After a volatile trading session on Friday, the headline gauges managed to close in the green. The BSE Sensex closed at 58,387 points, up 0.15% or 89 points, while the NSE Nifty settled at 17,397 after adding 15.5 points or 0.09%. However, here are a few stocks with huge upside potential.
Gail (India) Limited
ICICI Securities has a buy call on the shares of this integrated natural gas company in India, with a target price of ₹ 225.00 apiece. This translates to an upside of 69.30% as compared to its market price of ₹ 132.90 apiece.
HG Infra Engineering Ltd
HDFC Securities has a buy call on the shares of the infrastructure company with a target price of ₹ 980.00. The scrip closed at ₹586.05 apiece, and the given target indicates an upside of 67.22%
KEC International Ltd
ICICI Securities Ltd. has a buy call on the shares of this engineering, procurement and construction company with a target price of ₹566.00 apiece. This implies an upside of 33.49% as compared to its market price of ₹424.00.
Lemon Tree Hotels Ltd
ICICI Direct has a buy call on the shares of this hotel chain with a target price of ₹ 95.00 apiece. Its shares closed at ₹72.85 apiece, indicating an upside of 30.40%.
Written by Simran Bafna
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