Month: May 2024

• investments

NRB Bearing’s valuation at 18x P/E on FY26E looks extremely attractive. Buy for target price of ₹400 (24% upside): ICICI Direct

Arjun May 21, 2024

With a healthy visibility on earnings growth and focus on strengthening balance sheet, NRB’s...

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• investments

DLF has strong cash flow despite higher BD, launch pipeline intensifies. Buy for target price of ₹1081: Nuvama

Arjun May 20, 2024

We are upbeat on DLFU’s growth prospects driven by strong sectoral tailwinds (record low...

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• investments

Beta Drugs is one of the fastest growing scaled up companies in the Indian branded Oncology pharma market. Buy for target price of ₹1600 (32% upside): Nuvama

Arjun May 19, 2024

Beta is one of the fastest growing scaled up companies in the Indian branded...

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• investments

Amara Raja has a capital efficient business model, healthy net cash positive B/S & inexpensive valuations. Buy for target price of ₹1200 (28% upside): ICICI Direct

Arjun May 18, 2024

Amara Raja Energy & Mobility (AREM) is a part of the duopolistic organised Indian...

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• investments

Man Infraconstruction has strong upcoming Order Book and Surging Net Profits. BUY for target price of ₹270 (34% upside): Axis Securities

Arjun May 17, 2024

We maintain a BUY rating on the stock as we continue to remain positive...

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• investments

TCI express is leading ground express player with the company claiming to have a market share of ~7%. Buy for target price of ₹1490 (35% upside): Kotak Securities

Arjun May 16, 2024

TCI express is leading ground express player with the company claiming to have a...

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• investments

TCI Express is best placed among peers in the times of lacklustre demand owing to its strong balance sheet, focus on other revenue stream. Buy for target price of ₹1495 (36% upside): ICICI Sec

Arjun May 15, 2024

TCIE is best placed among peers in the times of lacklustre demand owing ...

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• investments

IPO: Go Digit overall market share is 3%. The company will do well as the scope of general insurance is huge due to low penetration in India. Subscribe: SBI Securities

Arjun May 14, 2024

Go Digit offers motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability...

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• investments

Nitin Spinners Ltd is all Set to grow well with new capacity on stream. Buy for target price of ₹465 (36% upside): SMIFS

Arjun May 13, 2024

Nitin Spinners Ltd (NSPL) came out with a decent performance in an improving business environment...

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• investments

Zen Technologies Ltd is a Rising Star. Co has guided for Rs 900 cr plus revenue along with EBITDA margin of ~35% for FY25. Buy for target price of ₹1137 (20.4% upside): SBI Securities

Arjun May 12, 2024

Valuation still attractive; Maintain buy rating- Target Rs 1,137/- At the current price, Zen...

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