5 Stocks To Buy For Long Term: CLSA picks stocks for 2026 with up to 88% upside; ONGC, NHPC, Coforge on list

Coforge is rated Buy, with the stock trading at Rs 1,212.90 and a target price of Rs 2,278, implying an upside of around 87.8 per cent. CLSA maintained its Buy rating while cutting the target price from Rs 2,426.

Persistent Systems carries a Buy rating, trading at Rs 4,731 with a target price of Rs 8,058, indicating an upside of about 70.3 per cent. CLSA remains positive on long-term growth prospects in digital engineering services.

NHPC is rated Buy, with the stock trading at Rs 75.67 and a target price of Rs 117, translating into an upside of around 54.6 per cent. CLSA expects strong long-term growth driven by expansion in renewable energy capacity.

Oil and Natural Gas Corporation is rated Buy, with the stock trading at Rs 277.45 and a target price of Rs 315, implying an upside of around 13.5 per cent. CLSA expects production growth from new offshore projects and improvement in domestic gas output. The brokerage noted dividend payout could rise to around 50 per cent.

Indus Towers carries a Buy rating, trading at Rs 461.45 with a target price of Rs 560, suggesting an upside of about 21.4 per cent. CLSA remains positive on tenancy growth and improving financial position supported by strong cash balance.

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