May 20, 2026, 07:58:14 AM IST
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Brokerage Recommendations
Brokerages remain optimistic on select stocks across infrastructure, financials, power, and industrial sectors, with several firms seeing upside potential of over 20% from current levels.
We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
ETMarkets.com
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Elara Securities on KEC International
Elara Securities on KEC International: Buy| Target Rs 700| LTP Rs 548| Potential Upside 27%
Elara Securities has maintained a ‘Buy’ rating on KEC International with a target price of Rs 700, indicating a potential upside of 27% from the current market price of Rs 548.
ET Online and Agencies
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Elara Securities on NHPC
Elara Securities on NHPC: Buy| Target Rs 97| LTP Rs 76| Potential Upside 27%
Elara Securities has also retained its ‘Buy’ call on NHPC with a target price of Rs 97, implying a potential upside of 27% from the current market price of Rs 76.
Agencies
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Morgan Stanley on Bajaj Finance
Morgan Stanley on Bajaj Finance: Buy| Target Rs 1120| LTP Rs 920| Potential Upside 21%
Global brokerage firm Morgan Stanley has maintained its ‘Buy’ rating on Bajaj Finance with a target price of Rs 1,120, suggesting a potential upside of 21% from the current market price of Rs 920.
Agencies
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Goldman Sachs on Power Grid
Goldman Sachs on Power Grid Corporation of India: Buy| Target Rs 380| LTP Rs 296| Potential Upside 28%
Global brokerage Goldman Sachs has maintained a ‘Buy’ recommendation on Power Grid Corporation of India with a target price of Rs 380, implying a potential upside of 28% from the current market price of Rs 296.
iStock
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Elara Securities on Ratnamani Metals
Elara Securities on Ratnamani Metals and Tubes: Buy| Target Rs 3249| LTP Rs 2691| Potential Upside 20%
Elara Securities has also maintained its ‘Buy’ stance on Ratnamani Metals and Tubes with a target price of Rs 3,249, indicating a potential upside of 20% from the current market price of Rs 2,691.
(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
ETMarkets.com
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