Brokerages Spot 60-70% Upsides in Electricals, IT, Jewellery, Renewables
Brokerages have identified significant growth opportunities in several sectors, with potential upsides ranging up to 70 percent. This includes electricals, IT, jewellery, renewable energy, quick-service restaurants, and real estate. Among the companies, Lodha Developers Ltd and R R Kabel Ltd show substantial potential with upsides of 67.90 percent and 44.97 percent respectively.
In the renewable energy sector, ACME Solar Holdings Ltd has a target price of Rs. 370, indicating a potential upside of 29.21 percent. Meanwhile, in the jewellery industry, Kalyan Jewellers India Ltd has a target price of Rs. 670, suggesting a potential upside of 36.27 percent. For real estate, Lodha Developers Ltd has a target price of Rs. 1,870, reflecting a potential upside of 67.90 percent. However, Motilal Oswal Financial Services has a lower target price of Rs. 782 for Lodha Developers Ltd.
In the electricals sector, R R Kabel Ltd has a target price of Rs. 1,820, implying a potential upside of 44.97 percent. Sagility Ltd, an IT company, has a target price of Rs. 65, indicating a potential upside of 49.61 percent. Lastly, in the quick-service restaurants sector, Restaurant Brands Asia Ltd has a target price of Rs. 135, indicating a potential upside of 70.96 percent.
These target prices and potential upsides highlight the optimism of brokerages towards these sectors and companies. Investors may find these insights useful in their decision-making processes.
