CLSA's Top Stock Picks with Up to 22% Upside
Leading international brokerage house CLSA has recommended 'Outperform' on three stocks, expecting up to 22% upside. The current market juncture has left investors seeking potential bargain buys, and CLSA's top picks may offer valuable insights.
CLSA has maintained its 'Outperform' rating on HDFC Bank, raising the target price to 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 forecasts the largest private sector bank to "deliver 11% loan growth in FY26 and 14-15% thereafter.
Author's summary: CLSA recommends three stocks with up to 22% upside.
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