Indian equity markets have been on a cyclical trend in the last three month of the financial year 2017-2018 with Sensex moving in a range of 32,923 and the all-time high of 36,283. The sentiments of market participants have taken a hit in the last two months due to an introduction of a tax on LTCG, global sell-off. Amid the turbulent trading sessions, we bring to you 10 stocks below Rs 200 to buy and gain up to 75%.
Aditya Birla Capital — HDFC Securities
Shares of Aditya Birla Capital have lost about 38% of its value since the time it got listed in September last year. The research and brokerage firm HDFC Securities has given a target price of Rs 208 which implies an upside of 42% from its current market price.
Manappuram Finance — HDFC Securities
Shares of Mannupuram Finance have risen around 14% over the last one year. HDFC Securities has given a target price of Rs 158 which implies an upside of 51% from the current market price.
HPL Electric — HDFC Securities
Shares of HPL Electric have jumped 17% in the last 12 months. HDFC Securities has given a target price of Rs 195 which implies an upside of 59%.
Navkar Corporation — Angel Broking
Shares of Navkar Corporation have declined nearly 10% in last one year. The research and brokerage firm Angel Broking has given an upside of 73.9% to a target price of Rs 265.
LT Foods — Angel Broking
The stock of LT Foods has gained over 50% in the last 12-month period vastly outperforming Sensex and Nifty. Angel Broking has given an upside of 49.6% to a target price of Rs 128.
Prism Cement — Angel Broking
Shares of Prism Cement have surged nearly 14% in the last one year term. Angel Broking has given an upside of 39.6% to a target price of Rs 160.
Gateway Distriparks — Axis Securities
Shares of Gateway Distriparks have dropped over 25% in the last one year. The research and brokerage firm Axis Securities has given an upside of 34% to a target price of Rs 252.
L&T Finance Holdings — Axis Securities
The stock of L&T Finance Holdings has surged about 25% in the last 12 months time. Axis Securities has given an upside of 37% to a target price of Rs 210.
Mirza International — Axis Securities
Shares of Mirza International have surged more than 30% in the last one year. Axis Securities has given an upside of Rs 35% to a target price of Rs 153.
Minda Corp — Axis Securities
Shares of Minda Corp have nearly doubled in the last one year to Rs 180 from a price level of Rs 92.15 a year earlier. Axis Securities has given an upside of 36% to a target price of Rs 246.
