Stocks to buy: 6 stocks to watch out for an upside of up to 56.3%

Stock: Gravita India
Research House: Kotak Securities
Advice: Buy
Stock price: Rs 925
1-year target price: Rs 1,200
Potential Upside: 29.7%
Comment: Initiate with a buy rating due to likely improvement in profitability led by rising domestic scrap availability and capacity expansion across existing/new divisions. Also, regulatory tailwinds and foray into new recycling segments are key positives.

Getty Images

Stock: PNC Infratech
Research House: ICICI Direct
Advice: Buy
Stock price: Rs 430
1-year target price: Rs 550
Potential Upside: 27.9%
Comment: Assign buy rating due to its healthy execution, stable margin trajectory, decent order book and healthy revenue visibility. Also, consummation of asset monetisation will drive scalability and future growth.

Getty Images

Stock: Dalmia Bharat
Research House: Motilal Oswal
Advice: Buy
Stock price: Rs 1,992
1-year target price: Rs 2,500
Potential Upside: 25.5%
Comment: Reiterate buy rating for projected double-digit growth in March quarter from robust demand and market share gains. Ongoing capacity expansion, cost efficiency, innovation, and sustainability are key strengths.

Getty Images

Stock: BEML
Research House: Prabhudas Lilladher
Advice: Buy
Stock price: Rs 2,785
1-year target price: Rs 3,345
Potential Upside: 20.1%
Comment: Initiate with buy rating due to its healthy order book, growing opportunities in metro, railway and defence segments, substantial planned capex and possibilities of strong margin expansion in the future.

Getty Images

Stock: Sagar Cements
Research House: Geojit
Advice: Buy
Stock price: Rs 205
1-year target price: Rs 246
Potential Upside: 20%
Comment: Upgrade to buy due to healthy cement demand led by government’s focus on infra. Also, focus on cost efficiencies and ramp up in new capacities will support growth and margins in the future.Source: ET Wealth Edition dated April 8

Getty Images