Synopsis: Brokerages have recommended five stocks across the fintech, retail, chemicals, IT, and FMCG sectors, with target prices indicating a potential upside of up to 69 percent.
Brokerage reports are widely followed by investors as they provide insights into a company’s earnings outlook, growth prospects, and industry trends. Positive ratings and higher target prices often improve investor confidence and help identify stocks that could outperform over the coming months.
Here are five stocks that have received ‘buy’ ratings from leading brokerages, backed by their outlook on business growth, earnings potential, and future prospects. Based on their target prices and Friday’s closing prices, these stocks offer a potential upside of up to 69 percent. Here are five stocks that have received ‘buy’ ratings from brokerages:
Eternal Ltd
Eternal Limited, formerly known as Zomato, operates a digital platform offering food delivery, quick commerce, and B2B restaurant supply services. Its businesses include Zomato, Blinkit, Hyperpure, and District. The company continues to expand its customer base while investing in technology and new growth opportunities.
With a market capitalization of Rs.2,79,571 crore, the shares of Eternal Ltd closed at Rs. 290 per share, down 0.87 percent from its previous close. The analysts of brokerage firm Motilal Oswal have issued a ‘buy’ rating for the company, setting a target price of Rs. 380 per share, indicating a potential upside of around 31.1 percent from Friday’s closing price.
Kalyan Jewellers India Ltd
Kalyan Jewellers is one of India’s leading jewellery retailers with a presence across India and the Middle East. The company offers gold, diamond, platinum, and silver jewellery through brands such as Kalyan Jewellers and Candere. It follows an asset-light expansion strategy by adding franchise-owned stores across key markets.
With a market capitalization of Rs. 48,880 crore, the shares of Kalyan Jewellers India Ltd closed at Rs. 473 per share, up 6.47 percent from its previous close. The analysts of brokerage firm Citi have issued a ‘buy’ rating for the company, setting a target price of Rs. 750 per share, indicating a potential upside of around 68.9 percent from Friday’s closing price.
Jubilant Ingrevia Ltd
Jubilant Ingrevia Limited is a specialty chemicals company engaged in manufacturing specialty chemicals, nutrition products, and life science ingredients. It serves industries including pharmaceuticals, agrochemicals, consumer goods, and industrial chemicals, with manufacturing facilities in India and exports to customers across global markets.
With a market capitalization of Rs. 11,478 crore, the shares of Jubilant Ingrevia Ltd closed at Rs. 721 per share, up 0.68 percent from its previous close. The analysts of brokerage firm Anand Rathi have issued a ‘buy’ rating for the company, setting a target price of Rs. 975 per share, indicating a potential upside of around 35 percent from Friday’s closing price.
Persistent Systems Ltd
Persistent Systems is an Indian information technology company that provides software engineering, digital transformation, cloud, artificial intelligence, and enterprise modernization services. It serves clients across banking, healthcare, telecom, and technology sectors, with a strong presence in North America, Europe, and Asia-Pacific.
With a market capitalization of Rs. 79,784 crore, the shares of Persistent Systems Ltd closed at Rs. 5,058 per share, up 4.73 percent from its previous close. The analysts of brokerage firm Axis Direct have issued a ‘buy’ rating for the company, setting a target price of Rs. 6,270 per share, indicating a potential upside of around 24 percent from Friday’s closing price.
Godrej Consumer Products Ltd
Godrej Consumer Products Limited is a leading FMCG company with a portfolio spanning home care, personal care, and household insecticides. Its brands include Goodknight, HIT, Cinthol, Godrej No.1, and Ezee. The company has a strong presence in India, Indonesia, Africa, and several other international markets.
With a market capitalization of Rs.1,11,361 crore, the shares of Godrej Consumer Products Ltd closed at Rs. 1,088 per share, up 0.06 percent from its previous close. The analysts of brokerage firm ICICI Securities have issued a ‘buy’ rating for the company, setting a target price of Rs. 1,300 per share, indicating a potential upside of around 19.5 percent from Friday’s closing price.
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