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Top Stock Picks: Brokerages Recommend Buying HDFC Bank And Others With Up To 73% Upside
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CNBC Awaaz•10-10-2026, 16:54
Top Stock Picks: Brokerages Recommend Buying HDFC Bank And Others With Up To 73% Upside
  • •Emkay Global Financial has recommended a 'Buy' rating on HDFC Bank with a target price of Rs 1,225, pointing to confidence returning under new leadership.
  • •Emkay Global also issued a 'Buy' rating for Mahindra Lifespace Developers with a target price of Rs 500, supported by upcoming new projects.
  • •Motilal Oswal has given a 'Buy' rating on PhysicsWallah with a target price of Rs 200, driven by strong growth expectations in its online and offline business.

Key Questions Answered

Emkay Global Financial has maintained a buy rating on HDFC Bank shares with a target price of Rs 1,225, translating to a potential upside of about 73 percent from its Friday closing price of Rs 707. The brokerage notes that the appointment of Anup Bagchi as the new Managing Director and CEO could help restore investor and customer confidence.

Emkay Global has issued a buy rating on Mahindra Lifespace Developers with a target price of Rs 500, estimating a 45 percent potential surge from its Friday close of Rs 346. The growth is supported by business expansion and new project launches, including pre-sales for the Beaconhill project in Mumbai and the Citadel project in Pune, alongside a major pipeline for fiscal year 2027.

Motilal Oswal has given a buy rating on PhysicsWallah with a target price of Rs 200, which offers a potential upside of about 39 percent from its Friday closing price of Rs 144. The brokerage estimates that the online business will grow at a compound annual growth rate of around 30 percent over the next three to four years, driven by expansion into new categories like K-12 and state board exams.