The Indian benchmark indices opened on a flat note on the back of mixed global cues on Monday. The BSE Sensex was down 65.03 points or 0.10% at 62,803.47, while the Nifty was down 10.70 points or 0.06% at 18,685.40 levels.
As the sentiments in the markets take a turn, here are 8 stocks recommended by analysts for an upside of up to 88%:
Bombay Burmah Trading Corporation Limited
Anand Rathi has a ‘Buy’ call on the flagship Company of Wadia Group with a target price of Rs 1,250 per share which represents an upside of 24% from the current levels of Rs 1,010.
Maruti Suzuki India Limited
Sharekhan has a ‘Buy’ call on the Indian automobile manufacturer, with a target price of Rs 10,965 per share which represents an upside of 25% from the current levels of Rs 8,786.
Nippon Life India Asset Management Limited
JM Financial has a ‘Buy’ call on the Asset Management Company with a target price of Rs 340 per share which represents an upside of 26% from the current levels of Rs 269.
Symphony Limited
Anand Rathi has a ‘Buy’ call on the electronics company with a target price of Rs 1,194 per share which represents an upside of 27% from the current levels of Rs 941.
Zomato Limited
Motilal Oswal Financial Services has a ‘Buy’ call on the food delivery aggregator with a target price of Rs 86 per share which represents an upside of 30% from the current levels of Rs 66.
Indraprastha Gas Limited
Prabhudas Lilladher has a ‘Buy’ call on the natural gas distribution company with a target price of Rs 596 per share which represents an upside of 38% from the current levels of Rs 431.
UTI Asset Management Company
JM Financial has a ‘Buy’ call on the Asset Management Company with a target price of Rs 1,100 per share which represents an upside of 43% from the current levels of Rs 767.
PB Fintech Limited
JM Financial has a ‘Buy’ call on India’s largest online company for insurance and lending products with a target price of Rs 910 per share, representing an upside of 88% from the current Rs 490.
Written by Anoushka Roy
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