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Top stock picks at Kotak Securities backed by our expert Research team
| Stock | Price** | Target | Potential Upside/Downside # | Research Report | |
| BPCL | 472 | 550 | 16.5% | BUY |  |
| HDFC | 2,553 | 3,050 | 19.5% | BUY | |
| Hindalco Industries | 394 | 500 | 26.8% | BUY | |
| L&T Ltd | 1,468 | 1,850 | 26.0% | BUY | |
| InterGlobe Aviation | 1,759 | 2,100 | 19.4% | BUY | |
| Mahindra & Mahindra | 808 | 975 | 20.7% | BUY | |
**Price - Close price as on 31st May 2021
#Potential Upside/Downside is difference between Target Price and Price. Potential Upside/Downside % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Institutional Equities
Click here to read the detailed research report
Top stocks recommended by our in-house experts:
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MAY 2021
Stock Price** Target Potential Upside/Downside # Research Report Escorts 1,119 1,700 52.0% BUY GAIL (India) 137 170 23.9% BUY ICICI Bank 600 710 18.3% BUY ICICI Prudential Life 522 660 26.4% BUY Tech Mahindra 960 1,150 19.7% BUY United Spirits 520 680 30.9% BUY **Price - Close price as on 30th April 2021
#Potential Upside/Downside is difference between Target Price and Price. Potential Upside/Downside % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Institutional Equities
Click here to read the detailed research report
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APRIL 2021
Stock Price** Target Potential Upside/Downside # Research Report Bajaj Auto 3,680 4,440 19.6% BUY SIS 390 460 17.9% BUY Narayana Hrudayalaya 411 540 31.4% BUY IOCL 92 115 25.3% BUY Lupin 1,020 1,180 15.7% BUY Bharti Airtel 517 710 37.4% BUY KNR Construction 213 240 12.7% ADD **Price - Close price as on 31st March 2021
#Potential Upside/Downside is difference between Target Price and Price. Potential Upside/Downside % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Institutional Equities
Click here to read the detailed research report
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MARCH 2021
Stock Price** Target Potential Upside/Downside # Research Report Bajaj Consumer Care 243 300 23.5% ADD Cipla Limited 787 950 20.7% BUY DCB Bank 116 150 29.3% BUY Escorts 1,311 1,700 29.7% BUY ITC 204 265 29.9% BUY L&T Ltd 1,443 1,720 19.2% BUY Petronet LNG 255 300 17.7% BUY **Price - Close price as on 26th February 2021
#Potential Upside/Downside is difference between Target Price and Price. Potential Upside/Downside % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Institutional Equities
Click here to read the detailed research report
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FEBRUARY 2021
Stock Price** Target Potential Upside/Downside # Research Report Tata Steel 636 800 25.8% BUY Hindustan Zinc 289 335 15.9% BUY United Spirits 573 680 18.8% ADD DCB Bank 108 150 38.9% BUY Shriram City Union Fin 1,152 1,500 30.2% BUY SBI Life Insurance 875 1250 42.8% BUY Kalpataru Power 323 475 47.0% BUY **Price - Close price as on 01st February 2021
#Potential Upside/Downside is difference between Target Price and Price. Potential Upside/Downside % = (Target Price - Price)/(Price) * 100
Recommendation issued by Kotak Institutional Equities
Click here to read the detailed research report
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JANUARY 2021
Stock Price** Target Potential Upside/Downside # Bajaj Auto 3,448 3,900 13.1% BUY Bharti Airtel 516 710 37.6% BUY Britannia Industries 3,584 4,050 13.0% ADD Hindustan Zinc 239 295 23.4% BUY ICICI Bank 529 600 13.4% BUY Infosys 1,247 1,400 12.3% BUY Kalpataru Power 318 475 49.3% BUY Petronet LNG 247 300 21.5% BUY State Bank of India 277 340 22.7% BUY SBI Life Insurance 903 1,150 27.9% BUY **Price - Close price as on 30th December 2020
