5 Stocks to BUY: Brokerages pick Trent, HAL and others; upside potential up to 51% — check full list

Axis Direct has reiterated its BUY recommendation on Ujjivan Small Finance Bank, maintaining an unchanged target price of Rs 74 per share, which implies an upside potential of around 23 per cent from the current market price of Rs 59.24. The brokerage remains positive on the stock’s outlook, backed by improving fundamentals and growth visibility, even as the stock was last seen trading with a modest gain of 1.26 per cent.

 

BOB Capital Markets has maintained a BUY rating on ICICI Prudential Life Insurance Company, highlighting strong growth driven by expansion in VNB (Value of New Business) margins. The brokerage noted that VNB margins remained resilient, with a sharp expansion of 190 basis points year-on-year in FY26, supported by a favourable shift in product mix towards higher-margin offerings. It has set a target price of Rs 760, implying an upside potential of 36.2 per cent from the current market price of Rs 556. The stock was last trading at Rs 556, down 0.94 per cent on the day.

 

Nomura has maintained a BUY rating on Nuvoco Vistas Corporation with a target price of Rs 470, implying a strong upside of upto 51 per cent from the current market price of around Rs 310. The brokerage noted that better realisations helped drive an EBITDA beat in Q4FY26, supporting overall performance. However, management has flagged near-term headwinds due to geopolitical uncertainty, which could lead to higher fuel and packaging costs and put pressure on margins over the next one to two quarters. Meanwhile, the company’s board has approved the setting up of a 1.5 MTPA bulk cement terminal at Viramgam, indicating continued focus on capacity expansion and long-term growth. The stock was last trading at Rs 310.20, up 1.72 per cent on the day.      

Citi has maintained a BUY rating on Hindustan Aeronautics Limited with a target price of Rs 5,560, implying an upside of around 27.2 per cent from the current market price of Rs 4,371. The brokerage said recent headlines around the F414 engine programme reinforce the company’s medium-term growth pipeline, particularly in relation to the Tejas Mk2 programme. While execution risks and timelines around commercial formalisation remain key monitorables, the development is seen improving order visibility going forward. Citi also noted that the evolving programme could strengthen HAL’s role in the AMCA project, irrespective of final assembly arrangements. The stock was last trading at Rs 4,371, up 3.11 per cent.      

HSBC has maintained a BUY rating on Trent Limited, while cutting its target price to Rs 4,800 from Rs 5,300, implying an upside of around 17.4 per cent from the current market price of Rs 4,088. The brokerage said comfort on the company’s growth outlook is improving, supported by store expansion momentum, particularly in its value fashion format Zudio. It highlighted that achieving around 200 store additions in FY26, despite some moderation in productivity, provides strong visibility for FY27 and beyond. HSBC expects key performance triggers to be sustained growth of 18–20 per cent along with no meaningful impact from cannibalisation or rising competition. It has also pencilled in like-for-like (LFL) growth of around 4 per cent for Zudio in FY27. The stock was last trading at Rs 4,088.40, up 2.77 per cent.

     

The views and investment recommendations mentioned are those of the respective brokerages and do not represent the views of this platform. Investors are advised to consult certified financial advisors before making any investment decisions, as market conditions and individual risk profiles may vary.