These 10 Nifty microcap stocks can rally 70-200% in the next 12 months
Several stocks in the Nifty Microcap 250 index are projected to deliver strong returns over the next 12 months, according to analyst estimates compiled by Trendlyne. Companies such as Rajesh Exports, GMM Pfaudler, Strides Pharma, and Mahindra Lifespace are among the top picks, with estimated upside ranging from 70% to over 200%. Here's a closer look:
Rajesh Exports has an average target price of Rs 600, implying a 202% upside.
Paisalo Digital has a projected target price of Rs 75, indicating a 135% upside. One analyst covering the stock maintains a 'Strong Buy' rating.
The stock has an average target price of Rs 1,482, suggesting a 107% upside. Two analysts tracking the company have a 'Strong Buy' rating.
Orchid Pharma has a projected target price of Rs 1,438, indicating a 104% upside. Three analysts covering the stock maintain a 'Strong Buy' rating.
Allcargo Logistics is projected to reach Rs 59, implying a 95% upside. Three analysts rate the stock as a 'Buy'.
Gujarat Ambuja has an average target price of Rs 220, signalling a 93% upside. One analyst recommended a 'Strong Buy'.
Easy Trip Planners is expected to rise to Rs 21, marking an 87% upside. One analyst has been assigned a 'Strong Sell' rating.
With an average target price of Rs 132, JTL Industries has a potential upside of 87%. Five analysts maintain a 'Strong Buy' rating.
The stock has an average target price of Rs 300, reflecting an 81% upside. One analyst continues to recommend a 'Strong Buy'.
The stock has an average target price of Rs 1,970, reflecting a 72% upside. Two analysts continue to recommend a 'Strong Buy'.
The stock has an average target price of Rs 574, reflecting a 70% upside. Seven analysts continue to recommend a 'Strong Buy'.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
