Stocks to Buy: Bharat Dynamics and 6 other stocks that...

Synopsis: Stocks like Coforge, V-Mart Retail, Shriram Finance, VA Tech Wabag, Bharat Dynamics and Nazara Technologies are recommended by Motilal Oswal, ICICI Securities and Choice Institutional Equities, offering strong fundamentals and high growth potential up to 63%.

Six stocks have been recommended by leading brokerage and research houses such as Motilal Oswal, ICICI Securities, and Choice Institutional Equities. These picks are backed by strong fundamentals, sector tailwinds, and growth-oriented strategies, with the potential to deliver high returns of up to 63 percent over the medium to long term.

Here are a few stocks recommended by Motilal Oswal, ICICI Securities and Choice Institutional Equities with a high growth potential of up to 63 percent:

Crompton Greaves Consumer Electricals Limited

With a market capitalization of Rs. 16,194.46 crore, the shares of Crompton Greaves Consumer Electricals Limited were currently trading at Rs. 251.50 per equity share, down nearly 0.24 percent from its previous day’s close price of Rs. 252.10.

Elara Capital, a prominent brokerage firm, has recommended a “Buy” call on Crompton Greaves Consumer Electricals Limited with a target price of Rs. 410 per share, indicating an upside potential of 63.28 percent.

Crompton Greaves Consumer Electricals Limited was demerged in 2015 from Crompton Greaves Ltd, with roots tracing to 1937 as Crompton Parkinson Works in Mumbai, which manufactures consumer electrical products. It leads in fans, pumps, LED lighting, and appliances like water heaters, air coolers, kitchen items under ECD and lighting segments, with factories in Goa, Vadodara, Ahmednagar, and Baddi.

Coforge Limited

With a market capitalization of Rs. 54,946.86 crore, the shares of Coforge Limited were currently trading at Rs. 1,640 per equity share, down nearly 0.69 percent from its previous day’s close price of Rs. 1,651.40.

Motilal Oswal, a prominent brokerage firm, has recommended a “Buy” call on Coforge Limited with a target price of Rs. 2,500 per share, indicating an upside potential of 52.44 percent.

Coforge Limited was founded in 1992 as NIIT Technologies and rebranded in 2020. It is an Indian IT services company and helps global clients in banking, insurance, travel, and manufacturing with digital solutions like cloud computing, AI, automation, data analytics, and cybersecurity to boost business efficiency and innovation.

V-Mart Retail Limited

With a market capitalization of Rs. 5,816.53 crore, the shares of V-Mart Retail Limited were currently trading at Rs. 732.20 per equity share, rising nearly 4.59 percent from its previous day’s close price of Rs. 700.05.

Motilal Oswal, a prominent brokerage firm, has recommended a “Buy” call on V-Mart Retail Limited with a target price of Rs. 1,040 per share, indicating an upside potential of 48.56 percent from its previous day’s close price of Rs. 700.05.

V-Mart Retail Limited was established in 2002 in West Bengal and runs a discount retail chain store across India. It sells affordable fashion clothes, footwear, household items, beauty products, and groceries, targeting middle and lower-income families in small towns and rural areas for everyday shopping needs

Shriram Finance Limited

With a market capitalization of Rs. 1,89,302.65 crore, the shares of Shriram Finance Limited were currently trading at Rs. 1,006.20 per equity share, down nearly 0.26 percent from its previous day’s close price of Rs. 1,008.80.

ICICI Securities, a prominent brokerage firm, has recommended a “Buy” call on Shriram Finance Limited with a target price of Rs. 1,225 per share, indicating an upside potential of 21.75 percent.

Shriram Finance Limited was formed in 1979 from mergers and is a leading NBFC. It provides vehicle loans, gold loans, home loans, personal loans, MSME financing, and two-wheeler financing mainly to underserved customers in rural and semi-urban India.

Va Tech Wabag Limited

With a market capitalization of Rs. 8,210.78 crore, the shares of Va Tech Wabag Limited were currently trading at Rs. 1,318 per equity share, rising nearly 2.02 percent from its previous day’s close price of Rs. 1,291.95.

Motilal Oswal, a prominent brokerage firm, has recommended a “Buy” call on Va Tech Wabag Limited with a target price of Rs. 1,900 per share, indicating an upside potential of 44.16 percent.

Va Tech Wabag Limited was founded in 1995 in Chennai and is a water technology firm. It designs, builds, and operates water treatment plants, sewage systems, desalination units, and wastewater recycling projects for governments, cities, industries, and utilities worldwide.

Bharat Dynamics Limited

With a market capitalization of Rs. 56,140.88 crore, the shares of Bharat Dynamics Limited were currently trading at Rs. 1,531 per equity share, rising nearly 0.93 percent from its previous day’s close price of Rs. 1,494.60.

Motilal Oswal, a prominent brokerage firm, has recommended a “Buy” call on Bharat Dynamics Limited with a target price of Rs. 2,000 per share, indicating an upside potential of 30.63 percent.

Bharat Dynamics Limited is engaged in producing missiles, torpedoes, anti-tank guided missiles, and underwater weapons, plus refurbishment for the Indian armed forces. As the PSU manufacturer, it operates from Hyderabad, Bhanur, and Visakhapatnam facilities.

Nazara Technologies Limited

With a market capitalization of Rs. 10,691.62 crore, the shares of Nazara Technologies Limited were currently trading at Rs. 285.20 per equity share, rising nearly 1.19 percent from its previous day’s close price of Rs. 285.20.

Choice Institutional Equities, a prominent brokerage firm, has recommended a “Buy” call on Nazara Technologies Limited with a target price of Rs. 390 per share, indicating an upside potential of 36.76 percent.

Nazara Technologies Limited was incorporated in 1999 in Mumbai and is a diversified gaming company. It publishes mobile games, runs esports platforms, offers gamified education apps, and provides sports media content across India and international markets.

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