Rising stars on Dalal Street: 15 stocks with up to 50% upside potential, do you own any?

Indian stock markets continue to recover from the incessant selloff in March, with Sensex and Nifty rebounding sharply. As investors continue to re-evaluate their portfolios, SBI Securities named 15 stocks as its 'rising star' recommendations. Check out the list of stocks named by the domestic brokerage and their upside potential from the previous closing price.

SBI Securities has a target price of Rs 2,491 apiece for the shares of APL Apollo Tubes. This implies an upside potential of more than 18% from the stock’s closing level of Rs 2,105.70 apiece on Friday on NSE. The stock has gained around 35% in one year and 75% in three years.

SBI Securities has set a target price of Rs 295 apiece for the shares of Star Cement. This implies an upside potential of nearly 33% from Friday’s closing price of Rs 222.36 apiece on NSE. The stock has fallen 0.5% in one year but rallied 97% in three years.

JK Lakshmi Cement has been assigned a target price of Rs 920 apiece by SBI Securities, implying an upside potential of nearly 37% from the stock’s closing price of Rs 673.70 apiece on Friday on NSE. The stock has fallen 18% in one year and 14% in three years.

Dhanuka Agritech has been assigned a target price of Rs 1,515 apiece by SBI Securities, implying an upside potential of more than 50% from the stock’s Friday closing price of Rs 1,009.65 apiece on NSE. The stock has fallen 23% in one year but gained over 57% in three years.

SBI Securities has a target price of Rs 2,065 apiece for the shares of SJS Enterprises. This implies an upside potential of more than 21% from Friday’s closing price of Rs 1,703.80 apiece on NSE. The stock has rallied over 82% in one year and 315% in three years.

SBI Securities has a target price of Rs 560 apiece for the shares of KPI Green Energy. This implies an upside potential of nearly 25% from Friday’s closing price of Rs 448.25 apiece on NSE. The stock has gained around 4% in one year and rallied 300% in three years.

Syrma SGS Technology has been assigned a target price of Rs 1,120 apiece by SBI Securities, implying an upside potential of more than 14% from the stock’s closing price of Rs 978.10 apiece on Friday on NSE. The stock has jumped 92% in one year and over 230% in three years.

Senco Gold has been assigned a target price of Rs 400 apiece by SBI Securities, implying an upside potential of nearly 23% from Friday’s closing price of Rs 326.30 apiece on NSE. The stock has jumped over 9% in one month, but declined 11% in one year.

SBI Securities has a target price of Rs 121 apiece for the shares of Hi-Tech Pipes. This implies an upside potential of nearly 38% from Friday’s closing price of Rs 88.01 apiece on NSE. The stock has fallen around 14% in one year but gained 11% in three years.

SBI Securities has a target price of Rs 2,210 apiece for the shares of Lumax Auto Technologies. This implies an upside potential of more than 23% from Friday’s closing price of Rs 1,794.90 apiece on NSE. The stock has rallied over 232% in one year and 516% in three years.

SBI Securities has a target price of Rs 1,531 apiece for the shares of Goodluck India. This implies an upside potential of nearly 25% from last week’s closing price of Rs 1,229.05 apiece on NSE. The stock has rallied around 59% in one year and 184% in three years.

Man Industries (India) has been assigned a target price of Rs 694 apiece by SBI Securities, implying an upside potential of more than 29% from last week’s previous closing price of Rs 537.10 apiece on NSE. The stock has jumped 81% in one year and over 463% in three years.

Pricol has been assigned a target price of Rs 816 apiece by SBI Securities, implying an upside potential of more than 39% from Friday’s closing price of Rs 586.80 apiece on NSE. The stock has jumped 32% in one year and over 155% in three years.

SBI Securities has a target price of Rs 1,120 apiece for the shares of Carysil. This implies an upside potential of more than 24% from Friday’s closing price of Rs 902.40 apiece on NSE. The stock has rallied around 42% in one year and 43% in three years.

SBI Securities has a target price of Rs 1,967 apiece for the shares of Indian Metals & Ferro Alloys. This implies an upside potential of nearly 26% fromFriday’s closing price of Rs 1,565.40 apiece on NSE. The stock has rallied around 147% in one year and 446% in three years.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)