Ahead of Q4 earnings, several brokerages have upgraded the target price on stocks. These stocks belong to various sectors such as banking, auto component & equipment, information technology, and more. According to Trendlyne data, as many as four brokers have upgraded the target price on 10 stocks. Here's a list of 10 stocks that earned upgrades in the last month
Agencies
2/11
LTIMindtree | CMP: Rs 4,600
Trendlyne data shows that four brokers have upgraded the target price of LTIMindtree. Brokers have set an average target price of Rs 5,379 on the stock, indicating an upside potential of 17% from the current market prices
ANI
3/11
Mahindra CIE Automotive | CMP: Rs 355
Three brokers have upgraded the target price of Mahindra CIE Automotive. Brokers have set an average target price of Rs 448 on the stock, showing an upside potential of around 26% from the current market prices
iStock
4/11
Tech Mahindra | CMP: Rs 1,102
Three brokers have upgraded the target price of Tech Mahindra. Brokers have set an average target price of Rs 1,131 on the stock, showing an upside potential of around 3% from the current market prices
IANS
5/11
Varun Beverages | CMP: Rs 1,352
Three brokers have upgraded the target price of Varun Beverages. Brokers have set an average target price of Rs 1,312 on the stock, indicating a downside of around 3% from the current market prices
ETMarkets.com
6/11
Federal Bank | CMP: Rs 127
Trendlyne data shows that two brokers have upgraded the target price of Federal Bank. Brokers have set an average target price of Rs 161.3 on the stock, implying an upside potential of 27% from the current market prices.
iStock
7/11
GAIL | CMP: Rs 103.5
Two brokers have upgraded the target price of GAIL. Brokers have set an average target price of Rs 121.3 on the stock, showing an upside potential of around 17% from the current market prices.
ETMarkets.com
8/11
Kalpataru Power Transmission | CMP: Rs 548
Two brokers have upgraded the target price of Kalpataru Power Transmission. Brokers have set an average target price of Rs 640.2 on the stock, implying a downside of around 17% from the current market prices
ETMarkets.com
9/11
Samvardhana Motherson International | CMP: Rs 65
Trendlyne data shows that two brokers have upgraded the target price of Samvardhana Motherson International. Brokers have set an average target price of Rs 98 on the stock, implying an upside potential of around 51% from the current market prices
ETMarkets.com
10/11
Sonata Software | CMP: Rs 823
Two brokers upgraded the target price of Sonata Software. Brokers have set an average target price of Rs 744, implying a downside of around 10% from the current market prices
ANI
11/11
PNC Infratech | CMP: Rs 278
Trendlyne data shows that two brokers upgraded the target price of PNC Infratech. Brokers have set an average target of Rs 379.4 on the stock, implying an upside potential of 36% from the current market prices.
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