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Brokerage Dazzles with 3 High-Conviction Stock Picks: Huge Gains Ahead?

Brokerage Reports

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Published on 24th November 2025, 10:56 AM

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Author

Abhay Singh | Whalesbook News Team

Overview

Indian brokerage firm JM Financial has identified three high-conviction stocks with significant upside potential. The firm reiterated 'Buy' ratings on Dr Reddy's Laboratories (target Rs 1,522) and Zomato (target Rs 450), citing strong growth drivers. Mahindra & Mahindra maintained its 'Add' rating with a target of Rs 4,032, supported by its robust automotive and farm equipment businesses.