While it might surprise many, the fact is that the majority of sales in the auto industry are financed through an auto loan. That is the reason why in the second half of 2018 when the NBFC crisis happened, one of the biggest hits was taken by the auto industry and hence auto ancillary. Now things are coming back to normal as companies have made adjustments for many other headwinds.We take a look at companies where analysts are projecting further upside in the next 12 months. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.
Motilal Oswal initiates coverage on Adani Enterprises with Buy, sees 25% upside. Here’s why
Motilal Oswal has initiated coverage on Adani Enterprises with a Buy rating and a target price of Rs 3,880, implying 25% upside from the prevailing
August 27, 2026