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Benchmark indices ended higher for the second consecutive day. The Sensex was up 1,041.47 points or 1.87% and closed at 56,857.79, and the Nifty was up 287.80 points or 1.73% and ended at 16,929.60. 

With the rising markets Here are some of the stocks that are recommended by the analysts for an upside of up to 60%. 

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Finolex Industries Limited 

Edelweiss has a buy call on Finolex Industries Limited. It is a leading manufacturer of PVC Resin and the largest producer of PVC Pipes & Fittings in India. 

  • CMP: Rs 132 
  • Target: Rs 211 
  • Upside: 60% 

Ujjivan Small Finance Bank Limited 

HDFC Securities has a buy call on Ujjivan Small Finance Bank. It is an Indian small finance bank catering to financially unserved and underserved segments. 

  • CMP: Rs 19.10 
  • Target: Rs 29 
  • Upside: 53% 

Persistent Systems Limited 

HDFC Securities has a buy call on Persistent Systems Limited. It is an Indian multinational technology services company that provides software engineering and strategy services to help companies implement and modernize their businesses. 

  • CMP: Rs 3,504 
  • Target: Rs 5,090 
  • Upside: 45% 

Axis Bank Limited 

ICICI Securities Limited has a buy call on Axis Bank Limited. It is an Indian banking and financial services company that sells financial services to large and mid-size companies, SMEs, and retail businesses. 

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  • CMP: Rs 725 
  • Target: Rs 1,050 
  • Upside: 45% 

Supreme Industries Limited

HDFC Securities has a buy call on Supreme Industries Limited. It is one of the leading plastic products manufacturing companies in India. 

  • CMP: Rs 1,871 
  • Target: Rs 2,630 
  • Upside: 44% 

Larsen & Toubro Limited 

Prabhudas Lilladher has a buy call on Larsen & Toubro for 12 months. 

  • CMP: Rs 1,795 
  • Target: Rs 2,030 
  • Upside: 14% 

Written by – Anoushka Roy


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