Diwali Dhamaka stocks for portfolio: 10 shares with up to 34% upside potential ICICI Direct is bullish on

Markets are currently navigating a phase of heightened volatility, with the Nifty and broader market indices witnessing a meaningful correction from their recent highs. The weakness is less a reflection of any fundamental deterioration in the domestic earnings cycle and more a consequence of a confluence of external pressures. Here are 10 stocks ICICI Direct is betting on this festive season.

2/11

Venus Pipes and Tubes

Venus Pipes and Tubes has a buying range of Rs 1,660-1,800, against a current market price (CMP) of Rs 1,750. The stock has a target price of Rs 2,340, indicating a potential upside of 34%.

3/11

Kotak Mahindra Bank has a recommended buying range of Rs 445-465, compared with its CMP of Rs 460. The target price is Rs 540, implying a potential upside of 17%.

Agencies

4/11

Zydus Lifesciences

Zydus Lifesciences has a buying range of Rs 1,200-1,265, with the stock currently trading at Rs 1,240. Its target price of Rs 1,480 indicates a potential upside of 19%.

5/11

Info Edge

Info Edge has a buying range of Rs 1,140-1,205, against a CMP of Rs 1,192. The target price stands at Rs 1,530, suggesting a potential upside of 28%.

ETMarkets.com

6/11

Adani Ports and SEZ

Adani Ports and SEZ has a recommended buying range of Rs 1,785-1,865, while its CMP is Rs 1,850. The target price of Rs 2,210 points to a potential upside of 19%.

ANI

7/11

Apollo Micro Systems

Apollo Micro Systems has a buying range of Rs 380-415, compared with its CMP of Rs 400. The stock carries a target price of Rs 485, indicating a potential upside of 21%.

ETMarkets.com

8/11

Neogen Chemicals

Neogen Chemicals has a recommended buying range of Rs 2,020-2,160, against a CMP of Rs 2,100. Its target price of Rs 2,765 implies a potential upside of 32%.

ETMarkets.com

9/11

Indian Hotels

Indian Hotels has a buying range of Rs 790-840, with its CMP at Rs 825. The target price of Rs 990 indicates a potential upside of 20%.

Agencies

10/11

Saregama India

Saregama India has a recommended buying range of Rs 520-560, compared with its CMP of Rs 545. The stock has a target price of Rs 650, suggesting a potential upside of 19%.

Agencies

11/11

Ethos

Ethos has a buying range of Rs 2,470-2,650, while its CMP stands at Rs 2,585. Its target price of Rs 3,180 indicates a potential upside of 23%.