Brokerage firm Motilal Oswal is bullish on ONGC, ICICI Bank, Alkem Laboratories, KNR Constructions and JK Cement on the back of strong fundamentals. The brokerage believes these stocks can see an upside of up to 20 percent in a time frame of one year. Here's the list:
ONGC | Buy | TP: Rs 150 | Upside: 20 percent
ICICI Bank | Buy | TP: Rs 750 | Upside: 17 percent
Alkem Laboratories | Buy | TP: Rs 3,730 | Upside: 18 percent
KNR Constructions | Buy | TP: Rs 265 | Upside: 17percent
JK Cement | Buy | TP: Rs 3,360 | Upside: 17 percent