Amid a volatile 2026 marked by persistent FII selling, inflation concerns amid West Asia crisis, InCred Equities sees selective opportunities emerging within the large cap space. In a recent report, the brokerage has shortlisted 10 blue-chip stocks across multiple sectors that it believes offer attractive value and the potential to deliver returns of up to 49% return. Here’s the full list.
HDFC Bank
InCred Equities has a target price of Rs 1,160 on HDFC Bank, implying an upside of 42% from its current market price of Rs 818.
Tata Consultancy Services (TCS)
InCred Equities has assigned a target price of Rs 3,052 to TCS, indicating a potential upside of 48.9% over its current market price of Rs 2,050.
Bajaj Finance
Bajaj Finance has a target price of Rs 1,250, suggesting an upside of 25% from its current market price of Rs 1,004, according to InCred Equities.
Hindustan Unilever (HUL)
InCred Equities has set a target price of Rs 2,790 for Hindustan Unilever, implying a potential upside of 30% from its current market price of Rs 2,145.
Maruti Suzuki
Maruti Suzuki has a target price of Rs 15,280, which translates into an upside of 11% over its current market price of Rs 13,728.
Axis Bank
InCred Equities has a target price of Rs 1,580 on Axis Bank, indicating a potential upside of 22% from the current market price of Rs 1,298.
UltraTech Cement
UltraTech Cement has a target price of Rs 14,215, implying an upside of 23% from its current market price of Rs 11,524, according to InCred Equities.
Tata Steel
InCred Equities has assigned a target price of Rs 224 to Tata Steel, suggesting a potential upside of 19% over the current market price of Rs 188.
Tata Motors
Tata Motors has a target price of Rs 496, indicating an upside of 18% from its current market price of Rs 420, as per InCred Equities.
Eicher Motors
InCred Equities has a target price of Rs 8,634 for Eicher Motors, implying a potential upside of 17% from its current market price of Rs 7,361.
