Current Price: ₹360.80Target Price: ₹495Implied gains in the next one year: 27%According to Axis Securities, the recent price correction offers another attractive entry point into the stock. It believes ICICI Bank offers the best risk-reward among our bank coverage given a healthy, sustainable earnings outlook.Current Price: ₹161Target Price: ₹173Implied gains in the next one year: 7%Manappuram Finance can sustain its performance in a critical business environment which has been tough for most non-bank financial institutions due to its well-matched ALM profile, strong liquidity, cost controls, stable asset quality and tailwind from high gold prices, according to Axis.Current Price: ₹700Target Price: ₹804Implied gains in the next one year: 13%Despite the lockdown effect on Varun Beverages Q1 earnings, VBL has multiple long term growth drivers such as lower product ticket size to aid quicker recovery in volumes compared to other discretionary items. Axis also believes that the highly underpenetrated soft drinks, juices category in rural areas and its working capital efficiency shall aid VBL in sailing through the current challenging conditions.Current Price: ₹240.70Target Price: ₹267Implied gains in the next one year: 9.8%CCL Products is well placed to capture the growing In-home consumption of instant coffee driven by its expertise in customized blends and cost-efficient business models. It is the largest manufacturer and exporter of instant coffee in India with steadily improving the branded retail business.Current Price: ₹288Target Price: ₹318Implied gains in the next one year: 9.4%Axis securities maintain a bullish outlook on MNDA’s ability to comprehensively beat industry performance by leveraging the broader vehicular trends of industry like EV, premiumization, automation. Its strategic inorganic acquisition will enhance product offering and gain market share. Its deep-rooted relationship with OEM’s will also increase its kit value, according to Axis Securities analysts. Current Price: ₹206.85Target Price: ₹230Implied gains in the next one year: 10%ITC’s healthy cash balance of ₹300 billion would enable it to sail through challenging times posed by COVID-19 outbreak. Post-COVID, the progressive normalization of operations across segments, share gain possibilities in the core cigarette business, quicker recovery in FMCG sales given increased in-home consumption and consumers’ preference towards trusted brands could support a quicker recovery in earnings.Current Price: ₹583.10Target Price: ₹650Implied gains in the next one year: 10.2%Regulatory challenges are well known, and Bharti Airtel is well-capitalized to deal with the payouts as it has raised enough capital (₹450 billion equity in FY20) and has access to debt as there are no major business solvency risks associated with it, the report cited. Current Price: ₹397.20Target Price: ₹474Implied gains in the next one year: 16.2%The Biocon’s contract research segment (Syngene) is expected to post revenue growth in low teens while the branded formulations business is expected to grow at low single-digit driven by additional capacity and entry into newer markets. It has also received the USFDA’s approval for its Insulin Glargine (Semglee) which paves the way for the launch in the US market currently controlled by Eli Lily and Sanofi.Current Price: ₹943Target Price: ₹1088Implied gains in the next one year: 13.3%According to analysts, MindTree’s Management initiated strong cost control measures like reducing the subcontractors, better service mix and higher execution will help to gain long term sustainable operating margins. Current Price: ₹578.45Target Price: ₹653Implied gains in the next one year: 11.4%Recent deal trends continue to be healthy for HCL tech and are reflective of traction in retail and Consumer packaged goods, manufacturing and BFSI verticals. HCL Tech has received various digital transformational deals worth more than $2.4bn in the quarter ended December. Axis Securities believes that COVID outbreak will create a huge opportunity across geographies for HCL Tech to post strong organic growth over different verticals.