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Motilal Oswal's chosen midcaps for double-digit returns

Bharat Forge, Endurance Technologies and BSE on the top picks list by the broking house Motilal Oswal

=Motilal Oswal’s chosen midcaps for double-digit returns
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Motilal Oswal’s chosen midcaps for double-digit returns

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Bharat Forge, Endurance Technologies and BSE on the top picks list by the broking house Motilal Oswal.

Market witnessed selling pressure throughout the week with Sensex and Nifty fell nearly 2 percent amid weak global cues. Among sectors BSE Metal index underperformed the other sectoral indices with nearly 6 percent loss and Energy and Realty indices fell 4 percent each. The broader indices - midcap and smallcap - fell more than 1 percent each, while Motilal Oswal bets on these midcap stocks with an upside up to 27 percent.

Alkem Laboratories | Rating: Buy | LTP: Rs 3,482 | Target Price: Rs 4,150 | Upside: 19 percent

Endurance Technologies | Rating: Buy | LTP: Rs 1,749 | Target Price: Rs 2,100 | Upside: 20 percent

Ipca Laboratories | Rating: Buy | LTP: Rs 2,078 | Target Price: Rs 2,600 | Upside: 25 percent

Varun Beverages | Rating: Buy | LTP: Rs 948 | Target Price: Rs 1,210 | Upside: 27 percent

PI Industries | Rating: Buy | LTP: Rs 2,866 | Target Price: Rs 3,215 | Upside: 12 percent

Bharat Forge | Rating: Buy | LTP: Rs 779 | Target Price: Rs 975 | Upside: 25 percent

Bizz Buzz News Disclaimer: The Content is for informational purposes only, you should not construe any such information or other material for investment, financial, or other advice.

Dwaipayan Bhattacharjee
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