Domestic benchmark indices ended in the green after swinging amid volatility on Friday. The Sensex closed for the week at 57,989.90 points, up 0.62%, and the Nifty settled at 17,100.05 points, up 0.67%.
Some of the top gainers were HCL Technologies Ltd., Hindalco Industries Ltd. UPL Ltd., UltraTech Cement Ltd., and JSW Steel Ltd. On the other hand, some of the losers were Power Grid Corp of India Ltd., Asian Paints Ltd., Sun Pharmaceutical Industries Ltd., Hero MotoCorp Ltd., and Hindustan Unilever Ltd.
Here are a few stocks that brokerages recommend for an upside of up to 105%:
Coal India Ltd
Sharekhan has a buy rating on the shares of the largest coal miner and producer in India with a target price of ₹ 280.00 apiece. This indicates an upside of 26.70% as compared to its current share price of ₹ 221.00 apiece.
Bharti Airtel Ltd
CLSA has a buy rating on the shares of the telecom major with a target price of ₹ 1,015 apiece. This translates to an upside of 34.12% as compared to its current share price of ₹ 427.65 apiece.
Sun Pharmaceutical Industries Ltd.
Sharekhan has a buy rating on the shares of the pharmaceutical company with a target price of ₹ 1300.00 apiece. This represents an upside of 35.83% as compared to its current share price of ₹ 957.10 apiece.
Tata Steel Ltd
Jefferies has a buy rating on the Tata group company with a target price of ₹ 145.00 apiece. This implies an upside of 35.32% as compared to its current share price of ₹ 107.15 apiece.
Titan Ltd
HSBC has a buy rating on the consumer discretionary company from the Tata Group. It has a buy call on the shares with a target price of ₹ 3350.00 apiece. This indicates an upside of 36.18% as compared to its share price of ₹ 2460.00 apiece.
Jubilant FoodWorks Ltd
ICICI Securities has a buy call on the shares of the food service company with a target price of ₹ 630.00 apiece. This translates to an upside of 47.32% as compared to its current share price of ₹ 427.65 apiece.
Shyam Metalics and Energy Ltd
ICICI Securities has a buy call on the shares of the iron and steel company with a target price of ₹ 570.00 per share. This implies an upside of 104.59% as compared to its current share price of ₹ 278.60 apiece.
Written by Simran Bafna
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