Eight brokerage houses identified 58 promising stocks across sectors like hospitality, information technology, and capital goods to help investors capture festive market momentum. Large-cap staples like Larsen & Toubro, Indian Hotels Company, and Eternal secured broad consensus across multiple portfolios. Meanwhile, high-beta and mid-cap ideas surfaced with significant growth projections, such as TVS Supply Chain Solutions commanding an estimated 116% upside target of Rs 240. Other firms including ICICI Direct and Axis Direct highlighted specialized industrial and chemical companies to deliver steady double-digit gains.
Key points
Brokerages found significant cross-firm consensus around heavyweights in the banking, hos…: Brokerages found significant cross-firm consensus around heavyweights in the banking, hospitality, and capital goods sectors.
Individual stock target projections ranged broadly, reaching as high as triple-digit upsi…: Individual stock target projections ranged broadly, reaching as high as triple-digit upsides in select logistics and consumer tech names.
Specialized mid-cap picks like Venus Pipes and Tubes, Neogen Chemicals, and Sambhv Steel…: Specialized mid-cap picks like Venus Pipes and Tubes, Neogen Chemicals, and Sambhv Steel provide additional upside avenues beyond large-cap mainstays.
Sources checked by our analysis pipeline: 1
Spanning sectors such as banking, defence, capital goods, pharmaceuticals, IT, automobiles and hospitality, the recommendations feature a mix of established market leaders and emerging growth opportunities. While some stocks find favour across multiple brokerages, their target prices point to varying upside potential.
Which stocks are finding favour across brokerages?
Eternal, Larsen & Toubro (L&T) and Indian Hotels Company are the most widely recommended stocks, featuring in four brokerage portfolios each.Eternal has been picked by Geojit, JM Financial, Axis Direct and Motilal Oswal Wealth Management. L&T features in the recommendations of Geojit, JM Financial, SMIFS and Motilal Oswal Wealth Management.
Indian Hotels Company, meanwhile, has been included in the portfolios of Geojit, Axis Direct, ICICI Direct and SBI Securities.
Kotak Mahindra Bank is another recurring recommendation, appearing in the portfolios of Geojit, Motilal Oswal Wealth Management and ICICI Direct.
Other stocks featuring in more than one brokerage portfolio include ICICI Bank, Tech Mahindra, Tata Steel and Adani Ports.
Which stocks have the highest upside potential?
Among the brokerages that have disclosed target prices and estimated upside potential, SMIFS has identified some…
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