Hot Stocks: 3 stocks that may give returns between 13-43%

Analysts predict significant upside for select stocks, with potential returns ranging from 13% to 43%. Divi's Laboratories is poised to benefit from its involvement in diabetes and weight loss drugs. Devyani International's acquisition of Sky Gate...

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Reiterate positive view after acquiring majority stake in unlisted Sky Gate Hospitality, which owns Biryani By Kilo and other cloud kitchens

A look at some of the latest stock recommendations by analysts. These stocks are expected to return between 13% and 43% as per analyst price targets.

DIVI’S LABORATORIES
BROKERAGE: CITI Price Target: Rs 7,050 CMP: Rs 6,216 | Upside: 13%


  • Orforglipron, Eli Lilly’s oral diabetes drug, next addition in Divi’s pipeline
  • Potential to become primary supplier Company has announced $170-million capex, which Citi believes is primarily for GLP-1—medication to manage
  • Type 2 diabetes and obesity Divi’s could be a key player for Eli Lilly’s next weight loss product—Retatrutide

DEVYANI INTERNATIONAL
BROKERAGE: BERNSTEIN Price Target: Rs 220 CMP: Rs 179 | Upside: 23%

  • Reiterate positive view after acquiring majority stake in unlisted Sky Gate Hospitality, which owns Biryani By Kilo and other cloud kitchens
  • Value accretive for Devyani as deal done at 2-2.5 times sales
  • QSR (Quick Service Restaurant) chains at 4-6.6 times sales FY25 and FY26 earnings to be volatile because of M&A and growth moves

ANANT RAJ
BROKERAGE: NOMURA Price Target: Rs 700 CMP: Rs 488 | Upside: 43%

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  • Reiterate Buy rating but cut price target from Rs 750 to Rs 700 citing a more conservative stance on its data centre unit
  • Company’s 307 Mega Watt Data Centre target will be reached by FY32-33 as against earlier expectations of FY31
  • Valuations still attractive as earnings per share estimated to grow over 40% on a compounded basis over FY26-27
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