HPCL, BPCL expected to rise 30-70% by 2026
Several brokerage firms have provided stock recommendations for 2025, aiming for significant returns in the coming year. Key stocks include Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL), which are seen as having high growth potential. Antique has rated HPCL as a "Buy," with a new target price of Rs 565, up from Rs 555. This suggests a potential upside of 74% from its last traded price of Rs 323. Similarly, BPCL holds a "Buy" rating with a revised target price of Rs 425, an increase from Rs 420. This indicates a possible upside of 62%, based on the last price of Rs 262. Indian Oil Corporation (IOC) also received a "Buy" recommendation from Antique, with a target price of Rs 172, up from Rs 170. This points to a 37% upside from its last traded price of Rs 125. Macquarie has maintained an "Outperform" rating on Tata Motors, with a target price of Rs 826. This suggests a potential upside of 21% from the last traded price of Rs 679. Finally, Nuvama has a "Buy" rating for Pidilite Industries, setting a target price of Rs 3,660. This indicates a possible 34% increase from its last traded price of Rs 2,730. Investors should remember that these recommendations reflect the views of experts and may vary.