7 small and midcap stock ideas with upside potential up to 20% post elections by Prabhudas Lilladher

​The target price for TCI Express is Rs 1,410, an upside potential of 20% as Prabhudas Lilladher remains positive on the growth prospects of the port and logistics segment in the time to come.

The target price for BEML is Rs 4,520, which is an upside potential of 15%.

The stock is well-positioned for sustained long-term growth due to factors like significant capital expenditure in India's railway and defense sectors and promising opportunities in the modernization of defense vehicles.

Prabhudas Lilladher has given a target price of Rs 950 for the stock, an upside potential of 17%.

The domestic brokerage expects loan CAGR of 15% over FY24-26E while the valuation looks attractive at 2.0/1.7x on March 25/26E ABV.

The target price for Eris Lifesciences is Rs 1,100, an upside potential of 8.7%.

Ramp up of its existing franchise with opportunities from patent expiry and Oaknets performance are likely to augment profitability for the company.

The target price for Praj Industries is Rs 671, which is an upside potential of 1.5%.

Prabhudas remains positive on the company given its leadership in domestic ethanol, large domestic CBG pipeline, healthy export outlook in Engineering focus on new technologies and improving margins owing to growing share of exports & services.

The target price for the company has been fixed at Rs 1,926, denoting an upside potential of 10%.

RR Kabel is one of the fastest growing W&C companies and expects healthy growth (20%+) in coming years, driven by demand from infrastructure and emerging sectors.

The target price for Sunteck Realty is Rs 600, which is an upside potential of 4%.

This remains one of the top picks by the domestic brokerage firm as they have high conviction on the real estate sector among others as the focus is now back on economy.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)