Brokerages Predict 10-60% Stock Returns by 2026
By ThePip Desk
Discover top stock picks from Nuvama, Elara, and Motilal Oswal with potential 10-60% returns by 2026. Includes BLS International, Gujarat Fluorochemicals, and NBCC India.
Brokerage firms have issued ‘Buy’ ratings on five Indian stocks, projecting potential returns between 10% and 60% for long-term investors by 2026. This outlook stems from detailed analysis by Nuvama Securities, Elara Securities, and Motilal Oswal, highlighting specific equities for substantial upside.
Nuvama Securities Initiates on BLS International
Nuvama Securities has initiated coverage on BLS International Ltd. with a ‘Buy’ rating, identifying significant growth potential for the company.
- Target Price: ₹431
- Last Traded Price: ₹263
- Potential Upside: 63%
Elara Securities Favors Gujarat Fluorochemicals and NBCC
Elara Securities has provided ‘Buy’ recommendations for two distinct companies, noting strong prospects for both Gujarat Fluorochemicals and NBCC India.
- Gujarat Fluorochemicals Target Price: ₹5,485
- Gujarat Fluorochemicals Last Traded Price: ₹4,566
- Gujarat Fluorochemicals Potential Upside: 20%
- NBCC India Target Price: ₹127
- NBCC India Last Traded Price: ₹92
- NBCC India Potential Upside: 38%
Motilal Oswal Recommends Grasim and PI Industries
Motilal Oswal also weighed in with ‘Buy’ ratings for two major players, Grasim and PI Industries Ltd., forecasting double-digit returns by 2026.
- Grasim Target Price: ₹3,800
- Grasim Last Traded Price: ₹3,308
- Grasim Potential Upside: 15%
- PI Industries Ltd Target Price: ₹3,000
- PI Industries Ltd Last Traded Price: ₹2,483
- PI Industries Ltd Potential Upside: 21%
These recommendations collectively underscore a positive sentiment among leading brokerages regarding specific Indian equities for long-term value creation and investor gains.