Q2 winners: Hero MotoCorp, Marico, 8 smallcaps enter Nuvama’s buy list; offer up to 56% upside

Nuvama Institutional Equities has rolled out a fresh set of fundamental ideas across sectors after companies delivered strong Q2 earnings beats. The brokerage has upgraded targets and reinforced ‘Buy’ calls on 10 stocks, citing robust demand trends, margin expansion, and healthy order books. In this 2 are midcaps while the rest are smallcap picks with 7–44% upside potential. Take a look! Fresh upgrades