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Stocks to Buy: Brokerages recommend top shares with up to 61 percent upside potential
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CNBC Awaaz•17-10-2026, 16:57
Stocks to Buy: Brokerages recommend top shares with up to 61 percent upside potential
- •Brokerage firms have recommended buying shares of Bajaj Consumer Care, Jubilant Foodworks, and HDFC Life Insurance Company this week.
- •ICICI Securities maintained a buy rating on Bajaj Consumer Care with a target price of 760 rupees, suggesting an upside potential of around 61 percent.
- •Motilal Oswal issued a buy recommendation for Jubilant Foodworks with a target price of 625 rupees, expecting returns of up to 49 percent.
- •PL Capital recommended buying HDFC Life Insurance Company with a target price of 765 rupees, estimating a potential rally of about 38 percent.
Key Questions Answered
ICICI Securities maintained a BUY recommendation on Bajaj Consumer Care with a target price of 760 rupees, offering an upside potential of around 61% from its current market price of 472 rupees.
Motilal Oswal believes Jubilant Foodworks is well-positioned to capitalize on consumer spending recovery, driven by stable Domino's growth, supportive international earnings, and attractive current valuations.
HDFC Life's Annualized Premium Equivalent grew by about 13% year-on-year, driven by strong demand in NPAR and annuity segments, along with sales recoveries in the HDFC Bank and agency channels.
