The Benchmark Indices concluded Tuesday’s trading session negatively, with the Sensex decreasing by 67.3 points, or nearly 0.08 percent, ending the day at 78,472.87.
Meanwhile, the Nifty 50 index decreased by about 25.8 points, equivalent to a decline of nearly 0.11 percent, and closed in the red at 23,727.65.
Over the previous five trading sessions, the Nifty 50 index experienced a fall of about 2.5 percent, while the Sensex saw a decline of around 2.7 percent.
Below are eleven stocks that Trade Brains have recommended for the next 12 months for a potential upside of up to 35 percent:
1. Dr Reddy’s Laboratories Limited
With a market capitalisation of Rs. 1.12 lakh crores, the shares of a leading Indian multinational pharmaceutical company moved up by nearly 2 percent on BSE to Rs. 1,365 on Tuesday.
The analysts of Trade Brains have issued a ‘buy’ rating for Dr Reddy’s Laboratories, setting a target price of Rs. 1,406 per share, indicating a potential upside of nearly 4 percent from Tuesday’s closing price of Rs. 1,351.
Founded in 1984, Dr. Reddy’s Laboratories specialises in Active Pharmaceutical Ingredients (API), generics, biosimilars, and over-the-counter products, along with addressing patient needs in gastroenterology, cardiovascular, oncology, diabetology, and dermatology.
2. Dabur India Limited
With a market capitalisation of Rs. 90,343.8 crores, the shares of a leading FMCG company and a global leader in Ayurvedic products moved up by nearly 1.2 percent on BSE to Rs. 515.8 on Tuesday.
The analysts of Trade Brains have issued a ‘buy’ rating for Dabur India, setting a target price of Rs. 610 per share, indicating a potential upside of nearly 20 percent from Tuesday’s closing price of Rs. 509.75.
Dabur India Limited is structured into three strategic business units: Consumer Care Division, International Business Division, and Consumer Health Division. It operates across key consumer product categories, including Hair Care, Oral Care, Health Care, Skin Care, Home Care, and Foods.
3. Adani Ports & Special Economic Zone Limited
With a market capitalisation of Rs. 2.55 lakh crores, the shares of India’s largest commercial port operator moved up by nearly 1 percent on BSE to Rs. 1,202.9 on Tuesday.
The analysts of Trade Brains have issued a ‘buy’ rating for Adani Ports, setting a target price of Rs. 1,450 per share, indicating a potential upside of nearly 23 percent from Tuesday’s closing price of Rs. 1,182.55.
Adani Ports and Special Economic Zone Limited (APSEZ) operates across 15 domestic ports located in seven maritime states, and handles a wide range of cargo types, including dry bulk, liquid cargo, crude oil, & containerized cargo.
4. Bajaj Finserv Limited
With a market capitalisation of Rs. 2.49 lakh crores, the shares of a leading financial services conglomerate in India moved up by nearly 0.6 percent on BSE to Rs. 1,572.95 on Tuesday.
The analysts of Trade Brains have issued a ‘buy’ rating for Bajaj Finserv, setting a target price of Rs. 1,950 per share, indicating a potential upside of nearly 25 percent from Tuesday’s closing price of Rs. 1,563.35.
Incorporated in 2007, Bajaj Finserv Limited is a leading financial services conglomerate in India, encompassing various subsidiaries that provide a wide range of financial products.
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5. Reliance Industries Limited
With a market capitalisation of Rs. 16.55 lakh crores, the shares of the largest company by market capitalization in India moved up by nearly 1 percent on BSE to Rs. 1,233.45 on Tuesday.
The analysts of Trade Brains have issued a ‘buy’ rating for Reliance Industries, setting a target price of Rs. 1,526 per share, indicating a potential upside of nearly 25 percent from Tuesday’s closing price of Rs. 1,223.5.
Reliance Industries Limited is the largest company by market capitalization in India, and has its presence in Oil & Gas, Retail, Digital Services (Jio) Media and Entertainment, and New Energy which the company has been expanding into.
