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Nuvama lists 8 buy stocks with up to 70% upside

Nuvama has recommended eight stocks, citing up to 70 percent upside backed by earnings visibility and sector tailwinds.
Nuvama Institutional Equities has recommended eight stocks with upside potential of up to 70 percent, citing earnings visibility, sector tailwinds, and improving balance sheets. The brokerage prefers names across banking, capital goods, infrastructure, and consumption themes. It highlighted strong order books, margin expansion, and valuation comfort as key triggers, while advising investors to track risks, rate movements, and execution performance over the next twelve months.

