Synopsis: Brokerages recommend five stocks, including Va Tech Wabag, with potential upside up to 54 percent, spanning sectors like water treatment, retail, sportswear, infrastructure, and real estate.
Investors should focus on these stocks due to robust fundamentals, sector-specific opportunities, and well-established business models. High brokerage ratings and projected upside of up to 54 percent highlight their potential for attractive returns.
These recommendations span water treatment, infrastructure, luxury retail, sportswear, and real estate, offering investors both growth and stability. The combination of resilient industries and strategic market positioning makes them compelling additions to a diversified portfolio. Here are the stocks recommended by brokerages for upside
Ethos Ltd
Ethos Limited is India’s largest luxury watch retailer, founded in 2003, operating over 70 premium brands and 80+ stores across 24+ cities. It offers an omnichannel experience (online/offline) and, as of 2022. Ethos specializes in luxury, high-luxury, and pre-owned watches, alongside servicing through Ethos Watch Care.
With a market capitalization of Rs. 5,999 crore, the shares of Ethos Ltd closed at Rs. 2,242 per share, up by 4.01 percent from its previous close. The analysts of brokerage firm Emkay Global Financial services have issued a ‘buy’ rating for Ethos Ltd, setting a target price of Rs 3,200 per share, indicating a potential upside of around 43 percent from Friday’s closing price.
Campus Activewear Ltd
Campus Activewear Limited (“Campus”) was incorporated on September 24, 2008, and is one of India’s largest sports and athleisure footwear brands in terms of value and volume. The company manufactures and distributes a variety of footwear like Running Shoes, Walking Shoes, Casual Shoes, Floaters, Slippers, Flip Flops, and Sandals, available in multiple colors, styles, and at affordable prices.
With a market capitalization of Rs 6,865 crore, the shares of Campus Activewear Ltd closed at Rs. 224.65 per share, down by 1.43 percent from its previous close. The analysts of brokerage firm Motilal Oswal have issued a ‘buy’ rating for Campus Activewear Ltd, setting a target price of Rs 305 per share, indicating a potential upside of around 35.5 percent from Friday’s closing price.
Va Tech Wabag Ltd
Va Tech Wabag Ltd is engaged in the business of water treatment field. Its principal activities include design, supply, installation, construction and operational management of drinking water, waste water treatment, industrial water treatment and desalination plants.
With a market capitalization of Rs. 7,712 crore, the shares of Va Tech Wabag Ltd closed at Rs. 1,238 per share, up by 2.91 percent from its previous close. The analysts of brokerage firm Axis Direct have issued a ‘buy’ rating for Va Tech Wabag Ltd, setting a target price of Rs 1,900 per share, indicating a potential upside of around 53.6 percent from Friday’s closing price.
JSW Infrastructure Ltd
JSW Infrastructure is India’s second-largest private port operator and part of the $23 billion JSW Group. They operate a diversified portfolio of cargo-handling ports, terminals, and logistics facilities along India’s east and west coasts, with a total installed capacity of 174 Million Tonnes Per Annum(MTPA)
With a market capitalization of Rs 52,794 crore, the shares of JSW Infrastructure Ltd closed at Rs. 251.40 per share, down by 0.77 percent from its previous close. The analysts of brokerage firm Motilal Oswal have issued a ‘buy’ rating for JSW Infrastructure Ltd , setting a target price of Rs 360 per share, indicating a potential upside of around 43.3 percent from Friday’s closing price.
Prestige Estates Projects Ltd
Prestige Estates Projects Ltd (PEPL), founded in 1986 and headquartered in Bengaluru, is a premier Indian real estate developer with a strong presence across residential, office, retail, and hospitality sectors. It operates extensively in South India, with a growing presence in Mumbai, Pune, Goa, and the National Capital Region (NCR).
With a market capitalization of Rs. 53,600 crore, the shares of Prestige Estates Projects Ltd closed at Rs. 1,244.40 per share, down by 1.73 percent from its previous close. The analysts of brokerage firm Geojit Financial have issued a ‘buy’ rating for Prestige Estates Projects Ltd, setting a target price of Rs 1,623 per share, indicating a potential upside of around 30 percent from Friday’s closing price.
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