2 weeks ago

Top Brokerages Bullish on 8 Stocks With Up to 42% Upside

Top Brokerages Bullish on 8 Stocks With Up to 42% Upside
SBI Life, HAL MCX to VA Tech Wabag: Why top brokerages are bullish on 8 stocks with 11% to 42% upside potential · financialexpress.com

Big financial research companies, called brokerages, study businesses that sell shares to the public.

After those companies shared their first-quarter results, the brokerages wrote reports saying they believe eight of them will do well.

When a brokerage likes a stock, it gives a 'target price' — the price it thinks the share could reach.

The reports suggest the shares could rise by about 9% to 42%.

The eight companies make aircraft, trucks and auto parts, run hospitals, sell eyewear, trade gold and other commodities, build water treatment plants, and sell life insurance.

The analysts point to strong sales, growing demand, and big order backlogs.

For example, hospital chain Apollo Hospitals grew its revenue by 21% from last year, and aircraft maker HAL has an order book of about $26 billion.

But these predictions are not guarantees, and stock prices can go down as well as up, so investors should always do their own research first.

Key facts

Stocks covered
8 — HAL, Tata Motors CV, Bharat Forge, Apollo Hospitals, MCX, Lenskart, VA Tech Wabag, SBI Life
Implied upside range
Roughly 9% to 42%
Highest projected upside
SBI Life — BNP Paribas target Rs 2,670 (about 42%)
HAL order book
Around $26 billion; CLSA sees about Rs 10.3 lakh crore opportunity over the next decade
Apollo Q1FY27 growth
Revenue +21% YoY; EBITDA +28%; PAT +34%
MCX catalyst
Proposed FPI access to physically settled non-agricultural commodity derivatives
VA Tech Wabag order book
Around Rs 19,400 crore; bid pipeline of about Rs 40,000 crore
Brokerages cited
JP Morgan, Jefferies, Morgan Stanley, BNP Paribas, HSBC, CLSA, Motilal Oswal, JM Financial, Emkay Global

Quotes

Santanu Chakrabarti

Analyst, BNP Paribas India

“Analyst Santanu Chakrabarti said SBI Life’s APE grew 13% year‑on‑year in FY26, while VNB increased around 12.1% to Rs 6,670 crore.”
financialexpress.com

Sources

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