#Potential Upside/Downside is difference between Target Price and Price. Potential Upside/Downside % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Institutional Equities
Click here to read the detailed research report
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DECEMBER 2020
Stock Price** Target Potential Upside/Downside # HPCL 212 260 22.6% BUY Tech Mahindra 907 1,020 12.5% BUY PNC Infratech* 175 210 20.0% BUY Sobha 317 400 26.2% BUY CESC 592 800 35.1% BUY HUL 2,133 2,500 17.2% ADD Guj Pipavav 95 120 26.3% BUY **Price - Close price as on 01st December 2020
#Potential Upside/Downside is difference between Target Price and Price. Potential Upside/Downside % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Institutional Equities, *PNC Infratech is not covered by KIE team
Click here to read the detailed research report
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NOVEMBER 2020
Stock Price** Target Potential Upside/Downside # Axis Bank 525 600 14.3% BUY Bajaj Auto 2927 3900 33.2% BUY L&T 940 1300 38.3% BUY Ambuja Cements 264 300 13.5% BUY ITC 170 260 53.1% BUY Bajaj Finserv 5812 8000 37.6% BUY SBI Life Insurance 791 1100 39.1% BUY Infosys 1094 1400 28% BUY Hindustan Zinc 214 295 37.9% BUY Bharti Airtel 453 710 56.7% BUY **Price - Close price as on 04th November 2020
#Potential Upside/Downside is difference between Target Price and Price. Potential Upside/Downside % = (Target Price - Price)/(Price) * 100
Recommendation issued by Kotak Institutional Equities
Click here to read the detailed research report
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OCTOBER 2020
Stock Price** Target Potential Upside/Downside # ICICI Bank 355 470 32% BUY Kalpataru Power 245 470 92% BUY L&T 902 1210 34% BUY Berger Paints 581 430 -26% SELL Tata Power 53 70 32% BUY HCG 120 150 25% BUY Mindtree 1339 980 -27% REDUCE Castrol India 109 165 51% BUY Adani Ports and SEZ 341 400 17% BUY **Price - Close price as on 30th September 2020
#Potential Upside/Downside is difference between Target Price and Price. Potential Upside/Downside % = (Target Price - Price)/(Price) * 100
Recommendation issued by Kotak Institutional Equities
Click here to read the detailed research report
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SEPTEMBER 2020
Stock Price** Target Potential Upside/Downside # JSPL 218 270 23.9% BUY Bharti Airtel 547 710 29.8% BUY GAIL 96 140 45.2% BUY JK Lakshmi 263 340 29.3% BUY PGCIL 180 220 22.2% BUY DCB Bank 89 150 68.5% BUY Avenue Supermarts 2,241 1,480 -34.0% SELL ICICI Lombard 1,251 950 -24.1% SELL **Price - Close price as on 01st September 2020
#Potential Upside/Downside is difference between Target Price and Price. Potential Upside/Downside % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Institutional Equities
Click here to read the detailed research report
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AUGUST 2020
Stock Price** Target Potential Upside/Downside # Axis Bank 432 600 38.9% BUY Hindalco Industries 163 225 38.0% BUY ITC 194 260 33.9% BUY Larsen & Toubro 913 1,210 32.5% BUY Mindtree 1,083 890 -17.9% REDUCE Petronet LNG 248 300 21.0% BUY PNC Infratech* 133 185 38.7% BUY Voltas 598 440 -26.5% SELL **Price - Close price as on 31st July 2020
#Potential Upside/Downside is difference between Target Price and Price. Potential Upside/Downside % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Institutional Equities, *Kotak Securities – Private Client Group
Click here to read the detailed research report
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JULY 2020
Stock Price** Target Potential Upside/Downside # Jindal Steel and Power 153 200 31% BUY Gujarat Pipavav Port 76 106 40% BUY Bharti Airtel 567 690 22% BUY Federal Bank 52 80 55% BUY Kalpataru Power 213 470 120% BUY TCS 2,102 1,705 (19)% REDUCE Godrej Properties 843 610 (28)% SELL Berger Paints 502 410 (18)% SELL TVS Motor 378 220 (42)% SELL **Price - Close price as on 29th June 2020
