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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.

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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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