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    Hot Stocks: Hot Stocks: 3 stocks that may give returns between 13-43%



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    A look at some of the latest stock recommendations by analysts. These stocks are expected to return between 13% and 43% as per analyst price targets.

    DIVI’S LABORATORIES

    BROKERAGE: CITI Price Target: Rs 7,050 CMP: Rs 6,216 | Upside: 13%

    • Orforglipron, Eli Lilly’s oral diabetes drug, next addition in Divi’s pipeline
    • Potential to become primary supplier Company has announced $170-million capex, which Citi believes is primarily for GLP-1—medication to manage
    • Type 2 diabetes and obesity Divi’s could be a key player for Eli Lilly’s next weight loss product—Retatrutide

    DEVYANI INTERNATIONAL
    BROKERAGE: BERNSTEIN Price Target: Rs 220 CMP: Rs 179 | Upside: 23%

    • Reiterate positive view after acquiring majority stake in unlisted Sky Gate Hospitality, which owns Biryani By Kilo and other cloud kitchens
    • Value accretive for Devyani as deal done at 2-2.5 times sales
    • QSR (Quick Service Restaurant) chains at 4-6.6 times sales FY25 and FY26 earnings to be volatile because of M&A and growth moves

    ANANT RAJ
    BROKERAGE: NOMURA Price Target: Rs 700 CMP: Rs 488 | Upside: 43%

    • Reiterate Buy rating but cut price target from Rs 750 to Rs 700 citing a more conservative stance on its data centre unit
    • Company’s 307 Mega Watt Data Centre target will be reached by FY32-33 as against earlier expectations of FY31
    • Valuations still attractive as earnings per share estimated to grow over 40% on a compounded basis over FY26-27

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    https://economictimes.indiatimes.com/markets/stocks/news/hot-stocks-3-stocks-that-may-give-returns-between-13-43/articleshow/120600075.cms

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