Brokerage Picks: 5 Stocks With 13-48% Upside

Brokerages issued buy calls on five stocks spanning logistics, industrials, insurance and fintech, citing attractive valuations and growth potential. Below are the recommendations from Motilal Oswal, Emkay and Geojit Investments.

Motilal Oswal maintained a "Buy" on Delhivery with a target price of ₹580. The stock closed at ₹461, implying a 26% upside. The brokerage also reiterated its "Buy" on Kirloskar Oil Engines at a target of ₹2,350. From the last trade of ₹1,992, that suggests an 18% gain. Niva Bupa Health Insurance got a "Buy" from the same firm, target ₹100. At ₹87, the potential upside is 15%.

Emkay initiated coverage on Pine Labs with a "Buy" and a ₹225 target. The stock traded at ₹152, leaving room for a 48% move. Geojit Investments assigned a "Buy" to Timken India with a ₹4,207 target. The shares closed at ₹3,694, a 13% implied return.

Recommendations and views are those of the brokerages. They do not represent the views of AlphaScala or its affiliates.