5 Stocks to buy now for an upside of up to 71%; Do you own any?

Synopsis: Choice Equity Broking has recommended Birla Corporation, Greenply Industries, Nuvoco Vistas, Somany Ceramics, and Hindware Home Innovation, citing strong fundamentals and growth drivers with upside potential exceeding 50 percent.

Choice Equity Broking Private Limited, a prominent brokerage firm, has identified a few stocks that offer strong upside potential of over 50 percent, backed by solid fundamentals and an improving sector outlook. These companies operate across key segments such as cement, building materials, and home improvement, positioning them well to benefit from rising infrastructure and housing demand in India.

Birla Corporation Limited

With a market capitalization of Rs. 8,144.86 crore, the shares of Birla Corporation Limited were currently trading at Rs. 1057.70 per equity share, down nearly 3.15 percent from its previous day’s close price of Rs. 1092.15. 

Choice Equity Broking Private Limited, a prominent brokerage firm, has recommended a “Buy” call on Birla Corporation Limited with a target price of Rs. 1,650 per share, indicating an upside potential of 56 percent.

Birla Corporation Limited is a leading cement and building materials company in India. It manufactures cement under the Birla brand and supplies it for housing, infrastructure, and construction projects across multiple states, supporting India’s growing real estate and infrastructure needs.

Greenply Industries Limited

With a market capitalization of Rs. 3,126.57 crore, the shares of Greenply Industries Limited were currently trading at Rs. 250.35 per equity share, down nearly 3.75 percent from its previous day’s close price of Rs. 260.10. 

Choice Equity Broking Private Limited, a prominent brokerage firm, has recommended a “Buy” call on Greenply Industries Limited with a target price of Rs. 425 per share, indicating an upside potential of 69.76 percent.

Greenply Industries Limited is a leading interior infrastructure company engaged in manufacturing plywood, blockboards, veneers, and decorative products. Its products are widely used in furniture, interiors, and housing projects, catering to residential and commercial construction markets.

Nuvoco Vistas Corporation Limited

With a market capitalization of Rs. 12,359.39 crore, the shares of Nuvoco Vistas Corporation Limited were currently trading at Rs. 346.05 per equity share, down nearly 2.07 percent from its previous day’s close price of Rs. 353.35. 

Choice Equity Broking Private Limited, a prominent brokerage firm, has recommended a “Buy” call on Nuvoco Vistas Corporation Limited with a target price of Rs. 560 per share, indicating an upside potential of 61.83 percent.

Nuvoco Vistas Corporation Limited is one of India’s major cement and ready-mix concrete manufacturers. The company supplies cement, concrete, and building materials primarily in eastern and northern India, serving infrastructure, housing, and commercial construction projects

Somany Ceramics Limited

With a market capitalization of Rs. 1,640.51 crore, the shares of Somany Ceramics Limited were currently trading at Rs. 400 per equity share, down nearly 2.01 percent from its previous day’s close price of Rs. 408.20. 

Choice Equity Broking Private Limited, a prominent brokerage firm, has recommended a “Buy” call on Somany Ceramics Limited with a target price of Rs. 635 per share, indicating an upside potential of 58.75 percent.

Somany Ceramics Limited is engaged in the manufacture and sale of ceramic tiles, vitrified tiles, and sanitaryware. Its products are used in residential and commercial buildings, offering flooring and wall solutions across homes, offices, and infrastructure projects.

Hindware Home Innovation Limited

With a market capitalization of Rs. 2,100.36 crore, the shares of Hindware Home Innovation Limited were currently trading at Rs. 251.10 per equity share, down nearly 4.14 percent from its previous day’s close price of Rs. 261.95. 

Choice Equity Broking Private Limited, a prominent brokerage firm, has recommended a “Buy” call on Hindware Home Innovation Limited with a target price of Rs. 430 per share, indicating an upside potential of 71.25 percent.

Hindware Home Innovation Limited operates in the home improvement and consumer appliances segment. The company manufactures sanitaryware, faucets, bathroom fittings, and kitchen appliances, catering to modern housing needs and lifestyle-focused home solutions.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post 5 Stocks to buy now for an upside of up to 71%; Do you own any? appeared first on Trade Brains.