Axis Direct picks 5 smallcap stocks with up to 40% upside potential. How many do you have?
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Axis Direct picked 5 smallcap stocks with up to 40% upside potential after the Indian stock market fell for eight consecutive weeks.
- ✓The brokerage showed confidence in these firms despite the recent market crash.
- ✓Investors now look at these specific picks to see if they have them in their portfolios.
Story at a Glance
- Category
- MARKET
- Reported By
- The Economic Times
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
The Indian stock market has just set a record, but not one investors hoped for. Dalal Street has logged losses for eight consecutive weeks, surpassing the streaks seen during the 2020 Covid-19 crash and the 2008 global financial crisis. Axis has picked 5 smallcap stocks with strong value after the sharp correction.
Axis has assigned a target price of Rs 1,000, implying an upside of 19% from current market levels. It is a leading owner, developer, and asset manager of high-end hotels in India, primarily operating in key metro cities such as Mumbai, Hyderabad, Bengaluru, and Pune. The company’s portfolio includes luxury and upper-upscale hotels managed by renowned global brands like Marriott, Westin, and Four Points.
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The Economic Times
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