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Motilal Oswal expects these 12 stocks to rise over 40% this year

Updated : 2020-01-14 17:19:46

Motilal Oswal in its recent report highlighted 12 stocks that could deliver an upside of 40-50 percent this year. Most of these stocks fall under the bracket of mid-caps and small-caps. The brokerage further added that the recent telecom tariff increase is a beginning of trend reversal with more price hikes to come in 2020. In the case of consumer electricals, the brokerage firm remained positive on Voltas and Crompton Consumer for better returns this year. Here are the top stocks that could deliver 40-50 percent upside this year:

South Indian Bank is a small-cap private bank that could climb 45 percent this year, said Motilal Oswal. The brokerage kept the stock's target price at Rs 15 per share with FY20 P/E of 5.7x. (Image: Reuters)
South Indian Bank is a small-cap private bank that could climb 45 percent this year, said Motilal Oswal. The brokerage kept the stock's target price at Rs 15 per share with FY20 P/E of 5.7x. (Image: Reuters)
The mid-sized Union Bank of India could give 52 percent upside this year, according to the brokerage. Motilal Oswal kept the stock's target price at Rs 80 per share with FY21 P/E of 11.8x.  (Image: Reuters)
The mid-sized Union Bank of India could give 52 percent upside this year, according to the brokerage. Motilal Oswal kept the stock's target price at Rs 80 per share with FY21 P/E of 11.8x.  (Image: Reuters)
IndoStar Capital Finance's upside is seen at 42 percent for this year. The brokerage firm kept the stock's target price at Rs 270 per share with FY20 P/E of 9.2x. (Stock Image)
IndoStar Capital Finance's upside is seen at 42 percent for this year. The brokerage firm kept the stock's target price at Rs 270 per share with FY20 P/E of 9.2x. (Stock Image)
Engineers India is a small-cap capital goods company that produces hydrocarbons and petrochemicals. The brokerage believes that the stock could deliver an upside of 44 percent with a target price at Rs 146 per share with FY20 P/E of 15.7. (Image: Shutterstock)
Engineers India is a small-cap capital goods company that produces hydrocarbons and petrochemicals. The brokerage believes that the stock could deliver an upside of 44 percent with a target price at Rs 146 per share with FY20 P/E of 15.7. (Image: Shutterstock)
Ashoka Buildcon's upside is seen at 46 percent for this year. The brokerage firm kept the stock's target price at Rs 150 per share with FY20 P/E of 8.9x. (Image: Shutterstock)
Ashoka Buildcon's upside is seen at 46 percent for this year. The brokerage firm kept the stock's target price at Rs 150 per share with FY20 P/E of 8.9x. (Image: Shutterstock)
Sadbhav Engineering is again a small-cap stock that could deliver an upside of 48 percent. Motilal Oswal kept the stock's target price at Rs 185 per share with FY20 P/E of 13.7x. (Stock Image)
Sadbhav Engineering is again a small-cap stock that could deliver an upside of 48 percent. Motilal Oswal kept the stock's target price at Rs 185 per share with FY20 P/E of 13.7x. (Stock Image)
Music Broadcast's upside is seen at 53 percent for this year by Motilal Oswal. The brokerage firm kept the stock's target price at Rs 42 per share with FY20 P/E of 13x. (Stock Image)
Music Broadcast's upside is seen at 53 percent for this year by Motilal Oswal. The brokerage firm kept the stock's target price at Rs 42 per share with FY20 P/E of 13x. (Stock Image)
The mid-cap Castrol India could witness a jump of 46 percent in its upside for this year. The target price is kept at Rs 185 per share with FY20 P/E of 16x. (Stock Image)
The mid-cap Castrol India could witness a jump of 46 percent in its upside for this year. The target price is kept at Rs 185 per share with FY20 P/E of 16x. (Stock Image)
HPCL's upside is seen at 54 percent for this year, said Motilal Oswal. The brokerage firm kept the stock's target price at Rs 388 per share with FY20 P/E of 7.6x. (Image; Reuters)
HPCL's upside is seen at 54 percent for this year, said Motilal Oswal. The brokerage firm kept the stock's target price at Rs 388 per share with FY20 P/E of 7.6x. (Image; Reuters)
Indian Oil Corporation could report an upside of 51 percent for this year, said Motilal Oswal. The brokerage firm kept the stock's target price at Rs 192 per share with FY20 P/E of 13.3x. (Image: Reuters)
Indian Oil Corporation could report an upside of 51 percent for this year, said Motilal Oswal. The brokerage firm kept the stock's target price at Rs 192 per share with FY20 P/E of 13.3x. (Image: Reuters)
The second-largest telecom company in India, Vodafone Idea could witness a 46 percent upside this year. Motilal Oswal kept the stock's target price at Rs 8 per share. (Image: Reuters)
The second-largest telecom company in India, Vodafone Idea could witness a 46 percent upside this year. Motilal Oswal kept the stock's target price at Rs 8 per share. (Image: Reuters)
Navneet Education's upside is seen at 46 percent for this year, said Motilal Oswal. The brokerage firm kept the stock's target price at Rs 139 per share with FY20 P/E of 10.8x. (Stock Image)
Navneet Education's upside is seen at 46 percent for this year, said Motilal Oswal. The brokerage firm kept the stock's target price at Rs 139 per share with FY20 P/E of 10.8x. (Stock Image)
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