In the stock market, investors are eyeing high-growth opportunities amid economic recovery and sector-specific booms. This curated list highlights six promising stocks with upside potential reaching up to 41 percent, based on robust fundamentals, analyst projections, and recent performance trends, offering a balanced mix for diversified portfolios.
1. Inox Wind Limited
With a market capitalization of Rs. 25,750.74 crore, the shares of Inox Wind Limited closed at Rs. 149 per equity share, rising nearly 0.34 percent from its previous day’s close price of Rs. 148.50.
Motilal Oswal, a prominent brokerage firm, has recommended a “Buy” call on Inox Wind Limited with a target price of Rs. 210 per share, indicating an upside potential of 41.41 percent from its previous day’s close price of Rs. 148.50.
Inox Wind Limited was established in 2009 and manufactures and supplies wind turbine generators and provides EPC, operations, and maintenance services for wind power projects, supporting renewable energy development across India with advanced technology and turnkey solutions.
2. Gravita India Limited
With a market capitalization of Rs. 12,231.17 crore, the shares of Gravita India Limited closed at Rs. 1,657.15 per equity share, down nearly 0.13 percent from its previous day’s close price of Rs. 1,659.25.
Motilal Oswal, a prominent brokerage firm, has recommended a “Buy” call on Gravita India Limited with a target price of Rs. 2,300 per share, indicating an upside potential of 38.62 percent from its previous day’s close price of Rs. 1,659.25.
Gravita India Limited was established in 1992 and is a global leader in recycling lead, aluminum, and plastic. It provides turnkey recycling solutions with manufacturing units across multiple countries and serves customers in over 70 countries worldwide.
3. Ceat Limited
With a market capitalization of Rs. 13,249.02 crore, the shares of Ceat Limited closed at Rs. 3,275.40 per equity share, down nearly 0.83 percent from its previous day’s close price of Rs. 3,302.75.
Emkay Global Financial Services, a prominent brokerage firm, has recommended a “Buy” call on Ceat Limited with a target price of Rs. 4,600 per share, indicating an upside potential of 39.28 percent from its previous day’s close price of Rs. 3,302.75.
CEAT Limited was established in 1958 and is a leading Indian tire manufacturer producing tires for two-wheelers, passenger cars, trucks, and buses, with multiple plants and a strong global presence under the RPG Group.
4. CESC Limited
With a market capitalization of Rs. 21,215.75 crore, the shares of CESC Limited closed at Rs. 160.05 per equity share, down nearly 0.62 percent from its previous day’s close price of Rs. 161.05.
ICICI Securities, a prominent brokerage firm, has recommended a “Buy” call on CESC Limited with a target price of Rs. 204 per share, indicating an upside potential of 26.68 percent from its previous day’s close price of Rs. 161.05.
CESC Limited was established in 1899 and is India’s oldest integrated power utility company engaged in generating, transmitting, and distributing electricity mainly in Kolkata, Howrah, and parts of West Bengal and Rajasthan.
5. Ujjivan Small Finance Bank Limited
With a market capitalization of Rs. 9,027.13 crore, the shares of Ujjivan Small Finance Bank Limited closed at Rs. 46.60 per equity share, down nearly 1.33 percent from its previous day’s close price of Rs. 47.23.
Emkay Global Financial Services, a prominent brokerage firm, has recommended a “Buy” call on Ujjivan Small Finance Bank Limited with a target price of Rs. 60 per share, indicating an upside potential of 27.04 percent from its previous day’s close price of Rs. 47.23.
Ujjivan Small Finance Bank Limited was established in 2017 and provides inclusive financial services focusing on unserved and underserved customers, offering loans, savings, and digital banking solutions across India to empower economically weaker sections.
6. Brigade Hotel Ventures Limited
With a market capitalization of Rs. 3,164.09 crore, the shares of Brigade Hotel Ventures Limited closed at Rs. 83.30 per equity share, down nearly 0.34 percent from its previous day’s close price of Rs. 83.58.
ICICI Securities, a prominent brokerage firm, has recommended a “Buy” call on Brigade Hotel Ventures Limited with a target price of Rs. 117 per share, indicating an upside potential of 39.99 percent from its previous day’s close price of Rs. 83.58.
Brigade Hotel Ventures Limited was established in 2016 and is a subsidiary of Brigade Enterprises Limited, engaged in owning and developing chain-affiliated hotels primarily in South India, partnering with global brands for upscale and midscale hospitality.
Written By – Nikhil Naik
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