InCred Equities has identified six midcap stock picks across various sectors, citing attractive valuations despite market volatility. According to reports from ET Now, the brokerage sees upside potential of up to 54 per cent for these selective opportunities. The recommendations come amid a volatile 2026 marked by persistent foreign institutional investor (FII) selling and inflation concerns stemming from the West Asia crisis.
Container Corporation of India (CONCOR) emerges as the standout recommendation with a target price of ₹705, indicating a potential upside of 54 per cent from its current market price of ₹457. As reported by ET Now, this represents the highest upside potential among the six selected stocks. The brokerage's confidence in CONCOR reflects its strong fundamentals and growth prospects in the logistics sector.
Other notable recommendations include APAR Industries with a target price of ₹17,350 (23% upside potential) from current market price of ₹14,070. Tenneco Clean Air India is assigned a target of ₹686 (17% upside) from ₹584, while Home First Finance Company India carries a target of ₹1,450 (21% upside) from ₹1,202. Diamond Power Infrastructure has a target of ₹300 (25% upside) from ₹239, and Aavas Financiers is assigned a target of ₹1,650 (9.6% upside) from ₹1,505.
The recommendations come as the Indian equity benchmark indices recorded strong gains on Friday, July 10, with the Sensex ending 1% higher at 77,569.39 and the Nifty closing at 24,206.90. According to ET Now, the rally was driven by gains in information technology, financial, and realty stocks, along with positive global cues. The BSE Sensex surged 827.57 points (1.08%) during the session, while the NSE Nifty gained 244.10 points (1.02%).
