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    Stocks to buy: 5 companies poised for growth in March quarter: Up to 17.2% upside potential

    The robust outlook for domestic economic growth is driving optimism among investors, evident in record highs for the Nifty 50 and BSE Sensex.

    Synopsis

    Given the potential for increased volatility in the upcoming months, investing in companies anticipated to deliver strong performance could be a prudent strategy. These firms are expected to deliver a strong performance and offer a cushion against rising volatility. The following are five such companies offering a double-digit price potential.

    Corporate India is expected to showcase a modest performance in the March 2024 quarter, bolstered by sustained traction in urban markets, slight recovery in rural demand, and stable input prices. Deepak Jasani, Head of Retail Research at HDFC Securities, forecasts, “Expect fourth quarter net sales of Nifty 50 to rise by 6-7% year-on-year, while PAT could rise 7-8%. The broader market may deliver slightly better numbers.”However, geopolitical
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    The Economic Times