Business
Hot Stocks: 3 stocks that may give returns upto 26%
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ET looks at some of the latest stock/security recommendations by analysts. These stocks/ securities are expected to return between 9% and 26% as per analysts’ price targets.
TCS
BROKERAGE UBS
Price Target: Rs 4,700 CMP: Rs 4,103 Upside: 14.6%
- Upgrade stock to ‘buy’ from ‘neutral’ as company could outperform its large peers in revenue growth in FY25
- Market could be positively surprised by margin expansion in the coming quarters
- Stock at the lower end of its long-term valuation premium as against peers
Cello World
BROKERAGE MOTILAL OSWAL
Price Target: Rs 1,100 CMP: Rs 876 Upside: 25.6%
- Initiates coverage with ‘buy’ as Cello is estimated to grow faster than the industry
- Revenue growth of 22% till FY26 driven by strong growth from opalware, writing instruments and new products, such as porcelain
- Margin expected to improve from the current levels of 23.4% to 26.7% by FY26
Embassy REIT
BROKERAGE INVESTEC
Price Target: Rs 400 CMP: Rs 366 Upside: 9%
- Top REITs pick as key overhangs for the stock abating and outlook encouraging
- Blackstone’s exit from the REIT removes a consistent supply overhang on the stock
- Poised to improve occupancy from the current 84% to pre-Covid levels of 95% at incrementally better rental rates
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