Large, Mid Cap Stocks That Can Soar Up To 50%: Motilal Oswal Picks 5 Stocks, Buy

Motilal Oswal has recommended investors to buy 5 stocks that are showing the potential to soar up to 50%. These stocks are Trent, Bharti Airtel, Samvardhana Motherson, Piramal Enterprises, and Sobha. Four of these stocks are large cap and Sobha Ltd is a mid-cap stock. Check details below pertaining to the stocks:

1. Buy Trent

Motilal Oswal has recommended investors to buy Trent Ltd with a target price of Rs 1500 apiece. Current market price of the stock is Rs 1342 apiece with an intraday gain of 8.64%. If you buy Trent now, you can get maximum 12% return soon.

The stock rallied 10% in last 1-month and 25% in last 1-year. It gave 102% return in last 3-years. The large cap Tata Group stock operates in Retail sector.

According to Motilal Oswal, "We retain our Buy rating with a TP of INR1,500, given the strong growth opportunity."

2. Buy Bharti Airtel

The analyst has given buy call to Bharti Airtel with a target price of Rs 985 apiece. Current market price of the stock is Rs 766.55 apiece with intraday fall of 1.10%. If you buy Bharti Airtel Ltd now, you can get potential return of 29%.

The stock gave 6% return in last 1-year and 42% in last 3-years. In last 5-years, it soared 81%. The large cap stock operating in Telecommunications sector came into existence in 1995.

According to the analyst, "We reiterate our Buy rating on the stock. Near-term valuation multiples have remained under pressure, but long-term growth should garner better valuations."

3. Buy Samvardhana Motherson

Last trading price of Samvardhana Motherson is Rs 79.25 apiece with an intraday decline of 1.92%. Motilal Oswal has assigned buy call with a target price of Rs 100 apiece. If you buy Samvardhana Motherson now, the stock can give you potential return of 27%.

The large cap stock, operating in Auto Ancillaries sector, gave a return of 16% in 3-months, declined 11% in last 1-year, and offered a return of 19% in last 3-years.

According to Motilal Oswal, "With high operating leverage, reasonable financial gearing and no risk of EVs, MOTHERSON is our preferred pick in the auto component industry. We reiterate our Buy rating with a TP of INR100 (Dec-24 based SOTP)."

4. Buy Piramal Enterprises

Motilal Oswal has assigned buy call to Piramal Enterprises with a target price of Rs 1150 apiece. Current market price of Piramal Enterprises is Rs 837.80 apiece with intraday fall of 0.72%.

If you buy Piramal Enterprises now, you can get likely surge of 37%. The company has a market capitalisation of Rs 19,995.24 crore. The stock gave 3% return in last 1-month and declined 66% in last 1-year. The large cap stock operates in Diversified sector and came into existence in 1947.

According to the analyst, "We estimate ~13% AUM CAGR over FY23-25, including consolidation in the Wholesale book over the next two years. Retain BUY with a TP of INR1,150 (premised on Sep'24E SoTP)."

5. Buy Sobha Ltd

Motilal Oswal has recommended investors to buy Sobha Ltd with a target price of Rs 855 apiece. Current market price of Sobha is Rs 571 apiece with intraday dip of 0.77%.

If you buy Sobha Ltd now, you can fetch a potential return of 50%. The mid cap stock fell 34% in last 1-year and gave a return of 40%. It came into existence in 1955.

According to Motilal Oswal, "We reiterate our buy rating on the stock with a TP of INR855, an upside potential of 48%."

Disclaimer

The stocks have been picked from the brokerage report of Motilal Oswal. Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.