3 ‘Buy’ recommendations from Jefferies with up to 29% upside

Jefferies reiterated a 'Buy' rating on TVS Motor, Shyam Metalics, and JSW Infrastructure with target price increases up to 29%.

The bullish outlook is driven by strong earnings, market share gains, and massive capacity expansion plans across auto, metals, and infrastructure sectors.

TVS Motor, Shyam Metalics, and JSW Infrastructure are expected to benefit from these underlying factors.