Top Stocks to Buy This Week: Brokerages Predict Up to 82% Upside on Swiggy, Sharda Cropchem, and Chalet Hotels

The Indian stock market is buzzing with fresh high-conviction brokerage recommendations this week, highlighting exceptional growth prospects across consumer tech, agrochemicals, and hospitality sectors. Leading the pack of top stock picks is food delivery and quick-commerce major Swiggy, which has received a resounding 'BUY' rating from ICICI Securities in its latest July 31 report. Armed with a target price of Rs 520 against its current market price of Rs 285, the stock presents an eye-catching upside potential of approximately 82%. Financial analysts point out that Swiggy’s rapid quick-commerce arm, Instamart, hit a major milestone by achieving contribution breakeven in the first quarter of FY2027, with over 45% of its dark stores turning contribution positive. Backed by aggressive expansion plans to add nearly 75 new dark stores in existing urban markets during the second quarter and stabilizing leadership changes, market experts believe the stock is primed for a strong bullish run.

Sharda Cropchem Eyed for Strong Volume Recovery and 65% Gains

Agrochemical player Sharda Cropchem has also emerged as a top favorite among institutional analysts, securing a definitive 'Buy' rating from Anand Rathi in a July 30 research note. The brokerage has slapped a 12-month target price of Rs 1,350 on the counter, which translates to a potential upside of roughly 65% from its current trading price of Rs 820. According to market trackers, Sharda Cropchem's robust earnings growth momentum is projected to sustain itself through the year, driven largely by anticipated volume recoveries in Europe, which remains the company's highest-margin international market. Furthermore, a strong net cash balance sheet, impressive return ratios, and compelling valuation multiples make it an attractive medium-term investment for portfolio growth.

Chalet Hotels Garners Dual Brokerage Backing With Up to 54% Upside

In the hospitality space, Chalet Hotels has caught the eye of two premier brokerage houses, signaling high institutional confidence. ICICI Securities has issued a target price of Rs 1,095, while Anand Rathi has pitched an even higher target of Rs 1,250, pointing toward an attractive upside potential ranging between 35% and 54% from its current market price of Rs 811. Although first-quarter hotel industry demand experienced minor headwinds due to broader geopolitical conditions, domestic demand rebounded noticeably in June, with robust recovery expected in the second half of FY2027 alongside a surge in foreign tourism. Analysts emphasize that aggressive portfolio expansion coupled with a flourishing commercial leasing business will likely drive massive revenue and operating profit growth, offering investors a lucrative opportunity despite sector-specific risks.