Analysts Have Fundamental 'Buy' Calls on 7 Largecap & Midcap Stocks: Domestic equity benchmarks Nifty 50 and Sensex are sitting at six-week closing peaks, having delivered their best weekly gains in more than 4 years. For those looking to add quality stocks to their portfolios, especially from the largecap and midcap segments, analysts from various brokerages have handpicked 7 scrips. These stocks are SAIL, Grasim, Welspun Living, Carborundum Universal, Vinati Organics, CreditAccess Grameen and LT Foods.
Read on to learn about these stock picks in detail.
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1/15These stocks are: SAIL, Grasim, Welspun Livng, Carborundum Universal, Vinati Organics, CreditAccess Grameen and LT Foods.
6/15ICICI Securities has a 'buy' call on Grasim with a target price of Rs 3,093.
7/15The brokerage's target price suggests a potential upside of 24.8 per cent in Grasim Industries shares.
8/15Geojit has a 'buy' rating assigned to CreditAccess Grameen shares with a target price of Rs 1,130.
10/15Geojit Financial Services has a 'buy' call on Welspun Living shares with a target price of Rs 156.
13/15The brokerage's target price implies a potential upside of 12.7 per cent in the steelmaker's stock.
14/15The brokerage has a 'buy' call on LT Foods shares with a target of Rs 460.
15/15MOFSL's target suggests a 20.6 per cent upside in the LT Foods stock.