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Jefferies picks India stocks that have room to run — says one may have a 40% upside

A pedestrian speaks on a mobile phone as he looks at share prices on a digital broadcast outside the Bombay Stock Exchange (BSE) in Mumbai on November 10, 2020.

PUNIT PARANJPE | AFP via Getty Images

Analysts at Jefferies recently named their top stocks to buy in India — and one could potentially go up by another 40%, they predicted.

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