Middle East Crisis: Large-caps with 'Strong Buy' and 'Buy' recommendations - Upside potential up to 60%

2 hours ago 28

Large-caps

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Since the US-Israel-Iran war began, many articles have examined how equity markets reacted to past conflicts. However, these are largely retrospective explanations. While turmoil in the Middle East is not new, the key difference this time is the direct involvement of multiple countries in a region that produces a large share of the world’s oil and gas.

As equity markets remain under pressure, analysts have identified 10 large-cap stocks that could offer significant upside potential of up to 60 per cent. The list highlights companies that may benefit once market volatility subsides.

Eternal

The stock is currently trading at Rs 226.10, while analyst estimates place the target price at Rs 370, indicating a potential upside of 63.64 per cent. Among the 31 analysts tracking the stock, the consensus rating stands at Buy, said media reports.

DLF

The stock is currently trading at Rs 584.15, while analysts have set a target price of Rs 867, implying a potential upside of 48.42 per cent. Among analysts tracking the stock, the consensus rating is Strong Buy.

Lodha Developers

The stock is currently trading at Rs 901.85, while analysts have set a target price of Rs 1,324, indicating a potential upside of 46.81 per cent. Among the analysts covering the stock, the consensus rating is Buy.

Info Edge

The stock is currently trading at Rs 976.60, while analysts have set a target price of Rs 1,446, indicating a potential upside of 48.07 per cent. Among the 22 analysts covering the stock, the consensus rating is Buy.

Swiggy

The stock is currently trading at Rs 294.60, while analysts have set a target price of Rs 442, implying a potential upside of 50.03 per cent. Among the analysts tracking the stock, the consensus rating is Buy.

Adani Green Energy

The stock is currently trading at Rs 856.10, while analysts have projected a target price of Rs 1,221, indicating a potential upside of 42.62 per cent. Among the analysts covering the stock, the consensus rating is Strong Buy.

Adani Enterprises

The stock is currently trading at Rs 1998.15, while analysts have set a target price of Rs 2,870, implying a potential upside of 43.61 per cent. Among the analysts covering the stock, the consensus rating is Buy.

Jio Financial

The stock is currently trading at Rs 236.10, while analysts have set a target price of Rs 333, indicating a potential upside of 41.03 per cent. Among the analysts covering the stock, the consensus rating is Buy.

TCS

The stock is currently trading at Rs 2,513.40, with analysts projecting a target price of Rs 3,498, indicating a potential upside of 39.17 per cent. Among the analysts covering the stock, the consensus rating is Buy.

REC

The stock is currently trading at Rs 334.60, while analysts have set a target price of Rs 458, suggesting a potential upside of 36.87 per cent. Among the analysts covering the stock, the consensus rating is Strong Buy.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)

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