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Top stock picks at Kotak Securities backed by our expert Research team

StockPrice**TargetPotential Upside/Downside # Research Report
BPCL47255016.6%
Century Plyboards40344510.4%
InterGlobe Aviation1,9042,25018.2%
L&T Ltd1,6721,92014.8%
National Aluminium Co9110010.2%
SBI Life Insurance1192142519.6%

**Price - Close price as on 31st August 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 Research & Kotak Securities – PCG

to read the detailed research report


Top stocks recommended by our in-house experts:

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  • AUGUST 2021
    StockPrice**TargetPotential Upside/Downside # Research Report
    Bajaj Auto3,8304,65021.4%
    Cipla9201,04013.0%
    HDFC Bank1,4261,65015.7%
    ITC20527534.1%
    Reliance Industries2,0352,26011.0%
    SAIL14217019.7%

    **Price - Close price as on 30th July 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

    to read the detailed research report

  • JULY 2021
    StockPrice**TargetPotential Upside/Downside # Research Report
    HCL Technologies9841,0809.8%
    ICICI Bank63171012.5%
    LIC Housing Finance47060027.7%
    NCC8710520.7%
    SAIL13117029.8%
    Sun Pharmaceuticals67574010.0%

    **Price - Close price as on 30th June 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

    to read the detailed research report

  • JUNE 2021
    StockPrice**TargetPotential Upside/Downside # Research Report
    BPCL47255016.5%
    HDFC2,5533,05019.5%
    Hindalco Industries39450026.8%
    L&T Ltd1,4681,85026.0%
    InterGlobe Aviation1,7592,10019.4%
    Mahindra & Mahindra80897520.7%

    **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

    to read the detailed research report

  • MAY 2021
    StockPrice**TargetPotential Upside/Downside # Research Report
    Escorts1,1191,70052.0%
    GAIL (India)13717023.9%
    ICICI Bank60071018.3%
    ICICI Prudential Life52266026.4%
    Tech Mahindra9601,15019.7%
    United Spirits52068030.9%

    **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

    to read the detailed research report

  • APRIL 2021
    StockPrice**TargetPotential Upside/Downside # Research Report
    Bajaj Auto3,6804,44019.6%
    SIS39046017.9%
    Narayana Hrudayalaya41154031.4%
    IOCL9211525.3%
    Lupin1,0201,18015.7%
    Bharti Airtel51771037.4%
    KNR Construction21324012.7%

    **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

    to read the detailed research report

  • MARCH 2021
    StockPrice**TargetPotential Upside/Downside # Research Report
    Bajaj Consumer Care24330023.5%
    Cipla Limited78795020.7%
    DCB Bank11615029.3%
    Escorts1,3111,70029.7%
    ITC20426529.9%
    L&T Ltd1,4431,72019.2%
    Petronet LNG25530017.7%

    **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

    to read the detailed research report

  • FEBRUARY 2021
    StockPrice**TargetPotential Upside/Downside # Research Report
    Tata Steel63680025.8%
    Hindustan Zinc28933515.9%
    United Spirits57368018.8%
    DCB Bank10815038.9%
    Shriram City Union Fin1,1521,50030.2%
    SBI Life Insurance875125042.8%
    Kalpataru Power32347547.0%

    **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

    to read the detailed research report

  • JANUARY 2021
    StockPrice**TargetPotential Upside/Downside # 
    Bajaj Auto3,4483,90013.1%
    Bharti Airtel51671037.6%
    Britannia Industries3,5844,05013.0%
    Hindustan Zinc23929523.4%
    ICICI Bank52960013.4%
    Infosys1,2471,40012.3%
    Kalpataru Power31847549.3%
    Petronet LNG24730021.5%
    State Bank of India27734022.7%
    SBI Life Insurance9031,15027.9%

    **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

    to read the detailed research report

  • DECEMBER 2020
    StockPrice**TargetPotential Upside/Downside # 
    HPCL21226022.6%
    Tech Mahindra9071,02012.5%
    PNC Infratech*17521020.0%
    Sobha31740026.2%
    CESC59280035.1%
    HUL2,1332,50017.2%
    Guj Pipavav9512026.3%

