Hot Stocks: 3 stocks that can give returns between 12-45%
These stocks are expected to return between 12% and 45% as per analysts’ price targets.
A look at some of the latest stock recommendations by analysts. These stocks are expected to return between 12% and 45% as per analysts’ price targets.BROKERAGE: Price Target: Rs 500 CMP: Rs 408 Upside: 22%
BROKERAGE: AMBIT Price Target: Rs 920 CMP: Rs 821 Upside: 12%
BROKERAGE: ELARA CAPITAL Price Target: Rs 778 CMP: Rs 536 Upside: 45%
- Initiates with a buy as company’s profile to see steady expansion
- Offline shift to drive a steady scale-up in its business, push revenue growth
- Management looking to keep business asset light
BROKERAGE: AMBIT Price Target: Rs 920 CMP: Rs 821 Upside: 12%
- Foray into new markets through hospital buyouts to boost revenues from FY25
- Company to expand bed capacity by 94% over FY24-27 — most aggressive bed expansion plan among peers
- Despite bed addition plan, fi nancials unlikely to be under any stress because of cash on balance sheet
BROKERAGE: ELARA CAPITAL Price Target: Rs 778 CMP: Rs 536 Upside: 45%
- Transitioning into a lifestyle brand from being an innerwear manufacturer
- Premium valuation versus others reflects superior growth outlook
- Expect company to cross Rs 2,000 crore revenue in FY26 versus Rs 1,393 crore posted in FY23
Source: Stocks-Markets-Economic Times
