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A look at some of the latest stock recommendations by analysts. These stocks are expected to return between 17% and 27% as per analysts’ price targets.HDFC BANK BROKERAGE: CITI Price Target: Rs 2,200 CMP: Rs 1,825 | Upside: 21% Advances growth will gain traction after bottoming out in third quarter Expect over 7% deposit growth in fourth quarter No unusual stress in any segment; credit costs expected to be contained GLENMARK PHARMACEUTICALS BROKERAGE: HSBC Price Target: Rs 1,785 CMP: Rs 1,521 | Upside: 17% Out-licensing deal for ISB 2001 could act as a re-rating trigger Upgrade rating to buy from hold on favourable risk-reward Operating margins in base business could expandTATA STEELBROKERAGE: EMKAY GLOBAL Price Target: Rs 185 CMP: Rs 155 | Upside: 19% Initiate coverage with buy rating on expected Europe business turnaround and valuation comfortInvestor concerns over captive mine re-auctions in 2030 unwarranted; iron ore prices in medium term declines Tata’s Europe business could be at an inflection point toward profitability SAMVARDHANA MOTHERSON BROKERAGE: CLSA Price Target: Rs 167 CMP: Rs 132 | Upside: 27% Stock has the potential to double in three years Improving Return on Capital Employed, leaner balance sheet and better target market outlook to drive re-rating Outperform rating due to recent stock decline and expectations of margin-accretive mergers and acquisitions

Warburg Pincus-owned mortgage lender Truhome Finance has raised $100 million in external commercial borrowing from DBS Bank and Sumitomo Mitsui Banking Corporation (SMBC).The lender with about Rs 17000 crore assets under management has borrowed the fund at a coupon which is benchmarked with Secured Overnight Financing Rate (SOFR). The blended cost of it was 7.9%, which is 160 basis points over SOFR, a senior company official said.The non-banking finance company has secured this funding through a social loan facility. DBS Bank and SMBC have invested $50 million each in the loan syndication. The tenure of the loan is three years.The ECB will help the lender diversify its resources. This is the first external borrowing by the company after it was taken over by Warburg Pincus."This ECB facility shows the trust that marquee investors have in our business model," Truhome Finance managing director Ravi SubramanianThe global private equity firm bought the non-banking finance company from Shriram Capital and San Francisco-based PE Valiant Capital Management for Rs 4,630 crore in December last year. Warburg invested another Rs 1,200 crore into the company last year itself and has committed to infuse more capital whenever needed.The company has a network of 165 branches across 17 states and union territories. Major industrial states such as Gujarat, Maharashtra and Tamil Nadu accounted for 18%, 18% and 16% of the AUM respectively, at the end of December.The company focuses on borrowers from the middle-income group and low-income groups, mostly residing in urban and semi-urban regions, and has an average loan book ticket size of Rs 18 lakh, which is significantly higher than its peers in the affordable housing finance space. India Ratings & Research said in its rating report last month.About three-fourth of Truhome’s borrowers are self-employed and operating in a formal sector.