CLSA's Top Stock Picks with Up to 22% Upside
Leading international brokerage house CLSA has recommended 'Outperform' on three stocks with potential upside of up to 22%.
The markets are at an interesting juncture, with investors looking for potential bargain buys. CLSA's top picks include:
- HDFC Bank, with a target price of Rs 1,200 per share, implying over 19% upside from current levels.
CLSA expects HDFC Bank's return on equity to cross 14% and forecasts the bank to "deliver 11% loan growth in FY26 and 14-15% thereafter.
Author's summary: CLSA recommends 3 stocks with up to 22% upside.
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