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Stocks to BUY in 2026: “Dhurandar” means powerful, and analysts typically keep an eye on high-conviction stocks poised to deliver over 20 per cent upside. Stocks like PVR INOX, LG Electronics India, Cummins India, Torrent Pharmaceuticals, and Reliance Industries are gaining traction, backed by a strong demand outlook, earnings visibility, and sector-specific tailwinds.
From cinema-driven footfalls to premium consumption and industrial recovery, these Dhurandar picks reflect a mix of growth and valuation comfort.
Here’s a list of stocks to BUY with over 20 per cent returns:
PVR INOX Share Price Target 2026
Elara Capital maintains a ‘BUY‘ on PVR INOX with an unchanged target price of Rs 1300, implying nearly 28 per cent upside from the current level of Rs 1,014.
According to brokerage, Dhurandhar 2 is expected to open strongly, with lifetime box office estimates of Rs 11–13bn. Strong franchise recall and sequel outperformance trends support footfalls. Q4 occupancy is seen at 28 per cent, with FY26 at 26.5 per cent, while premium formats drive ATP and debt reduces meaningfully.
Morgan Stanley retains an ‘Overweight‘ rating on Reliance Industries with a target price of Rs 1803, indicating around 29 per cent upside from the current Rs 1,398.90.
A USD 3bn green ammonia deal with Samsung C&T marks monetisation of new energy investments.
The 15-year agreement aligns with its hydrogen strategy. The new energy business is valued at USD 20bn, with energy earnings expected to grow further, while the stock trades at a 62 per cent discount to peers.
Torrent Pharmaceuticals Share Price Target 2026
Citi maintains ‘BUY‘ on Torrent Pharma, raising the target price to Rs 5,100, suggesting around 20 per cent upside from Rs 4,234.30.
Focus remains on integrating the JB acquisition, targeting Rs 4–4.5bn cost synergies. India business is expected to deliver double-digit growth, while US operations aim for EBITDA positivity and USD 200mn revenue scale. Margins are set to expand, with net debt declining and potential ophthalmic gains boosting profitability.
Cummins India Share Price Target 2026
Motilal Oswal maintains ‘BUY‘ on Cummins with a target price of Rs 5,500, implying nearly 21 per cent upside from Rs 4,560.60.
Powergen demand remains strong, led by data centres, while industrial demand is improving. Distribution growth is supported by a rising installed base. Exports are expected to normalise from 4QFY26. The company is targeting robust CAGR across revenue, EBITDA, and PAT, with margins expected to remain steady at around 21 per cent.
LG Electronics India Share Price Target 2026
Motilal Oswal maintains ‘BUY‘ on LG Electronics with a target price of Rs 1,860, indicating around 19 per cent upside from Rs 1,559.30.
Demand trends remain strong with a positive summer outlook and improving secondary sales. The company plans to double the export mix to around 12 per cent by FY27. Industry tailwinds include premiumisation and low penetration. Revenue, EBITDA, and PAT are expected to grow steadily, with margins expanding to 12.7 per cent by FY28.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
