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ONGC, Bharti Airtel among top stocks likely to give 16-50% upside

Updated : 2019-06-11 14:30:39

On May 6, the benchmark indices posted the biggest one-day fall in 2019 after the Reserve Bank of India (RBI) cut repo rate by 25 bps at 5.75 percent and changed its policy stance to accommodative from neutral. Here are the top eight chart picks from different brokerages that could give 16-50 percent upside in the medium term:

Infibeam Avenues | Brokerage: KR Choksey | Rating: Buy | CMP: Rs 45.05 | Target: Rs 63 | Upside: 40 percent
Infibeam Avenues | Brokerage: KR Choksey | Rating: Buy | CMP: Rs 45.05 | Target: Rs 63 | Upside: 40 percent
Sadbhav Engineering | Brokerage: ICICI direct | Rating: Buy | CMP: Rs 253.20 | Target: Rs 300 | Upside: 18 percent
Sadbhav Engineering | Brokerage: ICICI direct | Rating: Buy | CMP: Rs 253.20 | Target: Rs 300 | Upside: 18 percent
Entertainment Network | Brokerage: HDFC Securities | Rating: Buy | CMP: Rs 461.25 | Target: Rs 696 | Upside: 50 percent
Entertainment Network | Brokerage: HDFC Securities | Rating: Buy | CMP: Rs 461.25 | Target: Rs 696 | Upside: 50 percent
ONGC | Brokerage: Elara Capital | Rating: Buy | CMP: Rs 169.05 | Target: Rs 226 | Upside: 33 percent" data-original="https://images.cnbctv18.com/wp-content/uploads/2018/06/2018-05-31T181146Z_1_LYNXNPEE4U1UV_RTROPTP_3_ONGC-GAS.jpg" > <span class=ONGC | Brokerage: Elara Capital | Rating: Buy | CMP: Rs 169.05 | Target: Rs 226 | Upside: 33 percent" title="ONGC | Brokerage: Elara Capital | Rating: Buy | CMP: Rs 169.05 | Target: Rs 226 | Upside: 33 percent">
ONGC | Brokerage: Elara Capital | Rating: Buy | CMP: Rs 169.05 | Target: Rs 226 | Upside: 33 percent
Grindwell Norton | Brokerage: ICICI direct | Rating: Buy | CMP: Rs 582.80 | Target: Rs 680 | Upside: 16 percent
Grindwell Norton | Brokerage: ICICI direct | Rating: Buy | CMP: Rs 582.80 | Target: Rs 680 | Upside: 16 percent
Bharti Airtel | Brokerage: Elara Capital | Rating: Buy | CMP: Rs 353.80 | Target: Rs 530 | Upside: 50 percent" data-original="https://images.cnbctv18.com/wp-content/uploads/2018/04/2018-04-24T125148Z_1_LYNXMPEE3N10J_RTROPTP_3_INDIA-BUISNESS.jpg" > <span class=Bharti Airtel | Brokerage: Elara Capital | Rating: Buy | CMP: Rs 353.80 | Target: Rs 530 | Upside: 50 percent" title="Bharti Airtel | Brokerage: Elara Capital | Rating: Buy | CMP: Rs 353.80 | Target: Rs 530 | Upside: 50 percent">
Bharti Airtel | Brokerage: Elara Capital | Rating: Buy | CMP: Rs 353.80 | Target: Rs 530 | Upside: 50 percent
Alkem Laboratories | Brokerage: Anand Rathi | Rating: Buy | CMP: Rs 1,765.05 | Target: Rs 2,089 | Upside: 18 percent
Alkem Laboratories | Brokerage: Anand Rathi | Rating: Buy | CMP: Rs 1,765.05 | Target: Rs 2,089 | Upside: 18 percent
Mayur Uniquoters | Brokerage: Anand Rathi | Rating: Buy | CMP: Rs 298.25 | Target: Rs 396 | Upside: 32 percent
Mayur Uniquoters | Brokerage: Anand Rathi | Rating: Buy | CMP: Rs 298.25 | Target: Rs 396 | Upside: 32 percent
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