High Conviction Stocks Idea Attributes
• Company: a) Sound / resilient business; b) Consistent strong financials; c) High growth potential; and d) High return on invested capital
• Industry: a) Market leaders / Strong brand value; b) High growth opportunities; c) Strong entry barriers
• Management: a) Visionary Leadership; b) Strong & Effective Management; and c) High corporate access, including promoters and CXOs
• KRChoksey Differentiators: a) Analytics that predicts market movements; and b) High quality actionable research
(1) Happiest Minds Technologies Ltd
A strong focus on organic growth and cost control measures will aid revenue and margin
BUY | Target Price: 1,062 | Upside: 17.9%
(2) The Ramco Cements Ltd.
Momentum on pricing and volume to continue further
ACCUMULATE | Target Price: 1,120 |
Upside: 10.3%
(3) HDFC Bank Ltd.
Consistent performance with sustainable ROA of 2.0%
BUY | Target Price: 2,060 | Upside: 21.8%
(4) Rossari Biotech Ltd
Strong demand across end customer sectors in the HPPC segment will drive topline
BUY | Target Price: 925 | Upside: 12.9%
(5) Varun Beverages Ltd
Capex and entry into new geographies to boost growth
BUY | Target Price: 1,505 Upside: 19.3%
(6) Persistent Systems Ltd.
A strong deal pipeline and efficient utilization will support the growth
ACCUMULATE | Target Price: 7,910 |
Upside: 8.8%
