CLSA has identified 5 Mid-Cap stocks that investors should buy now. Mid-cap stocks have underperformed the large cap stocks by 3.3 per cent since the beginning of August. The CNX Midcap forward PE discount has narrowed to 13 per cent, which is below its long-term average of 20 per cent
Posts in category Top Stock Idea
Buy GSPL For A 11.2% Upside In 1-3 Months
GSPL has a market-cap of Rs 4023.3cr and is trading at a share price of Rs.71.50. The standalone TTM EPS is Rs.9.06. This translates into a TTM PE of 7.9. The P/BV stands at 1.6. The stock is an attractive buy considering the growth prospects of the industry as well as the company says Bajaj Capital
Buy Navneet Publications For 29% Return
At CMP of Rs. 55, Navneet is trading at 13.6x and 11.5x of its FY13E and FY14E consolidated earnings respectively while on P/BV front, it is available at 3.1x and 2.7x respectively. We value NPIL at 17.5x of its FY13 EPS of Rs. 4.0 which entails a target price of Rs. 71. This indicates an upside of Rs.16 (~29%). We reiterate BUY on the stock, with a one year horizon
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