RBL bank and 4 other stocks to buy now for an upside potential of upto 43%

RBL bank and 4 other stocks to buy now for an upside potential of upto 43%


Stock recommendations guide investors on buying, selling, or holding stocks based on expert market analysis. A buy call recommendation tells investors to purchase a stock because it’s expected to rise in value based on favorable analysis. Here are a few financially strong stocks recommended by analysts with high-growth potential of up to 43 percent: 

1. Anant Raj Limited 

Anant Raj Limited, established in 1985, is a leading Indian real estate developer specializing in residential townships, IT parks, and commercial projects. With over 20 million square feet developed, it focuses on quality, innovation, and sustainable practices across various sectors. 

With a market capitalization of Rs. 25,232 crore, the share price of Anant Raj Limited closed at Rs. 738 per share on Friday, up by 1.10 percent from its previous close. 

Emkay Global Financial Services, a prominent brokerage firm, has recommended a “Buy” call on Anant Raj Limited with a target price of Rs. 925 per share, indicating an upside potential of 24.9 percent. 

Anant Raj Limited’s revenue has increased from Rs. 957 crore in FY23 to Rs. 1,483 crore in FY24, which has grown by 54.96 percent. The net profit of the company has increased by 81.88 percent, from Rs. 149 crore in FY23 to Rs. 271 crore in FY24. 

2. RBL Bank Limited 

RBL Bank Limited is formerly known as Ratnakar Bank Limited, is a private sector bank in India founded in 1943 and headquartered in Mumbai. It operates across five business verticals: corporate banking, commercial banking, branch banking, retail assets, and Treasury operations. 

With a market capitalization of Rs. 10,597 crore, the share price of RBL Bank Limited closed at Rs. 174 per share on Friday, up by 0.09 percent from its previous close. 

Emkay Global Financial Services, a prominent brokerage firm, has recommended a “Buy” call on RBL Bank Limited with a target price of Rs. 250 per share, indicating an upside potential of 43.1 percent. 

RBL Bank Limited’s revenue has increased from Rs. 9,677 crore in FY23 to Rs. 12,394 crore in FY24, which has grown by 28.08 percent. The net profit of the company has increased by 32.28 percent, from Rs. 883 crore in FY23 to Rs. 1168 crore in FY24. 

3. TBO Tek Limited

With a market capitalization of Rs. 16,567 crore, the share price of TBO Tek Limited closed at Rs. 1,524 per share on Friday, up by 0.31 percent from its previous close. 

AnandRathi, a prominent brokerage firm, has recommended a “Buy” call on TBO Tek Limited with a target price of Rs. 2070 per share, indicating an upside potential of 35.8 percent. 

TBO Tek Limited’s revenue has increased from Rs. 1,065 crore in FY23 to Rs. 1393 crore in FY24, which has grown by 30.8 percent. The net profit of the company has increased by 35.81 percent from Rs. 148 crore in FY23 to Rs. 201 crore in FY24. 

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4. Epack Durable Limited 

Epack Durable Limited was incorporated on April 20, 2019, in Greater Noida, India, and specializes as an original design manufacturer (ODM) of air conditioners and small domestic appliances. 

With a market capitalization of Rs. 4,121 crore, the share price of Epack Durable Limited closed at Rs. 429 per share on Friday, down by 0.54 percent from its previous close. 

LKP Securities Limited, a prominent brokerage firm, has recommended a “Buy” call on Epack Durable Limited with a target price of Rs. 575 per share, indicating an upside potential of 33.9 percent. 

Epack Durable Limited’s revenue has decreased from Rs. 1,539 crore in FY23 to Rs. 1,420 crore in FY24, which has down by 7.73 percent. The net profit of the company has increased by 9.38 percent from Rs. 32 crore in FY23 to Rs. 35 crore in FY24. 

5. Solar Industries India Limited 

Solar Industries India Limited is a leading Indian manufacturer of industrial explosives and explosive-initiating devices, incorporated in 1995. Headquartered in Nagpur, the company specializes in a wide range of products, including packaged emulsion explosives, bulk explosives, and defense materials such as high-energy propellants 

With a market capitalization of Rs. 97,855 crore, the share price of Solar Industries India Limited closed at Rs. 10,811 per share on Friday, down by 0.12 percent from its previous close. 

ICICI Securities, a prominent brokerage firm, has recommended a “Buy” call on Solar Industries India Limited with a target price of Rs. 13,250 per share, indicating an upside potential of 22.5 percent. 

Solar Industries India Limited’s revenue has decreased from Rs. 6,918 crore in FY23 to Rs. 6,070 crore in FY24, which has down by 12.26 percent. The net profit of the company has increased by 7.89 percent from Rs. 811 crore in FY23 to Rs. 875 crore in FY24.

Written By – Nikhil Naik

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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