#Potential Upside/Downside is difference between Target Price and Price. Potential Upside/Downside % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Institutional Equities
Click here to read the detailed research report
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JUNE 2020
Stock Price** Target Potential Upside/Downside # M&M 436 625 43.3% BUY GAIL 92 150 63.0% BUY Hindalco 139 225 61.9% BUY L&T 932 1,220 30.9% BUY PNC Infratech* 106 175 65.1% BUY Dr Lal Pathlabs 1,531 1,180 -22.9% SELL Indraprastha Gas 472 380 -19.5% SELL Avenue Supermart 2,267 1,480 -34.7% SELL **Price - Close price as on 29th May 2020
#Potential Upside/Downside is difference between Target Price and Price. Potential Upside/Downside % = (Target Price - Price)/(Price) * 100
Recommendation issued by Kotak Institutional Equities, *Kotak Securities - Private Client Group
Click here to read the detailed research report
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MAY 2020
Stock Price** Target Potential upside # Apollo Hospitals 1,396 1,820 30.4% BUY Finolex Industries 402 514 27.9% BUY ICICI Bank 380 490 28.9% BUY ITC 181 255 40.9% BUY L&T 897 1,270 41.6% BUY Mahanagar Gas 966 1,300 34.6% BUY Marico 288 350 21.5% BUY **Price - Close price as on 30th April 2020
#Potential Gain/Loss is difference between Target Price and Price. Potential Gain/Loss % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Securities – Private Client Group, *Kotak Institutional Equities
Click here to read the detailed research report
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APRIL 2020
Stock Price** Target Potential upside # ICICI Bank 324 615 90% BUY Bajaj Finserv 4,591 10,200 122% ADD HDFC 1,633 2,200 35% BUY HDFC Life Insurance 441 590 34% ADD Colgate-Palmolive (India) 1,253 1,600 28% ADD ITC 172 300 75% BUY Titan Company 934 1,260 35% BUY Cipla 423 570 35% BUY Reliance Industries 1,114 1,700 53% BUY Bharti Airtel 441 600 36% BUY **Price - Close price as on 31st March 2020
#Potential Gain/Loss is difference between Target Price and Price. Potential Gain/Loss % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Institutional Equities
Click here to read the detailed research report
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MARCH 2020
Stock Price** Target Potential upside # HDFC Ltd^,* 2,176 2,680 23.2% BUY ICICI Bank^,* 497 615 23.7% BUY Bharti Airtel* 524 600 14.5% BUY Mahanagar Gas* 1,005 1,300 29.4% BUY Quess Corp 514 690 34.2% BUY Engineers India 70 123 75.7% BUY **Price - Close price as on 28th February 2020
#Potential Gain/Loss is difference between Target Price and Price. Potential Gain/Loss % = (Target Price – Price)/(Price) * 100
^HDFC Ltd and ICICI Bank is valued on PBV or Price/BV while rest of the stocks are valued on PE
Recommendation issued by Kotak Securities – Private Client Group, *Kotak Institutional Equities
Click here to read the detailed research report
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FEBRUARY 2020
Stock Price** Target Potential upside # Reliance Industries 1,386 1,850 33.5% BUY Colgate-Palmolive (India) 1,351 1,600 18.5% BUY IndusInd Bank 1,263 1,600 26.7% BUY State Bank of India 298 420 40.9% BUY Laurus Labs 431 500 16.1% BUY PNC Infra* 191 251 31.7% BUY **Price - Close price as on 03rd February 2020
#Potential Gain/Loss is difference between Target Price and Price. Potential Gain/Loss % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Securities – Private Client Group, *Kotak Institutional Equities
Click here to read the detailed research report
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JANUARY 2020
