Now Reading: Brokerage sees up to 95% upside in three stocks
-
01
Brokerage sees up to 95% upside in three stocks
Choice Institutional Equities has set a target price of Rs 1,000 for Jeena Sikho Lifecare, implying a 95.4% upside from its current level of Rs 512. The brokerage has a 'Buy' rating…
Choice Institutional Equities has set a target price of Rs 1,000 for Jeena Sikho Lifecare, implying a 95.4% upside from its current level of Rs 512. The brokerage has a 'Buy' rating on the stock, citing the company's expansion of its Ayurveda healthcare network, aiming for 7,000-10,000 beds in 3-5 years.
Among other stocks, Bajaj Consumer has a target of Rs 715, an upside of 45.8%, with the brokerage noting strong growth in the Almond Drop Hair Oil business and better gross margins. Garden Reach Shipbuilders & Engineers (GRSE) has a target of Rs 3,500, an upside of 33.7%, with the brokerage expecting benefits from defence spending and order pipeline.
Separately, on Business Today's Daily Calls show, WealthMills Securities' Kranti Bathini said RVNL is attractive for medium-to-long-term investors after a correction, advising staggered buying. He noted the initial euphoria in railway stocks has subsided, but the long-term story of railway modernisation remains.
Indian Opinion Analysis
Aajtak.in's report leads with the most aggressive upside figure (95%) across three stocks, framing the brokerage call as a near-term wealth opportunity. Business Today's piece, in contrast, leads with the cooling of the railway theme and positions RVNL as a sober, post-correction buy for patient investors. Aajtak.in omits any caution on timing or valuation risk, while Business Today centres on the valuation correction itself. The balanced take: large-upside brokerage calls are stock-specific and do not signal a broad market rally. The railway stocks discussed by Business Today trade at lower momentum than the picks in the Aajtak.in report, suggesting divergent near-term outlooks across sectors.
Coverage: 2 sources, 1 neutral, 1 sensationalist
Sources (2): aajtak.in (sensationalist), bazaar.businesstoday.in (neutral report)
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
