The brokerage firm, Motilal Oswal has highlighted three stocks in its latest report. As per the analysis by the brokerage house, these counters offer significant upside potential of as much as 29%.

Motilal Oswal expects these companies to see steady growth over the next couple of years, driven by operational efficiency, margin expansion, and sectoral tailwinds.

Let’s take a look at each of the recommended stocks and the rationale behind their buy ratings –

Motilal Oswal on Persistent Systems

The brokerage firm has given a Buy rating to Persistent Systems , setting a target price of Rs 6,550. This translates to an upside potential of 23% from the current market price.

Motilal Oswal also mentioned that they expect Persistent Systems revenue will grow at 19% per year from FY25 to FY2

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