Stock Price** Target Potential upside # Mahindra & Mahindra* 532 820 54.1% BUY Vedanta Ltd* 152 180 18.4% BUY State Bank of India* 334 400 19.8% BUY Larsen & Toubro Ltd* 1,298 1,560 20.1% BUY Varroc Engineering* 417 520 24.7% BUY KNR Construction 250 305 22.0% BUY Suven Life Sciences Ltd 307 391 27.4% BUY **Price - Close price as on 31st December 2019
#Potential Gain/Loss is difference between Target Price and Price. Potential Gain/Loss % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Securities – Private Client Group, *Kotak Institutional Equities
Click here to read the detailed research report
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DECEMBER 2019
Stock Price** Target Potential upside # GAIL* 126 175 38.8% BUY FIEM INDUSTRIES LTD 367 549 49.5% BUY ESCORTS LTD* 637 1030 61.6% BUY JYOTHY LABORATORIES LIMITED (JYL) 179 200 11.7% BUY SUN PHARMACEUTICALS LTD* 450 480 6.6% BUY FEDERAL BANK LTD* 89 120 34.83% BUY **Price - Close price as on 30th November 2019
#Potential Gain/Loss is difference between Target Price and Price. Potential Gain/Loss % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Securities – Private Client Group, *Kotak Institutional Equities
Click here to read the detailed research report
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NOVEMBER 2019
Stock Price** Target Potential upside # Cipla Ltd.* 454 570 26% BUY Federal Bank Ltd.* 84 120 43% BUY HDFC Ltd.* 2,115 2,375 12% BUY Petronet LNG Ltd.* 275 320 16% BUY PNC Infratech Ltd. 172 264 53% BUY Power Grid Corp.* 205 235 16% BUY VIP Industries Ltd. 471 555 18% BUY **Price - Close price as on 22nd October 2019
#Potential Gain/Loss is difference between Target Price and Price. Potential Gain/Loss % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Securities – Private Client Group, *Kotak Institutional Equities
Click here to read the detailed research report
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OCTOBER 2019
Stock Price** Target Potential upside # Gujarat Gas Ltd* 175 194 10.9% BUY Himatsingka Seide Ltd 144 212 47.7% BUY PNC Infratech Ltd 191 264 38.3% BUY VIP Industries Ltd 479 555 15.8% BUY Voltamp Transformers Ltd 1145 1622 41.7% BUY **Price - Close price as on 30th September 2019
#Potential Gain/Loss is difference between Target Price and Price. Potential Gain/Loss % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Securities – Private Client Group, *Kotak Institutional Equities
Click here to read the detailed research report
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SEPTEMBER 2019
Stock Price** Target Potential upside # Century Plyboards (I) Ltd. 135 170 26.1% BUY ICICI Bank Ltd.* 410 515 25.7% BUY Orient Cement* 82 112 36.9% BUY Petronet LNG* 267 300 12.4% BUY PNC Infra 179 251 40.5% BUY Vedanta* 139 200 43.7% BUY **Price - Close price as on 31st August 2019
#Potential Gain/Loss is difference between Target Price and Price. Potential Gain/Loss % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Securities – Private Client Group, *Kotak Institutional Equities
Click here to read the detailed research report
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AUGUST 2019
Stock Price** Target Potential upside # ENGINEERS INDIA LTD 100 147 47.3% BUY EQUITAS HOLDINGS LTD/INDIA* 113 180 60.1% BUY ITC LTD* 270 335 24.0% BUY OIL & NATURAL GAS CORP LTD* 139 210 51.5% BUY STATE BANK OF INDIA* 332 410 23.5% BUY WELSPUN CORP LTD 112 171 53.0% BUY **Price - Close price as on 31st July 2019
#Potential Gain/Loss is difference between Target Price and Price. Potential Gain/Loss % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Securities – Private Client Group, *Kotak Institutional Equities
Click here to read the detailed research report
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JULY 2019
