Synopsis: ICICI Direct recommends Bharat Electronics, Bluestone, Epack Durable, Rishabh Instruments, and EPack Prefab as high-growth stocks, backed by strong fundamentals and a favourable sector outlook, with over 20% upside potential.
5 Stocks recommended by ICICI Direct have a high growth potential of more than 20 percent. The brokerage has identified select companies backed by strong fundamentals and a favourable sector outlook. Operating across cement, building materials, and home improvement segments, these stocks are well-positioned to benefit from rising infrastructure spending and housing demand in India, offering attractive opportunities for investors seeking substantial upside. Here are a few stocks recommended by ICICI Direct with a high growth potential of more than 20 percent:
Bharat Electronics Limited
With a market capitalization of Rs. 3,22,799.83 crore, the shares of Bharat Electronics Limited closed at Rs. 441.60 per equity share, down nearly 0.16 percent from its previous day’s close price of Rs. 442.30.
ICICI Direct, a prominent brokerage firm, has recommended a “Buy” call on Bharat Electronics Limited with a target price of Rs. 530 per share, indicating an upside potential of 20.02 percent from its current price of Rs. 441.60 per equity share.
Bharat Electronics Limited (BEL) was founded in 1954 and is an Indian government-owned aerospace and defence electronics company under the Ministry of Defence. It develops, manufactures, and supplies advanced electronic systems for the Indian Armed Forces and other security agencies, playing a central role in India’s defence self-reliance strategy.
Bluestone Jewellery & Lifestyle Limited
With a market capitalization of Rs. 7,562.09 crore, the shares of Bharat Electronics Limited closed at Rs. 496.75 per equity share, rising nearly 0.38 percent from its previous day’s close price of Rs. 494.85.
ICICI Direct, a prominent brokerage firm, has recommended a “Buy” call on Bluestone Jewellery & Lifestyle Limited with a target price of Rs. 600 per share, indicating an upside potential of 21.25 percent from its previous day’s close price of Rs. 494.85 per equity share.
Bluestone Jewellery & Lifestyle Limited is an Indian digital-first fine jewellery company that began as an online retailer and has grown into an omni-channel brand with hundreds of stores across India. It focuses on contemporary, design-led gold, diamond and gemstone jewellery, especially for non-wedding, everyday and occasion wear.
Epack Durable Limited
With a market capitalization of Rs. 2,288.79 crore, the shares of Epack Durable Limited closed at Rs. 237.85 per equity share, down nearly 0.46 percent from its previous day’s close price of Rs. 238.95.
ICICI Direct, a prominent brokerage firm, has recommended a “Buy” call on Epack Durable Limited with a target price of Rs. 300 per share, indicating an upside potential of 26.13 percent from its current price of Rs. 237.85 per equity share
Epack Durable Limited is an Indian consumer durables company that operates as an OEM and ODM manufacturer of “living appliances” such as air conditioners, washing machines, air coolers and small kitchen appliances. It supplies to many leading appliance brands in India and has been scaling rapidly as a design-led manufacturing partner.
Rishabh Instruments Limited
With a market capitalization of Rs. 1,766.04 crore, the shares of Rishabh Instruments Limited closed at Rs. 458.20 per equity share, rising nearly 3.40 percent from its previous day’s close price of Rs. 443.15.
ICICI Direct, a prominent brokerage firm, has recommended a “Buy” call on Rishabh Instruments Limited with a target price of Rs. 520 per share, indicating an upside potential of 17.34 percent from its previous day’s close price of Rs. 443.15 per equity share.
Rishabh Instruments Limited is an Indian company specializing in electrical measurement, test and measuring instruments, and industrial control and automation products. Headquartered in Nashik, Maharashtra, it serves industrial, power, infrastructure and OEM customers in more than 100 countries.
EPack Prefab Technologies Limited
With a market capitalization of Rs. 1,742.84 crore, the shares of EPack Prefab Technologies Limited closed at Rs. 173.50 per equity share, down nearly 2.03 percent from its previous day’s close price of Rs. 177.10.
ICICI Direct, a prominent brokerage firm, has recommended a “Buy” call on EPack Prefab Technologies Limited with a target price of Rs. 220 per share, indicating an upside potential of 26.80 percent from its current price of Rs. 173.50 per equity share
EPack Prefab Technologies Limited is an Indian company specializing in pre-engineered steel buildings and prefabricated construction solutions. It delivers turnkey design-to-installation services for industrial, commercial, infrastructure, and institutional projects across India and select overseas markets.
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