1 / 6Infosys: The brokerage is predicting an upside of 16 percent in the stock, setting the target price at Rs 2,000 on account of its strong presence in various industries and markets.
2 / 6Hindalco: Anand Rathi has a target price of Rs 578 on the stock on the back of its overall operations getting stronger. It said the company's valuations are "still not stretched considering the solid operational performance and ongoing balance sheet deleveraging together with strong opportunities for pursuing growth capex at a comfortable leverage position."
3 / 6Coforge: The brokerage has a target price of Rs 6,465 -- almost 20 percent higher than its current market price. It said the company's robust deal pipeline along with strong deal wins momentum and particularly consistency in large deal wins, value curation and strong FY22 guidance from the management are key positives.
4 / 6Indo Count Industries: The brokerage has a target price of Rs 334 for the company, up 20 percent from its current market price of Rs 279. "An uptick in the demand for home textile is seen owing to various factors like China+1 strategy, US ban of Xinjiang cotton, strong demand in value-added categories such as health and hygiene. Appropriate product mix, government incentives will aid in strengthening margins," Anand Rathi said.
5 / 6Rossari Biotech: The brokerage sees an almost 30 percent upside in the stock on account of its newly commissioned Dahej unit ramp-up going as planned. It has a target price of Rs 1,840.
6 / 6Vardhaman Special Steels: The brokerage sees a 35 percent upside in the stock on the back of its increased utilisation levels and partnership with Aichi Steel (a subsidiary of Toyota Group) auguring well in the long-term for the company. The target price is Rs 350, from the current market price of Rs 260.
