Brokerages initiated coverage on L&T, HUDCO & 8 other stocks, see up to 27% upside
1/11
On Watchlist
Several top brokerages have initiated coverage on a range of stocks, identifying up to 27% upside potential. ETMarkets has compiled a list of these 10 stocks. Here's the full list:
2/11
Larsen & Toubro
Emkay has initiated coverage with a buy recommendation on L&T with a target of Rs 4,200. Currently, the stock is trading at Rs 3,621.
3/11
Epigral
Emkay has initiated coverage on Epigral with a Buy rating and the June 25E target price of Rs 2,000 (20X June 26E EPS). Erstwhile known as Meghmani Finechem, the company is a global multi-product chemicals conglomerate. The brokerage has recommended the stock at Rs 1,463.
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4/11
Inox Wind
Axis Securities has initiated the coverage on Inox Wind with a buy rating. The price target of this renewable player is Rs 185. It was recommended at a price of Rs 140.
5/11
Godawari Power & Ispat
YES Securities has initiated coverage on Godawari Power & Ispat with a Buy rating and a target of Rs 1,390.
6/11
C.E. Info Systems
JM Financial began coverage on the stock with a Buy rating for a target of Rs 2,900, implying a 27% upside. The company's shares (which operates MapMyIndia) was recommended at Rs 2,276.
7/11
HUDCO
Nirmal Bang initiated coverage on state-run HUDCO with a target price of Rs 375, stating that the company is a stepping-up growth accelerator in infra finance. The current market price is Rs 329.
8/11
Coforge
Kotak Institutional Equities has initiated an 'Add' rating for a target of Rs 6,000, valuing the stock at 30X June 2026E EPS. It was recommended at a price of Rs 5,325.
9/11
IIFL Securities
IIFL initiated a coverage on Netweb Technologies India with an 'Add' rating and a target of Rs 2,680. It was recommended at a price of Rs 2570.
10/11
Safari Industries
Brokerage Bonanza initiated coverage on Safari Industries with a Buy rating for a target price of Rs 2,400. The stock was recommended at Rs 2,059.
11/11
Kalpataru Projects
Emkay has initiated a buy rating on Kalpataru Projects for a price target of Rs 1,400. It is a diversified engineering and construction company and the stock ended at Rs 1,230.10 on Friday.