Global brokerage firm Jefferies has identified four promising stocks across diverse sectors, projecting gains of up to fifty-four percent. Backed by solid fundamentals, sector tailwinds, and clear growth strategies, these companies stand out for long-term investors.

1. Oil & Natural Gas Corporation (ONGC)

Jefferies has given ONGC its most bullish rating, setting a target price of ₹233.60, which translates to a potential upside of fifty-four percent.

  • Q1 standalone EBITDA reached ₹187 billion, matching estimates.

  • Consolidated EBITDA rose 18% year-on-year, boosted by HPCL’s strong performance.

  • While PAT missed due to lower other income, Jefferies sees future growth from the KG Basin and Mumbai High projects.

  • Stable oil prices and potential sector reforms position ONGC for a valuation re-rating.

2. Indian Hotels Company (IHCL)

IHCL, a leader in the hospitality sector, received a “Buy” call with a ₹960 target price — a twenty-nine percent upside.

  • The Indian hospitality industry is set for sustained expansion, driven by rising travel demand and limited new supply.

  • Jefferies projects 8-9% CAGR in room rates and RevPAR for existing properties.

  • If economic momentum continues, IHCL could touch ₹1,150 per share, offering a fifty-four percent upside potential.

3. Belrise Industries

Belrise Industries, a key auto components manufacturer, is rated “Buy” with a target price of ₹160, implying a nineteen percent upside.

  • Growth drivers include higher two-wheeler demand, premiumisation, expanding four-wheeler business, and export growth.

  • Projected 12% EBITDA and 18% EPS CAGR over FY25-28, supported by debt reduction.

  • Despite recent stock gains, valuations remain attractive compared to peers.

4. Aavas Financiers

Housing finance leader Aavas Financiers retains a “Buy” rating with a revised target price of ₹2,175 — a twenty-seven percent upside.

  • Q1FY26 PAT grew 10% year-on-year to ₹1.4 billion.

  • Short-term slowdown due to recognition policy changes expected to recover in Q2.

  • Spreads increased by 22 basis points quarter-on-quarter, with further improvement likely as rates ease.

  • Long-term EPS CAGR projected at 18% with ROE rising from 14% to 15% by FY28.

Conclusion:
Jefferies’ latest report underlines strong investment opportunities in ONGC, IHCL, Belrise Industries, and Aavas Financiers. Each stock offers robust fundamentals and growth potential for investors seeking value and long-term gains.