As of March 13, 2025, the Indian stock market saw a slight decline. The BSE Sensex dropped by 0.27 percent, closing at 73,828.91, while the Nifty 50 fell by 0.33 percent, ending at 22,397.20. These movements were influenced by ongoing global trade tensions, despite softer-than-expected inflation data from both the U.S. and India.
Here are 5 stocks to buy for an upside of 82 percent according to analysts during this market volatility:
1. Persistent Systems Ltd
With a market capitalization of Rs.79,609 crore, Persistent Systems Ltd, provides software engineering and strategy services to help companies implement and modernize their businesses, saw its shares close at Rs.5,100.00 each on Thursday, reflecting a decrease of 1.6 percent from the previous close.
CLSA has recommended a “Buy” call on Persistent Systems Ltd with a target price of Rs.9,267 per share, indicating an upside potential of 82 percent.
2. Polycab India Ltd
With a market capitalization of Rs.75,755 crore, Polycab India Ltd, India’s leading manufacturers of cables and wires and allied products, saw its shares close at Rs.5,000.00 each on Thursday, reflecting a decrease of 0.2 percent from the previous close.
Sharekhan has recommended a “Buy” call on Polycab India Ltd with a target price of Rs.7,300 per share, indicating an upside potential of 46 percent.
Also read: 5 Fundamentally strong stocks that are currently trading close to their 200 Day Moving Average
3. DCB Bank Ltd
With a market capitalization of Rs.3,305 crore, DCB Bank Ltd, a private sector, scheduled commercial bank in India, saw its shares close at Rs.104.86 each on Thursday, reflecting an increase of 0.4 percent from the previous close.
Motilal Oswal has recommended a “Buy” call on DCB Bank Ltd with a target price of Rs.150 per share, indicating an upside potential of 43 percent.
4. Can Fin Homes Ltd
With a market capitalization of Rs.7,989 crore, Can Fin Homes Ltd, a deposit-taking housing finance company (HFC), saw its shares close at Rs.601.00 each on Thursday, reflecting a decrease of 0.23 percent from the previous close.
Sharekhan has recommended a “Buy” call on Can Fin Homes Ltd with a target price of Rs.850 per share, indicating an upside potential of 42 percent.
5. Sharda Cropchem Ltd
With a market capitalization of Rs.7,989 crore, Sharda Cropchem Ltd, principally engaged in export of agrochemicals and non-agro products such as conveyor belts, rubber belts/sheets, dyes, saw its shares close at Rs.545.00 each on Thursday, reflecting an increase of 0.2 percent from the previous close.
Anand Rathi has recommended a “Buy” call on Sharda Cropchem Ltd with a target price of Rs.730 per share, indicating an upside potential of 34 percent.
Written by – Siddesh S Raskar
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