The Indian benchmark indices opened on a positive note on Tuesday. The BSE Sensex was up 363.80 points or 0.60% at 61,110.39, and NSE Nifty 50 jumped 99.50 points or 0.55% to open at 18,111.70.
As the markets are on the track to regaining their highs, here are 7 stocks recommended by analysts for an upside of up to 85%:
HDFC Life Insurance Company Limited
KRChoksey has a ‘Buy’ call on the insurance company with a target price of Rs 706 per share, representing an upside of 30% from the current Rs 543.
Birlasoft Limited
Emkay Global has a ‘Buy’ call on the Birla group IT company with a target price of Rs 370 per share, representing an upside of 35% from the current Rs 276.
PCBL Limited
ICICI Direct has a ‘Buy’ call on the RP-Sanjiv Goenka Group specialty chemicals stock with a target price of Rs 170 per share, representing an upside of 36% from the current Rs 125.
Finolex Industries Limited
Edelweiss has a ‘Buy’ call on the pipe manufacturing company with a target price of Rs 190 per share, representing an upside of 43% from the current Rs 133.
KNR Constructions Limited
Centrum Broking has a ‘Buy’ call on the infrastructure company with a target price of Rs 317 per share, representing an upside of 41% from the current Rs 226.
Bandhan Bank Limited
ICICI Securities has a ‘Buy’ call on the commercial bank with a target price of Rs 365 per share, representing an upside of 53% from the current Rs 237.
Fsn E-Commerce Ventures Limited
Domestic brokerage firm Elara Capital has given a ‘Buy’ call on Nykaa with a target of Rs 2,211 per share on a long-term basis which represents an upside of 85% from the current levels of 1,196.
Written by Anoushka Roy
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