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ICICI Securities Report
Jubilant FoodWorks, Apollo Hospitals, LG Electronics, Solar Industries, GMR Airports, Page Industries, Travel Food Services, VA Tech Wabag, Indigo Paints, Indiqube Spaces, are among the stocks in focus after ICICI Securities reviewed their June-quarter performance, retaining a constructive stance on healthcare, electronics, paints and food services stocks.
The brokerage has Buy calls on LG Electronics, IndiQube, Indigo Paints, VA Tech Wabag, Travel Food Services and Solar Industries, an Add on Tata Motors PV, Hold ratings on Apollo Hospitals and GMR Airports, and a Reduce call on Page Industries.
Based on the brokerage's cited market prices, IndiQube offers the highest potential upside at 42%, followed by VA Tech Wabag at 28%.
Apollo Hospitals
The brokerage has maintain its Hold rating with a higher target price of Rs 8,500 from Rs 8,100.
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