From The Economic Times · · 1m 10s
Axis Direct Picks 5 Smallcap Stocks with 40% Upside
Axis Direct identifies 5 smallcap stocks with up to 40% upside potential after eight-week market decline.
In brief
Axis Direct identifies 5 smallcap stocks with up to 40% upside potential after eight-week market decline. Axis Securities recommends 5 smallcap stocks with target prices offering up to 40% upside from current levels. Originally reported by The Economic Times.
Market Record Losses
The Indian stock market has logged losses for eight consecutive weeks, surpassing the 2020 Covid-19 crash and 2008 financial crisis streaks.
Chalet Hotels Target
Axis Securities assigns a target price of Rs 1,000, implying 19% upside from current levels for this high-end hotel operator.
Healthcare Global Enterprises
Healthcare Global Enterprises has a target price of Rs 820, forecasting 23% upside from current levels as India's leading oncology provider.
Minda Corporation
Minda Corporation has a target price of Rs 815, offering 18% upside from previous close as a major automotive component manufacturer.
City Union Bank
City Union Bank has a target price of Rs 280, with 24% upside potential from current levels as a pan-India bank focused on MSME lending.
CCL Products
CCL Products has a target price of Rs 1,425, forecasting 40% upside potential from current levels with strong order pipeline growth.
What matters most
Axis Securities recommends 5 smallcap stocks with target prices offering up to 40% upside from current levels.
