Are there any fresh investment opportunities on Dalal Street? Domestic equity benchmarks are once again stuck in ranges, with the Nifty 50 having gyrated within a 725-odd point band for the month, as of July 23. The 50-blue-chip gauge has largely see-sawed within the 24,850-25,600 band during this period as investors and analysts track corporate earnings closely.
Here are a few stocks that analysts have handpicked from a fundamental perspective, with targets implying potential gains to the tune of 4-28 per cent.
These seven picks are: ICICI Lombard General Insurance, Mastek, Can Fin Homes, Eternal, Havells India, JK Cement and Titan Company.
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1/7Motilal Oswal Financial Services has a 'buy' rating assigned to Titan shares with a target price of Rs 4,250 apiece.
The brokerage's target indicates a potential upside of 22.4 per cent in the stock, as of July 23.
2/7Geojit has a 'buy' rating on ICICI Lombard shares with a target of Rs 2,244 apiece.
The target implies an upside of 15.9 per cent.
3/7Geojit has a 'buy' call assigned to Masket shares with a target of Rs 3,260 apiece.
The target suggests an upside of 27.9 per cent.
4/7Axis Direct has a 'buy' call on Can Fin Homes with a target price of Rs 925 per share. The target implies an upside of 17.5 per cent.
5/7ICICI Securities has a 'buy' call assigned to Eternal shares with a target of Rs 315.
This target suggests an upside of 4.3 per cent.
6/7ICICI Securities has a 'buy' rating on Havells India shares with a target of Rs 1,800, which indicates an upside of 14.5 per cent.
7/7Emkay has a 'buy' call on JK Cement shares with a target of Rs 7,300 apiece.
The target indicates an upside of 10.4 per cent.