Dec 20 2023, 09:55
The largecaps have 'strong buy' & 'buy' recos and upside potential than 15%:
It is large caps which tend to perform well. This happens due to high valuation differential in mid and large caps is bound to reduce as mean reversion takes place. Also remember that the large size of the balance sheet has its own advantage, especially in time of correction, which one cannot rule out due to profit booking.
When markets are trading with strong bullish bias, some of the stocks tend to move off from the list of algorithm based stock buying lists. This includes even the best of long term wealth creators.
The reason, the potential upside in them is less than the algo defined levels.
As soon as the market corrects, some of them are back on the list. In the last six trading sessions, the nifty has been able to gain weight,but some of the long term wealth creators are back on the list given the fact that they had seen a phase of profit
booking in the last few sessions.
Large Cap Upside Potential
Search in table
Company Name
One 97 Comm (PayTM)
Reco
Buy
Analyst Count
14
Upside Potential%
62.4
MarketCap Rs Cr
39,092
Company Name
Delhivery
Reco
Buy
Analyst Count
19
Upside Potential%
27.0
MarketCap Rs Cr
26,462
Company Name
Pl Industries
Reco
Buy
Analyst Count
24
Upside Potential%
MarketCap Rs Cr
20.1
51,797
Company Name
Star Health Insurance
Reco
Buy
Analyst Count
19
Upside Potential%
20,0
MarketCap Rs Cr
31,633
Company Name
ICICI Prudential Life
Reco
Buy
Analyst Count
31
Upside Potential %
19.5
MarketCap Rs Cr
75,053
Company Name
HDFC Bank
Reco
Buy
Analyst Count
40
Upside Potential %
16.6
MarketCap Rs Cr
1,256,985
Company Name
ICICI Bank
Reco
Strong Buy
Analyst Count
40
Upside Potential%
16.5
MarketCap Rs Cr
715,810.
Company Name
Bajaj Finance
Reco
Buy
Analyst Count
31
Upside Potential%
16.1
MarketCap Rs Cr
468,891
Source: SR Plus
(The data is for NSE stocks and has been updated as on 18 Dec 2023, 3:30 pm)
source:et
Dec 21 2023, 08:22