Brokerages pick 10 stocks for upto 36% upside

Indian markets hit record levels this week as the Nifty closed above 26,200. While indices soared, stock-specific moves grabbed attention with top brokerages sharing fresh ‘Buy’ calls across sectors.

Jefferies Favourites: Axis Bank, Lenskart, LG ElectronicsJefferies retained a Buy on Axis Bank with a target of Rs 1,430, citing steady growth, healthy retail momentum, and stable asset quality.

It also initiated coverage on Lenskart Solutions with a Rs 500 target, expecting robust multi-channel growth and cost efficiency.

Another new pick, LG Electronics, received a Rs 2,200 target (36% upside) backed by rising Indian demand and premiumisation.

Nuvama Bets on Renewable Story

Nuvama initiated coverage on Premier Energies at Rs 1,270, projecting 32% upside as the firm expands across the new-energy ecosystem. The brokerage also remains bullish on India’s solar manufacturing growth, with integrated players like Premier positioned strongly.

Motilal Oswal on Value Retail, Blue Star

Motilal Oswal reiterated Buy on V-Mart and Vishal Megamart, citing festive sales and firm rural demand. It rated Blue Star ‘Neutral’ with a Rs 1,950 target, expecting steady RAC market gains.

Other Bullish Calls

Anand Rathi placed a Rs 975 target on Finolex Cables, while JP Morgan held Reliance Industries ‘Overweight’ with a Rs 1,727 goal, foreseeing more upside on energy and retail triggers.