The brokerage house Motilal Oswal has released its latest report highlighting three stocks that it believes have strong upside potential. These include Larsen & Toubro (L&T) , Coal India, and Varun Beverages.

As per the brokerage report, these companies from various sectors show strong growth prospects, with a possible upside of up to 17% from current levels.

Let’s take a look at what is driving the brokerage’s optimism in each of these stocks –

Motilal Oswal of Larsen and Toubro (L&T)

Motilal Oswal has maintained a ‘Buy’ call on L&T. The brokerage has set a target price of Rs 4,500, implying nearly 14% upside from the current market price. They see the Hyderabad Metro stake divetsment as a key positive.

According to the brokerage report, L&T’s EBITDA , a measure of operating

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