6. IndusInd Bank Limited
With a market capitalisation of Rs. 72,911.4 crores, the shares of a prominent private sector bank in India, moved up by nearly 0.2 percent on BSE to Rs.
945.85 on Tuesday.
The analysts of Trade Brains have issued a ‘buy’ rating for IndusInd Bank, setting a target price of Rs. 1,180 per share, indicating a potential upside of nearly 26 percent from Tuesday’s closing price of Rs. 935.9.
Founded in 1994, IndusInd Bank Limited is a prominent private sector bank in India, offering a diverse range of financial services, including retail and corporate banking.
7. Asian Paints Limited
With a market capitalisation of Rs. 2.18 lakh crores, the shares of India’s leading integrated home décor player moved up by nearly 1 percent on BSE to Rs. 2,295 on Tuesday.
The analysts of Trade Brains have issued a ‘buy’ rating for Asian Paints, setting a target price of Rs. 2,950 per share, indicating a potential upside of nearly 29 percent from Tuesday’s closing price of Rs. 2,283.
Founded in 1942, Asian Paints stands as the number-one player in integrated home décor, decorative lighting, fabric, and furnishing.
8. Hero Motocorp Limited
With a market capitalisation of Rs. 85,099.8 crores, the shares of the world’s largest manufacturer of motorcycles and scooters moved up by nearly 1 percent on BSE to Rs. 4,315.3 on Tuesday.
The analysts of Trade Brains have issued a ‘buy’ rating for Hero Motocorp, setting a target price of Rs. 5,550 per share, indicating a potential upside of nearly 30 percent from Tuesday’s closing price of Rs. 4,255.
Hero MotoCorp, formerly known as “Hero Honda”, is the world’s largest Two-Wheeler manufacturer with a 31% market share in the domestic two-wheeler market, 43.2% Domestic motorcycle market share, 5.8% market share in the total exports, and a 20% market share in the 125cc segment (Glamour, Splendor & Xtreme 125R).
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9. AU Small Finance Bank Limited
With a market capitalisation of Rs. 41,392.4 crores, the shares of a leading Indian scheduled commercial bank moved up by nearly 1.5 percent on BSE to Rs. 557.25 on Tuesday.
The analysts of Trade Brains have issued a ‘buy’ rating for AU Small Finance Bank, setting a target price of Rs. 730 per share, indicating a potential upside of nearly 31 percent from Tuesday’s closing price of Rs. 556.25.
Established in 1996, AU Small Finance Bank is engaged in offering a wide range of financial services, including savings accounts, term deposits, loans for small and marginal farmers, loans for two-wheelers, passenger cars, business banking, credit cards, and microfinance.
10. Avenue Supermarts Limited
With a market capitalisation of Rs. 2.24 lakh crores, the shares of a leading hypermarket brand in India moved up by nearly 1.7 percent on BSE to Rs. 3,522.5 on Tuesday.
The analysts of Trade Brains have issued a ‘buy’ rating for Avenue Supermarts, setting a target price of Rs. 4,550 per share, indicating a potential upside of nearly 32 percent from Tuesday’s closing price of Rs. 3,451.55.
Established in 2002, Avenue Supermarts Ltd. operates supermarkets under the brand name “D-Mart” specializes in organized retail and offers a diverse range of products, including groceries, household items, personal care products, and apparel.
11. Tata Motors Limited
With a market capitalisation of Rs. 2.71 lakh crores, the shares of a prominent global automobile manufacturer moved up by nearly 3.2 percent on BSE to Rs. 745 on Tuesday.
The analysts of Trade Brains have issued a ‘buy’ rating for Tata Motors, setting a target price of Rs. 993 per share, indicating a potential upside of nearly 35 percent from Tuesday’s closing price of Rs. 736.35.
Tata Motors Limited, a part of the Tata Group, designs, produces, and sells a wide variety of vehicles, including passenger cars, trucks, vans, buses, and defence vehicles. Tata Motors offers a comprehensive range of vehicles that serve both cargo transport and public mobility segments.
Written by Shivani Singh
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
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