1. ASHOKA BUILDCON LTD:

About the company: Ashoka Buildcon Limited, a Fortune India 500 company, is one of the leading highway developers in India. The company is an integrated EPC, BOT & HAM player. It has a portfolio of 41 PPP projects, which is the largest in number by any private player in India. Besides construction of highways and bridges the company is also engaged in Construction of Buildings (EPC), Power, Railways & City Gas Distribution. Ashoka has worked in over 22 states across the country, and has completed prestigious projects for Central as well as State Governments. Overseas, it has completed projects in the Republic of Maldives.

Expert's take: 
Ashoka Buildcon has an average target of 115.17. The consensus estimate represents an upside of 28.75%. 

2. L&T FINANCE HOLDINGS LTD:

About the company: L&T Finance Holdings Ltd. (LTFH) is a financial holding company offering a focused range of financial products and services across rural, housing and wholesale finance sectors, as well as mutual fund products and wealth management services, through its wholly-owned subsidiaries, viz., L&T Finance Ltd., L&T Housing Finance Ltd., L&T Infrastructure Finance Company Ltd., L&T Investment Management Ltd.

Expert's take:
L&T Finance Holdings Ltd. has an average target of 100.43. The consensus estimate represents an upside of 18.50%

3. STEEL AUTHORITY OF INDIA LTD:

About the company: Steel Authority of India Ltd (SAIL) is the leading steel-making company in India. The company is a fully integrated iron and steel maker, producing both basic and special steel for domestic construction, engineering, power, railway, automotive, and defense industries and sale in export markets. They are also among the seven Maharatnas of the country's Central Public Sector Enterprises.

Expert's take: 
Steel Authority of India has an average target of 103.56. The consensus estimate represents an upside of 23.21%.

4. FEDERAL BANK LTD:

About the company: Federal Bank Limited is one of the major Indian commercial banks in the private sector, headquartered in Aluva, Kerala. The Bank operates in four segments: treasury operations, wholesale banking, retail banking, and other banking operations.

Expert's take:
Federal Bank has an average target of 121.25. The consensus estimate represents an upside of 0.41%.

5. NLC INDIA LTD:

About the company: NLC India Limited, formerly Neyveli Lignite Corporation Limited (NLC), is a government-owned fossil fuel miner and thermal power generator under the ownership of the Ministry of Coal, Government of India. It annually produces about 30 million tonnes of Lignite from opencast mines at Neyveli in the state of Tamil Nadu in southern India and Barsingsar in the Bikaner district of Rajasthan state. also a 1200 MW captive thermal power plant adjacent to the Smelter plant to meet the power requirement of the Smelter.

Expert's take:
NLC India has an average target of 104. The consensus estimate represents an upside of 36.48%.