Stock Price** Target Potential upside # GAIL (India) Ltd 313 440 40.7% BUY Himatsingka Seide Ltd 164 290 76.5% BUY ICICI Prudential Life Insurance* 391 500 28.0% BUY ITC Ltd* 275 335 21.8% BUY JK Paper Ltd 128 200 56.7% BUY Laurus Labs Ltd* 347 430 23.8% BUY **Price - Close price as on 01st July 2019
#Potential Gain/Loss is difference between Target Price and Price. Potential Gain/Loss % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Securities – Private Client Group, *Kotak Institutional Equities
Click here to read the detailed research report
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JUNE 2019
Stock Price** Target Potential upside # GAIL* 361 455 26.0% BUY Powergrid* 189 235 24.1% BUY SBI* 353 410 16.3% BUY Surya Roshni 252 328 30.0% BUY Welspun Corp 142 171 20.8% BUY Phoenix Mills 651 754 15.8% BUY **Price - Close price as on 31st May 2019
#Potential Gain/Loss is difference between Target Price and Price. Potential Gain/Loss % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Securities – Private Client Group, *Kotak Institutional Equities
Click here to read the detailed research report
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MAY 2019
Stock Price** Target Potential upside # Colgate Palmolive* 1208 1400 15.9% BUY Himatsingka Seide Ltd 213 290 36.1% BUY Larsen & Toubro infotech Ltd* 1717 2000 16.5% BUY Larsen & Toubro Ltd 1349 1565 16.1% BUY Maharashtra Seamless Ltd 475 825 73.6% BUY Mahindra & Mahindra Ltd* 645 1000 55.0% BUY PNC Infratech Ltd 151 192 27.1% BUY **Price - Close price as on 30th April 2019
#Potential Gain/Loss is difference between Target Price and Price. Potential Gain/Loss % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Securities – Private Client Group, *Kotak Institutional Equities
Click here to read the detailed research report
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APRIL 2019
Stock Price** Target Potential upside # Coal India* 236 290 22.7% BUY GAIL (India)* 355 455 28.3% BUY ONGC* 157 215 36.7% BUY SBI* 321 370 15.0% BUY Power Grid* 196 235 20.1% BUY EIL 120 153 27.9% BUY Cochin Shipyard* 392 555 41.5% BUY **Price - Close price as on 01st April 2019
#Potential Gain/Loss is difference between Target Price and Price. Potential Gain/Loss % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Securities – Private Client Group, *Kotak Institutional Equities
Click here to read the detailed research report
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MARCH 2019
Stock Price** Target Potential upside # HDFC Life Insurance* 352 435 23.5% BUY LIC Housing Finance Ltd* 476 590 24.1% BUY Bharat Electronics* 83 100 21.2% BUY Aegis Logistics 199 250 25.7% BUY Suven Life Sciences 241 425 76.5% BUY Surya Roshini Ltd 224 330 47.4% BUY **Price - Close price as on 28th February 2019
#Potential Gain/Loss is difference between Target Price and Price. Potential Gain/Loss % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Securities – Private Client Group, *Kotak Institutional Equities
Click here to read the detailed research report
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FEBRUARY 2019
Stock Price** Target Potential upside # ITC Ltd.* 281 325 15.7% BUY ICICI Bank* 355 430 21.2% BUY L&T Infotech* 1769 2000 13.1% BUY Supreme Industries 1010 1165 15.3% BUY NCC 79 135 70.2% BUY Dishman Carbogen 204 450 120.5% BUY *Price - Closing Price as on 1st Feb 2019
#Potential Gain/Loss is difference between Target Price and Price. Potential Gain/Loss % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Securities – Private Client Group, *Kotak Institutional Equities
Click here to read the detailed research report
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JANUARY 2019
