended by: JM Financial

  • CMP: Rs 185 
  • Target: Rs 265 
  • Upside: 44% 
  • Rating: Buy 

Oil & Natural Gas Corporation Limited 

Recommended by: JM Financial

  • CMP: Rs 130 
  • Target: Rs 205 
  • Upside: 58% 
  • Rating: Buy 

Written by Anoushka Roy


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.

To stay updated with the Latest Stock Market news, download our app here!

For editorial purposes, contact news@tradebrains.in

Start Your Financial Learning Journey

Want to learn Stock Market and other Financial Products? Make sure to check out, FinGrad, the learning initiative by Trade Brains. Click here to Register today to Start your 3-Day FREE Trail. And do not miss out on the Introductory Offer!!