Axis Bank and 4 other stocks to buy now for an upside of up to 60%; Do you hold any?

Top brokerages like Jefferies, Motilal Oswal and Goldman Sachs have recently highlighted a set of Indian stocks they believe could deliver strong growth in the coming months. Backed by solid business performance, improving market conditions and steady earnings outlooks, these picks offer investors a chance to earn potential returns of up to 60 percent. For anyone seeking high-growth opportunities, these stocks stand out as promising candidates.

Here are a few stocks recommended by Jefferies, Motilal Oswal and Goldman Sachs with a high growth potential of up to 60 percent:

PB Fintech Limited

With a market capitalization of Rs. 83,419.86 crore, the shares of PB Fintech Limited were currently trading at Rs. 1,808.05 per equity share, rising nearly 1.21 percent from its previous day’s close price of Rs. 1,786.50. 

Jefferies, a prominent brokerage firm, has recommended a “Buy” call on PB Fintech Limited with a target price of Rs. 2,100 per share, indicating an upside potential of 17.55 percent from its previous day’s close price of Rs. 1,786.50. 

PB Fintech Limited runs India’s largest online platform offering insurance and lending products. It operates digital marketplaces like Policybazaar for insurance and Paisabazaar for credit, providing users easy access to financial services via technology and innovation.

Axis Bank Limited

With a market capitalization of Rs. 3,99,552.22 crore, the shares of Axis Bank Limited were currently trading at Rs. 1287.35 per equity share, down nearly 0.22 percent from its previous day’s close price of Rs. 1,290.15. 

Jefferies, a prominent brokerage firm, has recommended a “Buy” call on Axis Bank Limited with a target price of Rs. 1,430 per share, indicating an upside potential of 11.08 percent.

Axis Bank Limited is a leading private sector bank in India offering commercial banking products and services. It serves corporate, SME, and retail customers with loans, deposits, insurance, and foreign exchange through an extensive branch and ATM network.

Century Plyboards (India) Limited

With a market capitalization of Rs. 18,002.68 crore, the shares of Century Plyboards (India) Limited were currently trading at Rs. 810.30 per equity share, down nearly 0.66 percent from its previous day’s close price of Rs. 815.65. 

Motilal Oswal, a prominent brokerage firm, has recommended a “Buy” call on Century Plyboards (India) Limited with a target price of Rs. 958 per share, indicating an upside potential of 18.23 percent.

Century Plyboards (India) Limited manufactures and sells wood products such as plywood, laminates, doors, veneers, and particle boards. The company offers branded plywood and exports to over 20 countries, also engaging in sustainable practices, including electric vehicle delivery pilots.

Kajaria Ceramics Limited

With a market capitalization of Rs. 17,239.63 crore, the shares of Kajaria Ceramics Limited were currently trading at Rs. 1,082.40 per equity share, down nearly 1.22 percent from its previous day’s close price of Rs. 1,095.80. 

Motilal Oswal, a prominent brokerage firm, has recommended a “Buy” call on Kajaria Ceramics Limited with a target price of Rs. 1,252 per share, indicating an upside potential of 15.67 percent.

Kajaria Ceramics Limited is India’s largest manufacturer of ceramic and vitrified tiles. It produces diverse tile products for walls and floors with a total annual capacity exceeding 90 million square meters, serving both domestic and international markets.

Emami Limited

With a market capitalization of Rs. 23,168.06 crore, the shares of Emami Limited were currently trading at Rs. 527.65 per equity share, rising nearly 2.52 percent from its previous day’s close price of Rs. 514.70. 

Goldman Sachs, a prominent brokerage firm, has recommended a “Buy” call on Emami Limited with a target price of Rs. 825 per share, indicating an upside potential of 60.29 percent from its previous day’s close price of Rs. 514.70. 

Emami Limited is a top Indian FMCG company focused on personal care and healthcare products. Emami offers over 450 natural and Ayurvedic products, reaching consumers across India and globally with well-known brands in wellness and hygiene.

Written By – Nikhil Naik

Disclaimer

The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Axis Bank and 4 other stocks to buy now for an upside of up to 60%; Do you hold any? appeared first on Trade Brains.