Stories
Stocks to Buy: Brokerages Recommend Buys with Up to 97% Upside This Week.
- •Brokerage houses have issued buy recommendations for Jeena Sikho Lifecare, Vishal Mega Mart, and Sobha this week.
- •Choice Institutional Equities set a target of ₹1,000 for Jeena Sikho Lifecare, indicating a potential gain of 97%.
- •MK Global Financial Services gave a target of ₹170 for Vishal Mega Mart, suggesting a potential gain of 64%.
- •MK Global Financial Services set a target of ₹1,900 for Sobha, estimating a potential gain of 55%.
- •Companies are seen as attractive due to their expansion plans and strong financial performance projections.
Key Questions Answered
Choice Institutional Equities issued a Buy recommendation for Jeena Sikho Lifecare on September 21 with a target price of ₹1,000. Given its current market price of ₹508, the stock has an estimated potential gain of up to 97%.
MK Global Financial Services issued a Buy recommendation for Vishal Mega Mart with a target price of ₹170, offering an estimated gain of 64% from its current price of 103.50. The growth is supported by its private-label business, quick-commerce, and potential expansion into smaller cities.
MK Global Financial Services set a target price of ₹1,900 for Sobha, estimating a potential gain of 55% from its current price of 1,227. Driven by a strong launch pipeline and demand in Bengaluru, the brokerage expects pre-sales to exceed ₹10,000 crore in FY27.
