Global brokerage firms Citi and Jefferies have recently shared their top stock picks, highlighting three companies with strong growth prospects and potential upside of up to 26 percent. Backed by solid business models, expansion plans, and positive industry trends, these stocks could offer attractive investment opportunities.

With a market capitalization of Rs. 50,732.65 crore, the shares of Hexaware Technologies Limited were currently trading at Rs. 833.35 per equity share, down nearly 0.78 percent from its previous day’s close price of Rs. 839.90. 

Citi, a prominent brokerage firm, has recommended a “Buy” call on Hexaware Technologies Limited with a target price of Rs. 980 per share, indicating an upside potential of 17.60 percent.

Citi has given a positive target for Hexaware Technologies, supported by its strong management team, good client relationships, and a healthy pipeline of deals. The company is also expanding into new markets, which adds to its growth potential. 

Additionally, Citi expects steady growth, stable margins, and good cash flow. Hexaware is performing well compared to peers and closing the revenue gap. If the stock sees any short-term correction, Citi believes it could become an attractive buying opportunity.

Hexaware Technologies Limited’s revenue has increased from Rs. 2,749 crore in Q4 FY24 to Rs. 3,208 crore in Q4 FY25, which has grown by 16.70 percent. The net profit has also grown by 17.20 percent, from Rs. 279 crore in Q4 FY24 to Rs. 327 crore in Q4 FY25.

With a market capitalization of Rs. 291,834.77 crore, the shares of Adani Ports and Special Economic Zone Limited were currently trading at Rs. 1,351 per equity share, down nearly 1.56 percent from its previous day’s close price of Rs. 1,372.35. 

Jefferies, a prominent brokerage firm, has recommended a “Buy” call on Adani Ports and Special Economic Zone Limited with a target price of Rs. 1,700 per share, indicating an upside potential of 25.83 percent.

Adani Ports aims to become one of the world’s largest integrated transport utility companies by 2030. The company plans to maintain a Net Debt/EBITDA ratio of 2.2–2.5x by FY29, indicating potential fund requirements of around Rs. 25,000 crore over FY26–29 for acquisitions and equity initiatives. Its annual report reaffirms a strong strategic focus on expanding presence across Southeast Asia, India, and the Middle East-Africa trade corridor.

Adani Ports and Special Economic Zone Limited’s revenue has increased from Rs. 6,896 crore in Q4 FY24 to Rs. 8,488 crore in Q4 FY25, which has grown by 23.09 percent. The net profit has also grown by 50.02 percent, from Rs. 2,015 crore in Q4 FY24 to Rs. 3,023 crore in Q4 FY25.

With a market capitalization of Rs. 56,164.43 crore, the shares of FSN E-Commerce Ventures Limited were currently trading at Rs. 196.40 per equity share, up nearly 0.03 percent from its previous day’s close price of Rs. 196.35. 

Jefferies, a prominent brokerage firm, has recommended a “Buy” call on FSN E-Commerce Ventures Limited with a target price of Rs. 240 per share, indicating an upside potential of 22.20 percent.

Jefferies remains positive on Nykaa’s outlook following management commentary. The Beauty and Personal Care (BPC) segment presents a strong growth opportunity, and Nykaa aims to outpace overall online industry growth despite already holding market leadership. 

The fashion segment, while niche, is seen as having strong long-term potential. Management is focused on driving growth, with overall margins expected to improve over the medium term. Additionally, the wellness category is set to receive increased strategic attention going forward.

FSN E-Commerce Ventures Limited’s revenue has increased from Rs. 1,668 crore in Q4 FY24 to Rs. 2,062 crore in Q4 FY25, which has grown by 23.62 percent. The net profit has also grown by 111.11 percent, from Rs. 9 crore in Q4 FY24 to Rs. 19 crore in Q4 FY25.