3 ‘Buy’ recommendations by Motilal Oswal, with up to 31% upside potential

Motilal Oswal, a brokerage house, recommends three stocks in banking and manufacturing sectors – Federal Bank, Punjab National Bank, and Prince Pipes and Fittings – for potential growth of 15% to 31%. These stocks have strong prospects in asset diversification, efficiency, and capacity expansion, leading to ‘Buy’ recommendations and target prices from the brokerage.