CLSA's Top Stock Picks with Up to 22% Upside
Leading international brokerage house CLSA has recommended an 'Outperform' rating on three stocks with potential upside of up to 22%.
According to CLSA, these stocks are poised for significant growth, making them attractive investment options. One of the top picks is HDFC Bank, with a raised target price of Rs 1,200 per share from Rs 1,150, implying a 19% upside from current levels.
CLSA expects HDFC Bank's return on equity to cross 14% and forecast the largest private sector bank to "deliver 11% loan growth in FY26 and 14-15% thereafter.
The investment rationale for these stocks is based on their potential for long-term growth and stability. CLSA's analysis provides valuable insights for investors looking to make informed decisions.
Autor's resume: CLSA recommends 3 stocks.
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