Brokerages Eye 10 Stocks for Up to 61% Returns: Zomato, HAL, RIL Among Picks

• Brokerage houses recommend 10 stocks across diverse sectors, projecting up to 61% returns despite a sluggish market.
• Jefferies rates Zomato a 'Buy' with a ₹480 target, anticipating 61% upside due to its strong market position in quick commerce.
• Hindustan Aeronautics (HAL) gets a 'Buy' from Anand Rathi (TP ₹5,950) as technical issues are resolved, promising clarity on future orders.
• ICICI Prudential AMC and Aditya Birla Real Estate also receive 'Buy' ratings with significant upside potential.
• Reliance Industries' target price was raised by Morgan Stanley, while Hero MotoCorp was downgraded by Jefferies due to fading demand.

Why It Matters: Brokerages see significant upside in 9 stocks across sectors, but Hero MotoCorp faces a downgrade.