Hot Stocks: 3 stocks that may give returns between 12-29%

Analysts predict significant upside for select stocks. Max Financial Services is projected to rise 16% due to its diversified product mix and strong partnerships. Schneider Electric Infrastructure could jump nearly 19% benefiting from government s...

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Well positioned to monetise Rs 20 billion of capex commissioned in the past three years by entering long-term contracts
A look at some of the latest stock recommendations by analysts. These stocks are expected to return between 12% and 19% as per analyst price targets.

MAX FINANCIAL SERVICES
BROKERAGE: CITI Price Target: Rs 1,840 CMP: Rs 1,585 | Upside: 16%


  • Initiate coverage with buy rating; Diversified product and channel mix coupled with robust execution engine augur well
  • Strong bancassurance partnership for Axis Max Life Insurance provides comfort
  • HDFC Life and SBI Life remain preferred picks among life insurers

SCHNEIDER ELECTRIC INFRASTRUCTURE
BROKERAGE: GOLDMAN SACHS Price Target: Rs 910 CMP: Rs 766 | Upside: 18.89%

  • Buy from Sell to reflect the estimated 15.6% compounded growth in Total Addressable Market in FY25-32
  • Potential beneficiary of government schemes such as Revamped Distribution System Scheme
  • Distribution network capex could be the next critical driver for grid capex growth, allowing share valuation to re-rate

NAVIN FLUORINE
BROKERAGE: JEFFERIES Price Target: Rs 5,280 CMP: Rs 4,703 | Upside: 12.3%

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  • Well positioned to monetise Rs 20 billion of capex commissioned in the past three years by entering long-term contracts
  • Pipeline of new contracts should fructify in FY26 and provide growth visibility from FY28
  • Despite recent runup, stock has underperformed Nifty by 23% since January 2023
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