Welspun India, UPL, Heritage Foods: Five stocks that are likely to give up to 42% return
Stocks to buy: It's earnings season, and it has been a mixed bag so far for India Inc. Here is a list of five stocks that, according to the brokerages, are expected to give up to 42 per cent returns.
(Disclaimer: The stock recommendations here are from different brokerage houses. These are not the views of Zee Business. Kindly consult your financial adviser before investing in any stocks or securities.)
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Welspun India
Welspun India share price target 2023 Axis Securities has recommended buying shares of Welspun India for a target price of Rs 125 per share, an upside of 10 per cent from the previous close of Rs 114.6 on August 1.
UPL
UPL share price target 2023 Nuvama has recommended buying shares of UPL for a target price of Rs 886 per share, an upside of 42 per cent from the previous close of Rs 625.85 on August 1.
Heritage Foods
Heritage Foods share price target 2023 ICICI Securities has recommended buying shares of Heritage Foods for a target price of Rs Heritage Foods per share, an upside of 15 per cent from the previous close of Rs 252.5 on August 1.
Five-Star Business Finance
Five-Star Business Finance share price target 2023 ICICI Securities has recommended buying shares of Five-Star Business Finance for a target price of Rs 860 per share, an upside of 19 per cent from the previous close of Rs 721.2 on August 1.
Chalet Hotels
Chalet Hotels share price target 2023 ICICI Securities has recommended buying shares of Chalet Hotels for a target price of Rs 603 per share, an upside of 25 per cent from the previous close of Rs 482.25 on August 1.