Synopsis:
Brokerages highlight significant upside in select sectors including electricals, IT, jewellery, renewable energy, quick-service restaurants, and real estate, with potential upside up to 70 percent.
A series of brokerage recommendations have highlighted potential gains across select companies spanning electricals, IT-enabled services, jewellery retail, renewable energy, quick-service restaurants, and real estate. Analysts have provided target prices that indicate significant upside from current levels, suggesting attractive opportunities for investors looking for medium-to-long-term growth plays.
R R Kabel Ltd
Incorporated in 1995, R R Kabel is primarily engaged in the manufacture of PVC-insulated wires and power cables. The company also produces switches, fans, lighting solutions, switchgears, appliances, and specialized cables. Its operations are divided into two main segments: Wires and Cables, and Fast-Moving Electrical Goods (FMEG). R R Kabel caters to residential, commercial, industrial, and infrastructure sectors, making it a diversified player in the electrical products industry.
The company holds a market cap of Rs. 14,198.54 crore. Its stock closed at Rs. 1,255.55 on 3rd October, Friday. Choice Equity Broking Private Ltd has set a target price of Rs. 1,820, implying a potential upside of 44.97 percent.
Sagility Ltd
Sagility Limited provides business process management services to the healthcare and insurance sectors across India, the United States, Colombia, the Philippines, and Jamaica. The company offers end-to-end solutions including claims management, member and provider engagement, enrollment, benefits plan administration, payment integrity, credentialing, clinical and case management, revenue cycle management, and data analytics. Sagility also provides AI-driven platforms for customer engagement, document processing, plan automation, and contract management.
The company holds a market cap of Rs. 20,349.73 crore. Its stock closed at Rs. 43.47 on 3rd October, Friday. JM Financial has set a target price of Rs. 65, indicating a potential upside of 49.61 percent.
Kalyan Jewellers India Ltd
Incorporated in 2009, Kalyan Jewellers is engaged in the manufacturing and retail of gold and precious-stone jewellery. Its extensive brand portfolio includes Mudhra, Nimah, Anokhi, Rang, Tejasvi, Ziah, Laya, Glo, Candere, Vedha, Apoorva, and Hera. The company offers a wide variety of jewellery such as necklaces, bangles, bracelets, rings, earrings, and pendants made from gold, diamonds, silver, platinum, and gemstones. Kalyan Jewellers operates retail stores across India, the Middle East, and the USA.
The company holds a market cap of Rs. 50,770.61 crore. Its stock closed at Rs. 491.70 on 3rd October, Friday. ICICI Securities has set a target price of Rs. 670, suggesting a potential upside of 36.27 percent.
ACME Solar Holdings Ltd
ACME Solar Holdings is involved in establishing, commissioning, operating, and maintaining power generation projects using solar, fossil, and alternative energy sources. The company acts as owner, manufacturer, engineer, and contractor for setting up power plants and related infrastructure, including glass-based mirrors, photovoltaic systems, boilers, turbines, and other equipment for electricity generation and distribution.
The company holds a market cap of Rs. 17,366.02 crore. Its stock closed at Rs. 286.35 on 3rd October, Friday. Motilal Oswal Financial Services has set a target price of Rs. 370, implying a potential upside of 29.21 percent.
Restaurant Brands Asia Ltd
Restaurant Brands Asia Limited operates quick-service restaurant chains in India and Indonesia under brands such as Burger King and POPEYES. The company develops, establishes, operates, and franchises its restaurants, focusing on expanding its footprint in both markets. Formerly known as Burger King India Limited, the company was incorporated in 2013 and rebranded in February 2022.
The company holds a market cap of Rs. 4,596.41 crore. Its stock closed at Rs. 78.95 on 3rd October, Friday. Motilal Oswal Financial Services has set a target price of Rs. 135, indicating a potential upside of 70.96 percent.
Lodha Developers Ltd
Macrotech Developers (formerly Lodha Developers) was incorporated in 1995 and is among India’s largest real estate developers. The company primarily focuses on residential real estate, with an emphasis on affordable and mid-income housing. Starting with projects in Mumbai, Lodha has expanded into other regions including Pune and across MMR, offering residential, commercial, and mixed-use developments.
The company holds a market cap of Rs. 1,11,136.85 crore. Its stock closed at Rs. 1,113.05 on 3rd October, Friday. Motilal Oswal Financial Services has set a target price of Rs. 1,870, reflecting a potential upside of 67.90 percent.
Written By Manan Gangwar
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