    **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

    to read the detailed research report

  • NOVEMBER 2020
    StockPrice**TargetPotential Upside/Downside # 
    Axis Bank52560014.3%
    Bajaj Auto2927390033.2%
    L&T940130038.3%
    Ambuja Cements26430013.5%
    ITC17026053.1%
    Bajaj Finserv5812800037.6%
    SBI Life Insurance791110039.1%
    Infosys1094140028%
    Hindustan Zinc21429537.9%
    Bharti Airtel45371056.7%

    **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

    to read the detailed research report

  • OCTOBER 2020
    StockPrice**TargetPotential Upside/Downside # 
    ICICI Bank35547032%
    Kalpataru Power24547092%
    L&T902121034%
    Berger Paints581430-26%
    Tata Power537032%
    HCG12015025%
    Mindtree1339980-27%
    Castrol India10916551%
    Adani Ports and SEZ34140017%

    **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

    to read the detailed research report

  • SEPTEMBER 2020
    StockPrice**TargetPotential Upside/Downside # 
    JSPL21827023.9%
    Bharti Airtel54771029.8%
    GAIL9614045.2%
    JK Lakshmi26334029.3%
    PGCIL18022022.2%
    DCB Bank8915068.5%
    Avenue Supermarts2,2411,480-34.0%
    ICICI Lombard1,251950-24.1%

    **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

    to read the detailed research report

  • AUGUST 2020
    StockPrice**TargetPotential Upside/Downside # 
    Axis Bank43260038.9%
    Hindalco Industries16322538.0%
    ITC19426033.9%
    Larsen & Toubro9131,21032.5%
    Mindtree1,083890-17.9%
    Petronet LNG24830021.0%
    PNC Infratech*13318538.7%
    Voltas598440-26.5%

    **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

    to read the detailed research report

  • JULY 2020
    StockPrice**TargetPotential Upside/Downside # 
    Jindal Steel and Power15320031%
    Gujarat Pipavav Port7610640%
    Bharti Airtel56769022%
    Federal Bank528055%
    Kalpataru Power213470120%
    TCS2,1021,705(19)%
    Godrej Properties843610(28)%
    Berger Paints502410(18)%
    TVS Motor378220(42)%

    **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

    to read the detailed research report

  • JUNE 2020
    StockPrice**TargetPotential Upside/Downside # 
    M&M43662543.3%
    GAIL9215063.0%
    Hindalco13922561.9%
    L&T9321,22030.9%
    PNC Infratech*10617565.1%
    Dr Lal Pathlabs1,5311,180-22.9%
    Indraprastha Gas472380-19.5%
    Avenue Supermart2,2671,480-34.7%

    **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

    to read the detailed research report

  • MAY 2020
    StockPrice**TargetPotential upside #  
    Apollo Hospitals1,3961,82030.4%
    Finolex Industries40251427.9%
    ICICI Bank38049028.9%
    ITC18125540.9%
    L&T8971,27041.6%
    Mahanagar Gas9661,30034.6%
    Marico28835021.5%

    **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

    to read the detailed research report

  • APRIL 2020
    StockPrice**TargetPotential upside #  
    ICICI Bank32461590%
    Bajaj Finserv4,59110,200122%
    HDFC1,6332,20035%
    HDFC Life Insurance44159034%
    Colgate-Palmolive (India)1,2531,60028%
    ITC17230075%
    Titan Company9341,26035%
    Cipla42357035%
    Reliance Industries1,1141,70053%
    Bharti Airtel44160036%

    **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

    to read the detailed research report

  • MARCH 2020
    StockPrice**TargetPotential upside #  
    HDFC Ltd^,*2,1762,68023.2%
    ICICI Bank^,*49761523.7%
    Bharti Airtel*52460014.5%
    Mahanagar Gas*1,0051,30029.4%
    Quess Corp51469034.2%
    Engineers India7012375.7%

