Jefferies Recommends 4 Stocks with Potential Upside

A big investment company called Jefferies thinks some Indian companies are great to invest in right now.

They gave a 'Buy' signal for four specific companies: Indian Oil Corporation, Sona BLW, Indus Towers, and Supreme Industries.

Jefferies believes these companies will do well and their stock prices could go up by as much as 28%.

They looked at how well these companies did in their most recent financial reports and liked what they saw.

For example, Indian Oil had better profits than expected because of its gas business.

Sona BLW is doing well because of new orders for car parts and trains.

Indus Towers is expected to do better if a large mobile company pays its dues.

Supreme Industries is growing because people are buying more of its plastic pipes for homes and infrastructure.

Jefferies has set new price goals for these stocks, showing they expect them to climb.