ICICI Bank, Infosys among 8 stocks with more than 35 buy calls
By
, ETMarkets.com|
1/9
Beating benchmarks
At a time when the Indian equity market is seeing a bearish trend and Nifty declined over 3% year-to-date, at least 35 or more analysts are bullish on a number of counters. These stocks belong to various sectors such as banking, auto, IT and more. Here's a list of 8 stocks with more than 35 strong buy and buy calls, according to Trendlyne data:
Agencies
2/9
SBI | CMP: Rs 521
As many as 37 analysts are bullish on the State Bank of India. The average estimated target price of the stock is Rs 713.4, which shows an upside potential of nearly 37% from the current market prices.
Agencies
3/9
Larsen & Toubro | CMP: Rs 2,160
As many as 37 analysts are bullish on Larsen & Toubro. The average estimated target price of the stock is Rs 2,387.5, which implies an upside potential of nearly 11% from the current market prices.
Agencies
4/9
IndusInd Bank | CMP: Rs 1,079
About 37 analysts are bullish on IndusInd Bank. The average estimated target price of the stock is Rs 1,446.4, which implies an upside potential of 34% from the current market prices.
5/9
ICICI Bank | CMP: Rs 840
As many as 36 analysts are bullish on ICICI Bank. The average estimated target price of the stock is Rs 1,112.1, which indicates an upside potential of 32% from the current market prices.
Agencies
6/9
Axis Bank | CMP: Rs Rs 845
About 36 analysts are bullish on Axis Bank. The average estimated target price of the stock is Rs 1,117.7, which shows an upside potential of nearly 32% from the current market prices.
7/9
UltraTech Cement | CMP: Rs 7,183
About 35 analysts are bullish on UltraTech Cement. The average estimated target price of the stock is Rs 7,766, which shows an upside potential of 8% from the current market prices.
Agencies
8/9
Mahindra & Mahindra | CMP: Rs 1,313
As many as 35 analysts are bullish on Mahindra & Mahindra. The average estimated target price of the stock is Rs 1,542.7, which indicates an upside potential of 17% from the current market prices.
Agencies
9/9
Infosys | CMP: Rs 1,552
As many as 35 analysts are bullish on Infosys. The average estimated target price of the stock is Rs 1,746, which shows an upside potential of 13% from the current market prices.
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