Stock Price** Target Potential upside # State Bank Of India* 300 380 26.8% BUY Cholamandalam Investment & Finance Co Ltd* 1253 1425 13.7% BUY Tech Mahindra Ltd* 719 865 20.3% BUY Petronet LNG Limited* 229 280 22.3% BUY Power Grid Corporation of India Limited* 200 250 25.0% BUY Finolex Industries Ltd 549 642 16.9% BUY Maharashtra Seamless Limited 489 805 64.5% BUY JK Paper Limited 156 200 28.5% BUY Mold-Tek Packaging (MTPL) 270 320 18.5% BUY *Price - Closing Price as on 31st December 2018
#Potential Gain/Loss is difference between Target Price and Price. Potential Gain/Loss % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Securities – Private Client Group, *Kotak Institutional Equities
Click here to read the detailed research report
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DECEMBER 2018
Stock Price** Target Potential Gain/Loss# Buy/Sell Recommendations Cochin Shipyard Ltd. (COCHINSHIP) 375 520 38.7% BUY Mangalore Refinery & Petrochemicals Ltd. (MRPL) 74 100 35.1% BUY State Bank of India (SBIN) 285 380 33.3% BUY Apollo Tyres Ltd (APOLLOTYRE) 239 315 31.8% BUY Coal India Ltd. (COALINDIA) 244 320 31.1% BUY Supreme Industries Ltd. (SUPREMEIND) 994 1,205 21.2% BUY Mold-Tek Packaging (MOLDTKPAC) 270 320 18.5% BUY *Price - Closing Price as on 30th November 2018
#Potential Gain/Loss is difference between Target Price and Price. Potential Gain/Loss % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Securities – Private Client Group
Click here to read the detailed research report
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DIWALI 2018
Stock Price** Target Potential Gain/Loss# Buy/Sell Recommendations Maruti Suzuki* 7,135 8200 14.9% BUY Vedanta Limited* 226 330 45.4% BUY ITC Limited* 283 330 16.2% BUY ICICI Prudential* 352 475 35.3% BUY Supreme Industries 996 1205 21.1% BUY Jubilant Foodworks* 1,080 1370 26.5% BUY Quess Corp 752 1072 42.9% BUY *Price - Closing Price as on 02nd November 2018
#Potential Gain/Loss is difference between Target Price and Price. Potential Gain/Loss % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Securities – Private Client Group, *Kotak Institutional Equities
Click here to read the detailed research report
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OCTOBER 2018
Stock Price** Target Potential Gain/Loss# Buy/Sell Recommendations Aurobindo Pharma Ltd 744 830 11.5% Accumulate Laurus Lab Ltd 433 500 15.6% BUY Tech Mahindra Ltd 746 793 6.4% Accumulate Cyient Ltd 745 810 8.7% BUY Persistent Systems Ltd 788 1,025 30.0% BUY Maruti Suzuki India Ltd. 7,348 10,360 41.0% Accumulate ITC Ltd 297 330 11.2% BUY Arvind Ltd 318 500 57.3% BUY The Phoenix Mills Ltd 561 707 26.0% BUY Amber Enterprises Ltd 925 1,145 23.8% BUY *Price - Closing Price as on 28th September 2018
#Potential Gain/Loss is difference between Target Price and Price. Potential Gain/Loss % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Securities – Private Client Group
Click here to read the detailed research report
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SEPTEMBER 2018
Stock Price** Target Potential Gain/Loss# Buy/Sell Recommendations Adani Port & Special Economic Zone 383.00 485 26.6% BUY Amber Enterprises Ltd. 984.00 1,145 16.4% BUY Arvind Ltd. 399.00 500 25.3% BUY CESC Ltd. 996.00 1,180 18.5% BUY ICICI Prudential Life Insurance 375.00 500 33.3% BUY Maruti Suzuki India Ltd. 9,097.00 10,360 13.9% Accumulate Persistent Systems Ltd. 828.00 1,025 23.8% BUY Petronet LNG Ltd. 248.00 267 7.7% BUY Talbros Automotive Components Ltd. 294.00 396 34.7% BUY Vedanta Ltd. 228.00 370 62.3% BUY *Price - Close price as on 31st Aug
#Potential Gain/Loss is difference between Target Price and Price. Potential Gain/Loss % = (Target Price – Price)/(Price) * 100
Recommendation issued by Kotak Securities – Private Client Group
Click here to read the detailed research report