The Indian equity indices opened in green on Monday with BSE Sensex rising 250 points or 0.41% to 60,871.44 and the NSE Nifty 50 climbing 78.30 points or 0.43% to 18,105.95.
As the markets trade in the green, here are 6 stocks recommended by analysts for an upside of up to 43%:
PVR Ltd
ICICI Securities Limited has a ‘Buy’ call on the Indian multiplex company with a target price of Rs 2,100 per share which represents an upside of 29 percent from the current levels of Rs 1,630.
Havells India Ltd
ICICI Securities Limited has a ‘Buy’ call on the quick-moving consumer electrical/electronics and power distribution equipment manufacturer with a target price of Rs 1,550.00 per share which represents an upside of 30 percent from the current levels of Rs 1,189.
IndiaMART InterMESH Ltd
ICICI Securities Limited has a ‘Buy’ call on the largest online B2B marketplace in India with a target price of Rs 6,000 per share which represents an upside of 31 percent from the current levels of Rs 4,595.
Bank of Baroda Ltd
Motilal Oswal has a ‘Buy’ call on the Indian public sector bank with a target price of Rs 240 per share, representing an upside of 33 percent from the current Rs 180.
Vinati Organics Ltd
Motilal Oswal has a ‘Buy’ call on the leading specialty chemicals producer with a target price of Rs 2,740 per share, representing an upside of 40 percent from the current Rs 1,954
Mahindra Lifespace Developers Ltd
HDFC Securities has a ‘Buy’ call on Mahindra group real estate and infrastructure development company with a target price of Rs 521 per share which represents an upside of 43 percent from the current levels of Rs 364.
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