Top 10 Largecap Stocks Projected for Up to 50% Gains in 2024
10 Largecap stocks with strong upside potential of up to 50%! Do you own any?
The Economic Times
Image: The Economic Times
Analysts predict significant upside potential for several largecap stocks in India, with expected gains ranging from 30% to 52% over the next year. Key stocks include ANI Technologies, Info Edge, and DLF, each receiving strong buy ratings from multiple analysts.
- 01ANI Technologies has the highest projected upside of 52%.
- 02Info Edge and DLF are expected to rise by 43% and 42%, respectively.
- 03Most stocks are rated as either 'Buy' or 'Strong Buy' by analysts.
- 04The analysis is based on consensus estimates from Trendlyne.
- 05Investors are encouraged to consider these stocks for potential high returns.
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Analysts have identified 10 largecap stocks in India with promising upside potential, expected to yield returns between 30% and 52% over the next 12 months. The stock of ANI Technologies, currently trading at ₹270, has the highest projected upside of 52%, with a target price of ₹412. Following closely are Info Edge, trading at ₹973 with a target of ₹1,392 (43% upside), and DLF, priced at ₹587 with a target of ₹833 (42% upside). Other notable mentions include HDFC Bank and Mahindra & Mahindra, both rated as 'Strong Buy' by analysts. This analysis, based on consensus estimates from Trendlyne, highlights the potential for significant returns in the largecap segment, making these stocks attractive options for investors seeking growth opportunities.
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Investors could see substantial returns on their investments if these stocks perform as predicted, potentially increasing their portfolio value significantly.
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