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    Hot Stocks: 3 stocks that may give returns between 13-26%

    Synopsis

    A look at some of the latest stock recommendations by analysts. These stocks are expected to return between 13% and 26% as per analysts’ price targets.

    Hot stocks
    Revlimid are priced in Catalysts are sustaining aboveaverage market growth in India, and low-competition injectable launches in the US
    A look at some of the latest stock recommendations by analysts. These stocks are expected to return between 13% and 26% as per analysts’ price targets.

    SWIGGY
    BROKERAGE: JP MORGAN Price Target: Rs 730 CMP: Rs 582 Upside: 25.4%

    • Company to catch up across food delivery (FD) and quick commerce (QC) with renewed focus and improved execution
    • Stock trading at 32–42% discount to Zomato that appears overly pessimistic
    • Bolt (10 min FD) could help Swiggy regain share

    MOTILAL OSWAL FIN SERV
    BROKERAGE: INVESTEC Price Target: Rs 1,200 CMP: Rs 954 Upside: 25.8%

    Growfast
      • All operating businesses well-positioned and gaining market share
      • Invests excess cash generated by operating businesses in equity, enhancing shareholder value
      • Change in equity market sentiment is a key risk

      DR REDDY’S LABS
      BROKERAGE: NOMURA Price Target: Rs 1,500 CMP: Rs 1,326 Upside: 13%

      • Upgrade stock to buy as risk-reward is favourable
      • Relative underperformance of stock suggests that concerns about the high contribution of
      • Revlimid are priced in Catalysts are sustaining aboveaverage market growth in India, and low-competition injectable launches in the US



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