Hot Stocks: 3 stocks expected to give 23%-49% return

Value company at 18 times FY26 estimated PE Rato, which is a 20% premium to peers- Craftsman and Sansera- on superior franchise and growth outlook.

Following the recent plunge in small-cap and mid-cap shares, ET looks at some of the latest by . These are expected to return between 23% and 49% as per analysts’ .

Shriram Pistons & Rings

BROKERAGE:
Price Target: Rs 2,450 CMP: Rs 1,647 Upside: 49%

Initiate coverage with 'buy' rating as co has dominant 40-45% share in core products across segments
Current valuations (PE Ratio), at 11 times FY26 earnings estimates is attractive, given company’s leadership market positioning and robust financials
Value company at 18 times FY26 estimated PE Ratio, which is a 20% premium to peers- Craftsman and Sansera- on superior franchise and growth outlook.

BROKERAGE:
Price Target: Rs 500 CMP: Rs 356.8 Upside: 40%

Current valuation of 10.5 times FY26 estimated earnings disregards positives
Improving sugar prices with likely reduction in acreage in Maharashtra and Karnataka in the coming season
Increased earnings from ethanol capacity; foray into polylactic acid can be as large as 15-25% of current market-cap

BROKERAGE: MOTILAL OSWAL
Price Target: Rs 720 CMP: Rs 585 Upside: 23%

Merger with Fincare SFB will augment AU’s loan book by 16%; combined entity to grow 25%
Post-merger, AU will gain presence in high-yielding MFI and Gold loan segments
Fincare's robust presence in southern India complements AU's stronger presence in the North

Source: Stocks-Markets-Economic Times