MediumPositive
Announced Fri, 10 Jul · 06:39 IST

Hot Stocks: 2 stocks that may give over 21% returns

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

HSBC has set a price target of Rs 1,750 on Syrma SGS against current market price of Rs 1,441.70, implying an upside of 21.4%, citing justified high PE of 53 times given strong growth and tailwinds for EMS companies. Motilal Oswal has set a price target of Rs 540 on Vedanta Aluminium against CMP of Rs 444.45, implying 21.6% upside, citing its structural story in global aluminium and transition toward captive, backward-integrated operations supporting valuation re-rating.