Which stocks are set for major growth? Analysts upgrade price targets for 190 companies

Analysts’ price targets on stocks have seen more upgrades following the fourth quarter after the previous two quarters of downgrades. Of the 396 companies covered by at least three broking firms, the mean price target has risen in shares of 190 firms, according to Eikon data compiled by ETIG.

Aditya Birla Fashion and Retail, Anant Raj, Jindal Saw, Sagility India and Adani Energy Solutions are among the stocks that have the highest upside potential. Their mean target prices imply a 43% to 148% upside. However, their mean target prices are lower than what they were in April.

Cochin Shipyard, Central Depository Services (India), Tata Elxsi, Ircon International and Mazagon Dock Shipbuilders are among the stocks with the maximum downsides, as per their mean target prices