Arjun

Allied Blenders & Distillers share price target

Allied Blenders & Distillers is striving for double digit volume growth and margin expansion. Buy for target price of ₹495 (50% upside): ICICI Direct

Arjun March 24, 2025

Allied Blenders & Distillers (ABDL), incorporated in 1988, is third largest IMFL company in...

GAIL Share Price Target

GAIL’s valuations are compelling; FY27 dividend yield at 4.3%. Buy for target price of ₹195 (16% upside): Motilal Oswal

Arjun March 23, 2025

GAIL share price has corrected 30% over the past five-and-a-half months and now trades...

Kalyan Jewellers’ growth momentum remains strong in Q4 despite surge in gold price. Buy for target price of ₹520 (15% upside): ICICI Securities

Arjun March 22, 2025

Highlights from our interaction with management of Kalyan Jewellers (Kalyan) include: 1) Despite an...

Manappuram Finance share price target

Manappuram Finance is at a strategic inflection point due to Bain Capital acquiring a controlling stake. Buy for target price of ₹218 (15% upside): Elara Capital

Arjun March 21, 2025

The announcement of Bain Capital acquiring a controlling stake in Manappuram Finance (MGFL IN)...

Cochin Shipyard share price target

Cochin Shipyard has extensive opportunity in both defence & commercial shipbuilding segments. Buy for target price of ₹1700 (20% upside)

Arjun March 20, 2025

Cochin Shipyard (CSL), incorporated in 1972 as a Government of India company, is one...

Goodluck India share price target

Goodluck India’s foray into High Margin Value Added Products to drive growth. Buy for target price of ₹947 (43.4%): SBI Securities

Arjun March 19, 2025

Goodluck India Ltd. is among the leading manufacturer of wide range of Engineering structures,...

Signature Global share price target

Signature Global is an emerging heavyweight. Buy for target price of ₹1436 (34% upside): Nuvama

Arjun March 18, 2025

Signature Global (SGIL) has built up a robust pre-sales momentum (TTM bookings up ~7.6x...

Varun Beverages share price target

Varun Beverages’ price correction is overdone and the prevailing market pessimism should be used as an opportunity to Add. Target price ₹675 (38.3%): JMFICS

Arjun March 17, 2025

Varun Beverages has corrected c.30% from its peak – a function of weak demand...

PVR INOX share price target

PVR INOX is quoting at reasonable valuations & has limited downside. Buy for target price of ₹1610 (71.3% upside); JMFICS

Arjun March 16, 2025

Karnataka state government has proposed an INR 200 price-cap for movie tickets. This is...

Hindalco share price target

Hindalco is the preferred play in the aluminium space with good earnings visibility for the next six months. Buy for target price of ₹800 (15.7% upside): JMFICS

Arjun March 15, 2025

With Aluminium prices remaining strong above ~USD2.6k/tn levels and the company guiding for Novelis’...