Goldman Sachs Picks Four Indian Stocks with Up to 35% Upside Potential

Goldman Sachs has identified several stocks that have significant upside potential, according to recent recommendations. These include ICICI Bank Ltd., S J S Enterprises Ltd., Hyundai Motor India Ltd., and Syngene International Ltd.

The bank's analysts are bullish on companies with improving earnings outlooks and fundamentals, along with growth potential. They maintain a Buy rating on these stocks and have set target prices.

ICICI Bank is one of the largest private banks in India, providing retail banking, corporate banking, and business banking services. Goldman Sachs expects its lending to continue being robust, driven by high demand from MSMEs and growing traction in secured and unsecured retail lending.

S J S Enterprises Ltd. is engaged in manufacturing decorative and functional parts for the automotive and consumer durable goods industries. The company's printing capacity is seen as a significant advantage, allowing it to leverage its expertise in newer product lines.