Brokerage JM Financial has cherry-picked 29 stocks from across the market – M Financial’s preferred list of 14 large, 10 mid and 15 small cap stocks
In the large cap space, The list includes stocks such as Reliance Industries, ONGC, Cholamandalam Investment, Samvardhana Motherson, Shriram Transport, Havells India, DLF, Maruti Suzuki, Polycab, Jindal Steel & Power, Bank of Baroda, Hindalco, Bharat Electronics and Axis Bank.
In the midcap space, JM Financial recommended stocks such as Suzlon Energy, Supreme Industries, Oil India, BHEL, Global Health, Gujarat Gas, KEI, Metro Brands, Deepak Nitrite and Marico, among others.
In the small cap space, it sees 72.9% upside in Zee. JM Financial is also positive on HG Infra Engineering, Ahluwalia Contracts, PCBL, Cyient DLM, Star Health and Allied Insurance, Gokaldas Exports, Lemon Tree, SAMHI Hotels, PNB Housing Finance, CMS Info Systems, Balrampur Chini, Bikaji Foods, Techno Electric, and Aadhar Housing Finance with an upside of somewhere between 16% and 60%.