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From HDB Financial to Dixon Tech: Seven stocks that could rally up to 43%, according to analysts

Published on 22/08/2025 03:37 PM

From newly-listed HDB Financial Services to PSU giant NTPC, these seven stocks have been highlighted for their potential to deliver meaningful upside in the near to medium term.dBrokerages mostly have turned positive on select names across financial services, real estate, energy, consumer tech, and manufacturing. From newly-listed HDB Financial Services to PSU giant NTPC, these seven stocks have been highlighted for their potential to deliver meaningful upside in the near to medium term. Here's a snapshot of the key brokerage calls.HDB Financial Services: Shares of newly-listed HDB Financial Services, a subsidiary of HDFC Bank Ltd., received initiation coverage from brokerage firm Motilal Oswal. The brokerage initiated coverage with a 'Neutral' rating and a price target of ₹860, implying a 9% upside from Wednesday's closing levels. However, Motilal Oswal also projected a bull-case target of ₹995 per share, suggesting a potential 26% upside.Dixon Technologies: Brokerage firm Motilal Oswal has maintained its 'Buy' rating on Dixon Technologies, with a price target of ₹22,300 from ₹22,100 earlier.Swiggy, Eternal: Brokerage firm DAM Capital initiated coverage on food delivery aggregator Swiggy Ltd. and quick-commerce operator Eternal Ltd. (parent company of Zomato) on August 20. Both stocks received a 'Buy' recommendation, with a price target of ₹515 for Swiggy and ₹400 for Eternal. The targets imply potential upsides of 30% and 26% respectively from Tuesday's closing levels.Sunteck Realty: Shares of Sunteck Realty Ltd. climbed as much as 3% from the day’s low on Friday, August 22. Brokerage firm Motilal Oswal maintained its 'Buy' rating, citing strong growth visibility, and revised its price target to ₹561 per share, implying a potential upside of 43% from Thursday's closing levels.NTPC: Brokerage firm CLSA has maintained an 'Outperform' rating on NTPC, projecting a 37% upside with a price target of ₹459 per share. Following its analyst meet, NTPC highlighted plans to boost capacity additions by 15% while accelerating its clean energy transition initiatives, including carbon batteries.Indian Oil Corporation (IOC): Shares of Indian Oil Corporation Ltd. (IOC) have rallied 18% over the past six months, outperforming the Nifty Index’s 8% gain during the same period. The rally was supported by softer crude oil prices and the government’s commitment to fund up to ₹30,000 crore of FY26 LPG losses for oil marketing companies (OMCs). Brokerage firm Elara Capital reiterated its 'Buy' rating on IOC but trimmed its target price by 10% to ₹193. Despite the cut, the revised target still implies a potential 38% upside from current levels.Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.