Following an almost 76 percent rise in the stock in the last 1 year, domestic brokerage house Axis Securities has picked auto major Hero MotoCorp as its top pick of the week .
Following a multibagger surge in the stock in the last 1 year, domestic brokerage house Axis Securities has picked IT stock Cyient as its top pick of the week .
Axis Securities has a ‘buy’ call on Welspun Living with a target price of ₹175, implying a potential upside of 14 percent. This is on the back of the promising long-term potential in the textile sector, raw material price correction, improvement in margins, and developing branded presence.
Axis Securities has a ‘buy’ call on the stock with a target price of ₹2,615, implying a potential upside of 10 percent. This is on the back of its attractive valuations, strong growth opportunities, positive company-specific triggers, and macroeconomic tailwinds.