Another recommendation from ICICI Direct is Greenply Industries, with a current market price (CMP) of Rs 239 and a target price of Rs 295. The forecast is based on the anticipated completion of residential real estate projects, driving demand in the building materials segment, especially for Woodpanel products, where Greenply is expected to benefit significantly. Axis Securities has a favorable view on Sansera Engineering, currently trading at a forward PE multiple of 16x based on FY26 EPS estimates. They set a target price of Rs 1,210/share, assigning a forward PE multiple of 20x, reflecting an upside potential of 16%. Sharekhan focuses on Artemis Medicare Services, priced at Rs 180 with a target price of Rs 222. They highlight Artemis's leadership in the Gurgaon hospitals segment and its sustainable business model, noting its ambitious capacity expansion plans to nearly triple its current capacity in the next 3-5 years. Motilal Oswal is bullish on Lemon Tree, recognizing its niche in the midmarket hospitality segment and its expansion into the upscale/luxury segment through increased inventory and management contracts. They predict significant benefits from sectoral tailwinds and a stronger market presence, recommending a buy rating with a target price of Rs 150 as per their January 02, 2024, report. ICICI Direct highlights UGRO Capital, currently priced at Rs 271 with a target price of Rs 350, noting its focus on cash flow-based lending and strong collection infrastructure. They emphasize the company's use of a proprietary tool, GRO score, for assessing customer repayment capabilities, expecting manageable slippages and a broad range in Stage 3 assets.