Despite the expected volatility, here are top 10 stocks where analysts initiated coverage with a buy rating in February
Angel remains overweight on discretionary consumption theme with stocks like Safari Industries, Bata, Blue Star and Parag Milk Foods.
It is placing its bet on the luggage maker’s change in product mix from traditional hard luggage to imported soft luggage in a bid to suit customer preferences. It also highlighted the company's diversified product portfolio.
Here is a list of top 10 stocks which can return up to 35 percent in the next 12 months. For simplicity, we have taken stocks which have a market cap of less than Rs 10,000 crore.
Moneycontrol identified stocks where the P/E multiple did not de-rate considerably despite high volatility
VIP Industries and Safari have risen by 72 percent and 50 percent, respectively in the past one year. However, given the secular theme, gains on account of shift from unorganised to organised, these companies are ideal for investors with a longer term investment horizon.