Hot Stocks: 3 stocks that may give returns between 16-29%
TATA CAPITAL
BROKERAGE: CITI Price Target: Rs 450 CMP: Rs 350 | Upside: 28.6%
Buy rating underpinned by structurally improving return alongside sustained growth.
Key catalysts include high-yielding portfolio acceleration from the second half of FY27, entry into gold loans, and Motor Finance turnaround, among others.
CENTUM ELECTRONICS
BROKERAGE: DAM CAPITAL Price Target: Rs 6,000 CMP: Rs 4,831 | Upside: 24.2%
Despite recent stock run-up, turnaround in performance coupled with long-term earnings growth provide scope for re-rating.
Stock valued PE ratio of 50 times FY28 estimated earnings amid expectations of 38% compounded earnings growth.
CLEAN MAX ENVIRO ENERGY SOLUTIONS
BROKERAGE: MACQUARIE Price Target: Rs 1,700 CMP: Rs 1,456 | Upside: 16.8%
Initiate with outperform rating on expectations that capacity additions will support strong earnings growth.
Repeat commercial & industrial (C&I) business along with data and AI exposure support company’s growth and longer-term earnings upside.