These largecaps have ‘strong buy’ & ‘buy’ recos and upside potential of more than 20%

In the last year, the differential in valuation between, mid and largecap stocks has increased very sharply. This differential is even more striking given the fact it has come even in spaces like private sectors which have been getting premium valuation for decades. If the market remains under the control of bulls there is a probability that over the next few quarters, markets may see a mean reversion. It might happen both ways, midcap witnessing some profit booking and large caps doing relatively well in the corrective phase of the markets. The first indications of that appear to be already in place with some largecap companies from the manufacturing space doing well. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". The screener applies different algorithms for all BSE and NSE stocks.