Analysts have recommended buying shares of Indian Overseas Bank, Hindustan Construction Co. and Polycab India Ltd. among others.

Nilesh Jain, head AVP, technical and derivatives research at Centrum Broking Ltd., Kunal Rambhia, founder of The Street and Amit Goel, founder Of Amit Ventures and others have shared their insights with NDTV Profit.

These stock calls have the potential to generate upsides of up to 13%, according to them.

Indian Overseas Bank

Kunal Rambhia, founder of The Street, has recommended buying IOB Ltd., for a target price of Rs 60, implying an upside of 13.2% at a stop loss of Rs 51. The stock ended around 3.66% lower on Tuesday. It is trading 10.82% higher from its price 12 months ago.

Hindustan Construction Company

Rambhia has also given Hindustan Construction a ‘buy’ rating with a target price of Rs 38, implying an upside of 11.7% at a stop loss of Rs 32. The stock ended around 1.49% higher on Tuesday. It is trading 13.61% higher from its price 12 months ago.

Polycab India

Amit Goel, founder Of Amit Ventures, has given Polycab India a ‘buy’ rating with a target price of Rs 415.06, implying an upside of 8.9%, at a stop loss of Rs 367.5 per share. The stock ended around 0.51% higher on Tuesday. It is trading 52.41% higher from its price 12 months ago.

Exide India

Amit Goel has also given Exide India Ltd. a ‘buy’ rating with a target price of Rs 415.06 apiece, implying an upside of 8.5% at a stop loss of Rs 367.5 per share. The stock ended around 1.23% higher on Tuesday. It is trading 16.77% higher from its price 12 months ago.

Nalco

Nilesh Jain, head AVP, technical and derivatives research at Centrum Broking Ltd., rates National Aluminium Co., with a ‘buy’ rating. With the target price set at Rs 207, the implied upside is 8.3% with a stop loss of Rs 195.5. The stock ended around 0.70% higher on Tuesday. It is trading 42.74% higher from its price 12 months ago.

. Read more on Markets by NDTV Profit.These stock calls have the potential to generate upsides of up to 13%, according to analysts.  Read MoreMarkets, Business, Notifications 

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