Hot Stocks: 3 stocks that may give returns between 15-31%

A look at some of the latest stock recommendations by analysts. These stocks are expected to return between 15% and 31% as per analysts’ price targets.

A look at some of the latest stock recommendations by . These are expected to return between 15% and 31% as per analysts’ .

BROKERAGE: AXIS SECURITIES Price Target: Rs 185 CMP: Rs 141.9 Upside: 30.4%

Well positioned to capture wind sector market share with stronger and robust
Post promoter infusion, interest-bearing debt reduced to nil
Company to return to profitability from FY25

BROKERAGE: EMKAY GLOBAL Price Target: Rs 500 CMP: Rs 412 Upside: 21.4%

Stock’s doubling within one year reflects improved business prospects and greater visibility on execution of expansion plans
Stock yet to factor in project execution which is expected to double group’s revenue in 3-4 years
Transition from 'potential’ to ‘delivery’ phase is likely to create meaningful shareholder value

Dr Reddy’s Laboratories
BROKERAGE: JM FINANCIAL Price Target: Rs 7,390 CMP: Rs 6400 Upside: 15.5%

Haleon’s non-US nicotine replacement therapy unit buyout to leverage customer relationships and give opportunity to cross-sell
Cash generating asset acquired at a reasonable value
Acquisition alleviates concerns around post Revlimid scenario

Source: Stocks-Markets-Economic Times