{"id":59365,"date":"2022-08-18T16:50:00","date_gmt":"2022-08-18T11:20:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=59365"},"modified":"2022-08-18T16:29:56","modified_gmt":"2022-08-18T10:59:56","slug":"stocks-to-buy-2-blue-chip-stocks-with-huge-upside-potential","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stocks-to-buy-2-blue-chip-stocks-with-huge-upside-potential\/","title":{"rendered":"Stocks to BUY: 2 Blue chip stocks with huge upside potential"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1179885410\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Blue Chip companies are large and well-recognized companies with an excellent reputation. They are financially sound and have operated for many years. They have dependable earnings and often pay huge dividends to investors. Brokerages are bullish on these blue chip stocks and they see an upside of up to 27%:<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-961656261\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h4 class=\"wp-block-heading\"><strong>ICICI Bank<\/strong><\/h4><p>The shares of ICICI Bank Limited reached a record high of \u20b9 886.60 apiece on Thursday\u2019s early deals. The shares were trading at \u20b9 860 levels. The bank has posted a robust performance in the latest quarter, led by a strong PPOP, controlled provisions, and steady asset quality. The bank paid a dividend of \u20b95 per equity share on August 10, 2022.&nbsp;<\/p><p><strong>Motilal Oswal Financial Services remains the brokerage\u2019s top stock pick in the banking sector. It has maintained a buy rating on the stock, with a SoTP-based target price of \u20b9 1050. This indicates an upside of 19.24% as compared to its current share price of 880.55. <\/strong><\/p><p>It said that strong asset holding loan growth getting broad-based, and margin is likely to improve, aided by the recent RBI rate hikes and this will improve the ROA and ROE.\u00a0<\/p><div class=\"trade-content_5\" id=\"trade-3302455294\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Jefferies in a note said that the bank is witnessing a strong recovery across key segments such as Retail, SME, and Business Banking. The lender&#8217;s asset quality trends remain steady, while the provision coverage ratio (PCR) remains one of the best in the industry. <\/p><p><strong>It has maintained a buy rating on ICICI Bank\u2019s shares with a target price of \u20b9 1,100 apiece. This translates to an upside of 24.92%.<\/strong><\/p><h4 class=\"wp-block-heading\"><strong>Maruti Suzuki<\/strong><\/h4><p>The company has been launching many new products and has been focusing on exports. Further, it has kickstarted electrification through strong hybrids in FY23 and BEV in FY25 and is leveraging multiple means to meet its objective of reducing CO2 emissions.<\/p><p>Brokerage firm Motilal Oswal Financial Services said in its research report that the company\u2019s management is targeting volumes of 2m units in FY 23 and is confident of regaining its 50% market share in the near future. <\/p><p><strong>The brokerage has maintained a buy rating on the shares with a target price of \u20b9 11,300.00. This indicates an upside of 26.23% as compared to its current market price of \u20b9 8952.00 apiece.<\/strong><\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Simran Bafna<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-884758333\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-4235484855\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Blue Chip companies are large and well-recognized companies with an excellent reputation. They are financially sound and have operated for many years. They have dependable earnings and often pay huge dividends to investors. Brokerages are bullish on these blue chip stocks and they see an upside of up to 27%: ICICI Bank The shares of [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13572,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1513,31],"tags":[2073,2854,3831,3829,4452,948,936,2746,3227,3451,3716,4523,3717,2597,2599,4503,3830],"class_list":["post-59365","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editor-pick","category-news","tag-best-stocks-to-buy-for-2022-in-india","tag-blue-chip-stock","tag-blue-chip-stock-list","tag-blue-chip-stocks","tag-blue-chip-stocks-to-buy","tag-stock-market","tag-stock-market-news","tag-stocks-to-buy","tag-stocks-to-buy-in-2022","tag-stocks-to-buy-in-auto-sector","tag-stocks-to-buy-long-term","tag-stocks-to-buy-next-week","tag-stocks-to-buy-recco","tag-stocks-to-watch","tag-stocks-to-watch-in-2022","tag-stocks-to-watch-in-august","tag-top-blue-chip-stocks"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stocks to BUY: 2 Blue chip stocks with huge upside potential - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/stocks-to-buy-2-blue-chip-stocks-with-huge-upside-potential\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stocks to BUY: 2 Blue chip stocks with huge upside potential\" \/>\n<meta property=\"og:description\" content=\"Blue Chip companies are large and well-recognized companies with an excellent reputation. 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