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Stocks to buy for upto 50% upside in coming weeks

1 week ago
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Reliance Industries, Tata Motors, Coal India Hit 52-Week Low
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Brokerage firms have identified eight stocks with potential upside of upto 50%. Here is the list of the stocks:

Dr Reddy’s Laboratories (24.8% upside) :  JM Financial has a ‘Buy’ rating with a target price of Rs 1,545, citing strong growth in India and emerging markets.

Mphasis (21.3% upside) : JM Financial has a ‘Buy’ rating with a target price of Rs 3,330, highlighting strong traction in BFSI and AI-led deal wins.

-KEI Industries (36.1% upside)  : JM Financial has a ‘Buy’ rating with a target price of Rs 5,200, citing margin expansion and strong revenue growth.

-Waaree Energies (49.6% upside) :  Nomura has a ‘Buy’ rating with a target price of Rs 3,890, highlighting order book strength and capacity expansion.

United Spirits (23% upside)  : Nomura has a ‘Buy’ rating with a target price of Rs 1,650, citing long-term premiumisation potential.

Tata Communications (45.2% upside): JM Financial has a ‘Buy’ rating with a target price of Rs 2,250, highlighting steady data growth and improving profitability.

Zee Entertainment Enterprises (34.5% upside) : JM Financial has a ‘Buy’ rating with a target price of Rs 110, citing improvement in digital profitability.

Glenmark Pharma (17% upside) : Choice Institutional Equities has a ‘Buy’ rating with a target price of Rs 2,235.

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