    **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

    to read the detailed research report

  • FEBRUARY 2020
    StockPrice**TargetPotential upside #  
    Reliance Industries1,3861,85033.5%
    Colgate-Palmolive (India)1,3511,60018.5%
    IndusInd Bank1,2631,60026.7%
    State Bank of India29842040.9%
    Laurus Labs43150016.1%
    PNC Infra*19125131.7%

    **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

    to read the detailed research report

  • JANUARY 2020
    StockPrice**TargetPotential upside #  
    Mahindra & Mahindra*53282054.1%
    Vedanta Ltd*15218018.4%
    State Bank of India*33440019.8%
    Larsen & Toubro Ltd*1,2981,56020.1%
    Varroc Engineering*41752024.7%
    KNR Construction25030522.0%
    Suven Life Sciences Ltd30739127.4%

    **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

    to read the detailed research report

  • DECEMBER 2019
    StockPrice**TargetPotential upside #  
    GAIL*12617538.8%
    FIEM INDUSTRIES LTD36754949.5%
    ESCORTS LTD*637103061.6%
    JYOTHY LABORATORIES LIMITED (JYL)17920011.7%
    SUN PHARMACEUTICALS LTD*4504806.6%
    FEDERAL BANK LTD*8912034.83%

    **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

    to read the detailed research report

  • NOVEMBER 2019
    StockPrice**TargetPotential upside #  
    Cipla Ltd.*45457026%
    Federal Bank Ltd.*8412043%
    HDFC Ltd.*2,1152,37512%
    Petronet LNG Ltd.*27532016%
    PNC Infratech Ltd.17226453%
    Power Grid Corp.*20523516%
    VIP Industries Ltd.47155518%

    **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

    to read the detailed research report

  • OCTOBER 2019
    StockPrice**TargetPotential upside #  
    Gujarat Gas Ltd*17519410.9%
    Himatsingka Seide Ltd14421247.7%
    PNC Infratech Ltd19126438.3%
    VIP Industries Ltd47955515.8%
    Voltamp Transformers Ltd1145162241.7%

    **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

    to read the detailed research report

  • SEPTEMBER 2019
    StockPrice**TargetPotential upside #  
    Century Plyboards (I) Ltd.13517026.1%
    ICICI Bank Ltd.*41051525.7%
    Orient Cement*8211236.9%
    Petronet LNG*26730012.4%
    PNC Infra17925140.5%
    Vedanta*13920043.7%

    **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

    to read the detailed research report

  • AUGUST 2019
    StockPrice**TargetPotential upside #  
    ENGINEERS INDIA LTD10014747.3%
    EQUITAS HOLDINGS LTD/INDIA*11318060.1%
    ITC LTD*27033524.0%
    OIL & NATURAL GAS CORP LTD*13921051.5%
    STATE BANK OF INDIA*33241023.5%
    WELSPUN CORP LTD11217153.0%

    **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

    to read the detailed research report

  • JULY 2019
    StockPrice**TargetPotential upside #  
    GAIL (India) Ltd31344040.7%
    Himatsingka Seide Ltd16429076.5%
    ICICI Prudential Life Insurance*39150028.0%
    ITC Ltd*27533521.8%
    JK Paper Ltd12820056.7%
    Laurus Labs Ltd*34743023.8%

    **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

    to read the detailed research report

  • JUNE 2019
    StockPrice**TargetPotential upside #  
    GAIL*36145526.0%
    Powergrid*18923524.1%
    SBI*35341016.3%
    Surya Roshni25232830.0%
    Welspun Corp14217120.8%
    Phoenix Mills65175415.8%

    **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

    to read the detailed research report

  • MAY 2019
    StockPrice**TargetPotential upside #  
    Colgate Palmolive*1208140015.9%
    Himatsingka Seide Ltd21329036.1%
    Larsen & Toubro infotech Ltd*1717200016.5%
    Larsen & Toubro Ltd1349156516.1%
    Maharashtra Seamless Ltd47582573.6%
    Mahindra & Mahindra Ltd*645100055.0%
    PNC Infratech Ltd15119227.1%

