5 Stocks To Buy For Long Term: Brokerage targets indicate up to 31% upside — Asian Paints, Biocon, Kalpataru Projects on the list

Biocon is a Bengaluru-based biopharmaceutical company with a presence in more than 120 countries and operations spanning generics, biosimilars, research services and novel biologics. The company focuses on affordable treatments for chronic illnesses such as diabetes and cancer. Sharekhan expects Biocon’s long-term performance to improve gradually as biosimilar launches gain scale and operational efficiencies help stabilise margins, despite near-term volatility in the sector. Biocon closed at Rs 391. The brokerage has maintained a Buy rating on the stock with a target price of Rs 462, indicating an upside potential of 18 per cent from current levels. The stock’s 52-week high stands at Rs 425, while the low is Rs 291.

Asian Paints is India’s largest paint manufacturer and one of the leading decorative coatings companies globally, with a strong presence across decorative and industrial paints, waterproofing solutions and surface finishes. While demand has softened in recent quarters, Sharekhan believes the company remains a long-term compounder, supported by brand strength, distribution reach and the potential recovery in housing and construction activity. The stock last closed at Rs 2,815. Sharekhan has given a Buy recommendation with a target price of Rs 3,360, implying an upside of 19 per cent. Asian Paints has traded between a 52-week high of Rs 2,985 and a low of Rs 2,125.

Kalpataru Projects is a leading engineering, procurement and construction company with exposure to power transmission, buildings, water supply, railways, oil and gas pipelines and urban infrastructure. With projects spread across more than 30 countries, the company benefits from a diversified order book and consistent execution capabilities. Sharekhan sees strong earnings visibility for Kalpataru Projects, driven by sustained infrastructure spending and international opportunities. The stock closed at Rs 1,199. The brokerage has reiterated a Buy call with a target price of Rs 1,570, suggesting an upside potential of 31 per cent, the highest among its recommended stocks. The 52-week high and low for the stock are Rs 1,335 and Rs 770, respectively.

Transport Corporation of India operates across freight transport, supply chain solutions and coastal shipping, with operations extending to Bangladesh, Nepal and the Middle East. Sharekhan expects the company to benefit from improving logistics efficiency, growing warehousing demand and rising coastal cargo movement, which should support steady long-term growth. The stock closed at Rs 1,079. Sharekhan has issued a Buy recommendation with a target price of Rs 1,350, indicating a potential upside of 25 per cent. The stock’s 52-week high is Rs 1,299, while the low is Rs 875.

Ratnamani Metals is a specialised manufacturer of stainless steel, carbon steel and nickel alloy pipes used across oil and gas, refineries, petrochemicals, power, fertilisers and chemical industries. Sharekhan believes the company is well positioned to benefit from sustained domestic and global capital expenditure cycles, supported by a healthy order book and strong balance sheet. Ratnamani Metals closed at Rs 2,308. The brokerage has maintained a Buy rating with a target price of Rs 2,900, which translates into an upside potential of 26 per cent. The stock has traded between a 52-week high of Rs 3,220 and a low of Rs 2,258.

The views, suggestions and recommendations expressed in this article are solely those of investment experts. Zee Business advises readers to consult their financial advisers before taking any investment decision.