Synopsis: Brokerages have recommended six stocks including Waaree Energies Ltd, Home First Finance Company India Ltd, Star Cement Ltd, and three other stocks with ‘buy’ ratings, indicating potential upside of up to 57% based on target prices and growth prospects.
India’s benchmark indices ended Friday on a weak note. The BSE Sensex fell 961.42 points (1.17%) to close at 81,287.19, while the Nifty 50 declined 317.90 points (1.25%) to settle at 25,178.65, finishing the session in red.
Multiple brokerages have highlighted multi-sector stocks with attractive upside potential, spanning renewable energy, housing finance, cement, real estate, precision engineering, and agrochemicals. Below are six stocks that brokerages have recommended for a potential upside of up to 57 percent.
Waaree Energies Ltd
With a market capitalization of Rs. 77,939 cr, the shares of Waaree Energies Ltd were closed at Rs. 2,709.60 per share, down from its previous close of Rs. 2,719.40 per share. The analysts of brokerage firm Emkay have issued a ‘buy’ rating for Waaree Energies Ltd, setting a target price of Rs. 4,260 per share, indicating a potential upside of around 57 percent from Friday’s closing price.
Waaree Energies Ltd is one of India’s leading solar energy companies, primarily engaged in manufacturing solar photovoltaic (PV) modules. It has a strong domestic and international presence. The company provides solar panels, EPC (engineering, procurement, and construction) services, and project development solutions, playing a key role in India’s renewable energy transition.
Home First Finance Company India Ltd
With a market capitalization of Rs. 11,312 cr, the shares of Home First Finance Company India Ltd were closed at Rs. 1,085.15 per share, down from its previous close of Rs. 1,176.25 per share. The analysts of brokerage firm Prabhudas Lilladhar have issued a ‘buy’ rating for Home First Finance Company India Ltd, setting a target price of Rs. 1,375 per share, indicating a potential upside of around 26 percent from Friday’s closing price.
Home First Finance Company India Ltd is an affordable housing finance company focused on first-time homebuyers, especially in low- and middle-income segments. The company offers home loans, loans against property, and construction finance. It leverages technology-driven underwriting to serve customers in smaller cities and urban markets across India.
Star Cement Ltd
With a market capitalization of Rs. 8,646 cr, the shares of Star Cement Ltd were closed at Rs. 214 per share, down from its previous close of Rs. 215.95 per share. The analysts of brokerage firm ICICI Direct have issued a ‘buy’ rating for Star Cement Ltd, setting a target price of Rs. 300 per share, indicating a potential upside of around 40 percent from Friday’s closing price.
Star Cement Ltd is a major cement manufacturer in Northeast India. The company produces a wide range of cement products used in residential, commercial, and infrastructure projects. It has expanded its footprint across eastern India and is known for its strong regional brand presence and integrated manufacturing facilities.
Godrej Properties Ltd
With a market capitalization of Rs. 52,089 cr, the shares of Godrej Properties Ltd were closed at Rs. 1,729.35 per share, down from its previous close of Rs. 1,796.55 per share. The analysts of brokerage firm Geobit BNP Paribas have issued a ‘buy’ rating for Godrej Properties Ltd, setting a target price of Rs. 2,096 per share, indicating a potential upside of around 21 percent from Friday’s closing price.
Godrej Properties Ltd is a leading real estate developer in India and part of the Godrej Group. The company develops residential, commercial, and township projects across major Indian cities. It is known for combining innovation, sustainability, and the trusted Godrej brand in its real estate offerings.
MTAR Technologies Ltd
With a market capitalization of Rs. 11,712 cr, the shares of MTAR Technologies Ltd were closed at Rs. 3,807.75 per share, up from its previous close of Rs. 3,683.55 per share. The analysts of brokerage firm Motilal Oswal have issued a ‘buy’ rating for MTAR Technologies Ltd, setting a target price of Rs. 4,810 per share, indicating a potential upside of around 26 percent from Friday’s closing price.
MTAR Technologies Ltd is a precision engineering company serving high-technology sectors such as nuclear, aerospace, defense, and space. The company manufactures critical components for ISRO, nuclear reactors, and other strategic projects. It is recognized for its high-precision manufacturing capabilities.
UPL Ltd
With a market capitalization of Rs. 53,777 cr, the shares of UPL Ltd were closed at Rs. 637.05 per share, down from its previous close of Rs. 640.45 per share. The analysts of brokerage firm Anand Rathi have issued a ‘buy’ rating for UPL Ltd, setting a target price of Rs. 860 per share, indicating a potential upside of around 35 percent from Friday’s closing price.
UPL Ltd is a global agrochemical company that provides crop protection solutions, seeds, and post-harvest products to farmers worldwide. With operations in over 130 countries, UPL is one of the largest agricultural input companies globally, focusing on sustainable farming solutions and food security.
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