    **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

    to read the detailed research report

  • APRIL 2019
    StockPrice**TargetPotential upside #  
    Coal India*23629022.7%
    GAIL (India)*35545528.3%
    ONGC*15721536.7%
    SBI*32137015.0%
    Power Grid*19623520.1%
    EIL12015327.9%
    Cochin Shipyard*39255541.5%

    **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

    to read the detailed research report

  • MARCH 2019
    StockPrice**TargetPotential upside #  
    HDFC Life Insurance*35243523.5%
    LIC Housing Finance Ltd*47659024.1%
    Bharat Electronics*8310021.2%
    Aegis Logistics19925025.7%
    Suven Life Sciences24142576.5%
    Surya Roshini Ltd22433047.4%

    **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

    to read the detailed research report

  • FEBRUARY 2019
    StockPrice**TargetPotential upside #  
    ITC Ltd.*28132515.7%
    ICICI Bank*35543021.2%
    L&T Infotech*1769200013.1%
    Supreme Industries1010116515.3%
    NCC7913570.2%
    Dishman Carbogen204450120.5%

    *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

    to read the detailed research report

  • JANUARY 2019
    StockPrice**TargetPotential upside #  
    State Bank Of India*30038026.8%
    Cholamandalam Investment & Finance Co Ltd*1253142513.7%
    Tech Mahindra Ltd*71986520.3%
    Petronet LNG Limited*22928022.3%
    Power Grid Corporation of India Limited*20025025.0%
    Finolex Industries Ltd54964216.9%
    Maharashtra Seamless Limited48980564.5%
    JK Paper Limited15620028.5%
    Mold-Tek Packaging (MTPL)27032018.5%

    *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

    to read the detailed research report

  • DECEMBER 2018
    StockPrice**TargetPotential Gain/Loss#Buy/Sell Recommendations
    Cochin Shipyard Ltd. (COCHINSHIP)37552038.7%
    Mangalore Refinery & Petrochemicals Ltd. (MRPL)7410035.1%
    State Bank of India (SBIN)28538033.3%
    Apollo Tyres Ltd (APOLLOTYRE)23931531.8%
    Coal India Ltd. (COALINDIA)24432031.1%
    Supreme Industries Ltd. (SUPREMEIND)9941,20521.2%
    Mold-Tek Packaging (MOLDTKPAC)27032018.5%

    *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

    to read the detailed research report

  • DIWALI 2018
    StockPrice**TargetPotential Gain/Loss#Buy/Sell Recommendations
    Maruti Suzuki*7,135820014.9%
    Vedanta Limited*22633045.4%
    ITC Limited*28333016.2%
    ICICI Prudential*35247535.3%
    Supreme Industries996120521.1%
    Jubilant Foodworks*1,080137026.5%
    Quess Corp752107242.9%

    *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

    to read the detailed research report

  • OCTOBER 2018
    StockPrice**TargetPotential Gain/Loss#Buy/Sell Recommendations
    Aurobindo Pharma Ltd74483011.5%
    Laurus Lab Ltd43350015.6%
    Tech Mahindra Ltd7467936.4%
    Cyient Ltd7458108.7%
    Persistent Systems Ltd7881,02530.0%
    Maruti Suzuki India Ltd.7,34810,36041.0%
    ITC Ltd29733011.2%
    Arvind Ltd31850057.3%
    The Phoenix Mills Ltd56170726.0%
    Amber Enterprises Ltd9251,14523.8%

    *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

    to read the detailed research report

  • SEPTEMBER 2018
    StockPrice**TargetPotential Gain/Loss#Buy/Sell Recommendations
    Adani Port & Special Economic Zone383.0048526.6%
    Amber Enterprises Ltd.984.001,14516.4%
    Arvind Ltd.399.0050025.3%
    CESC Ltd.996.001,18018.5%
    ICICI Prudential Life Insurance375.0050033.3%
    Maruti Suzuki India Ltd.9,097.0010,36013.9%
    Persistent Systems Ltd.828.001,02523.8%
    Petronet LNG Ltd.248.002677.7%
    Talbros Automotive Components Ltd.294.0039634.7%
    Vedanta Ltd.228.0037062.3%

    *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

    to read the detailed research report