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Gulf Oil Lubricants: Castrol sale could create positive sentiment for Indian lubes. Buy for target price of ₹1800 (54.2% upside): Emkay



Gulf Oil Lubricants share price target

The strategic review and potential sale by BP Plc of its lubricant arm, Castrol Ltd, marks a major global corporate development in the otherwise quiet lubricant sector. Financial investors view the space cautiously, given potential long-term EV risks, though this deal could improve market sentiment. BP management has cited strong interest in Castrol, with recent media reports naming marquee players like Saudi Aramco and Reliance Industries (RIL), besides several PE and investment firms as interested parties, valuing Castrol at USD8-10bn.

Gokaldas Exports is well-placed amidst tariff uncertainty. Buy for target price of ₹1265 (33.9% upside): JMFICS



Gokaldas Exports share price target

We recently hosted the management of Gokaldas Exports for an investor roadshow, represented by Mr. Siva Ganapathi (Vice Chairman and MD) and Mr. Sathyamurthy (CFO). The management provided insights on the demand scenario and future outlook for the company in a situation of tariff uncertainty

Top Conviction Stock Ideas of Q4FY25 by Axis Securities



Top Conviction Stock Ideas of Q4FY25 by Axis Securities

Top Conviction Stock Ideas of Q4FY25 from Cement, Metals and Mining, Pharma, BFSI, Infra, Chemical, FMCG, Retail, Auto and Auto Ancillaries and Real Estate

Hi-Tech Pipes has strong performance led by healthy momentum across end-user segments. Buy for target price of ₹138 (44.2% upside): SBI Securities



Hi-Tech Pipes share price target

Hi-Tech pipes has strong growth prospects in the structural steel tubes space given its (a) Capacity expansion from 0.6 MTPA in FY23, 0.8 MTPA in FY24 to 1 MTPA in FY26E, (b) Transition from generic products to value added products, (c) Product portfolio enhancement on back of Solar torque tubes, color coated roofing sheets and (d) Healthy demand for structural steel tube over medium and long term

Lumax Auto Tech Ltd is outperforming the industry with higher content per vehicle. Buy for target price of ₹1220 (25.8% upside): SBI Securities



Lumax Auto Technologies share price target

Lumax Auto Tech Ltd (LATL) reported a stellar quarterly performance with Revenue/EBITDA/PAT growing 50%/70%/32% YoY. The EBITDA margin improved 170 bps YoY to 13.8% led by improvement in product mix and higher contribution from subsidiaries IAC India and Greenfuel Energy

List of 50 stocks with high Dividend Yield of up to 9% as of 2nd June 2025 by SBI Securities



List of 50 stocks with high Dividend Yield of up to 9%

The dividend yield is computed based on the closing price of 30th May 2025. We have considered companies that have consistently paid dividend in the last 3 years – i.e FY24/CY23, FY23/CY22 and FY22/CY21.

15 Top Picks for June 2025 with 37% upside by Axis Securities



Axis Securities Top Picks

The Axis Top Picks Basket delivered a return of 15.3% in the last three months against the 11.9% return posted by the Nifty 50, outperforming the Nifty 50 by a notable margin of 3.4%. Moreover, over the last one month, the basket has gained 2.6%. We are happy to share that our Top Picks Basket has delivered an impressive return of 321% since its inception (May’20), which stands well above the 167% return delivered by the NIFTY 50 index over the same period

Juniper Hotels is well positioned to embark on its next phase of growth. Buy for target price of ₹410 (27.7% upside): JMFICS



Juniper Hotels share price target

Juniper is well positioned to embark on its next phase of growth and plans to add c. 2,000 rooms over the next 3-4 years primarily through ROFO assets, organic expansion and new acquisitions. We estimate revenue CAGR of c.14% and EBITDA CAGR of c.22% over FY25-28E, with EBITDA margin expected to reach 43% by FY28E. We maintain a BUY rating with a TP of INR 410, valuing the company at 18x Mar’27E EBITDA

Apeejay Surrendra Park Hotels has a strong operating track record of high occupancy. Buy for target price of ₹214 (39% upside): IDBI Capital



Apeejay Surrendra Park Hotels share price target

Geographic expansion bodes well for future growth, BUY with a TP of Rs214: ASPHL has a strong operating track record of high occupancy, competitive average room rates compared to mid-sized organized peers. With acquisition of properties in Mumbai and Kerala, the company has further strengthened its portfolio. Though there would be near term challenges on increased debt, we believe inventory addition is poised to pay off in near future. BUY with a TP of Rs21

Goodluck India Ltd’s valuation still looks attractive for long-term investors. Buy for target price of ₹1199 (33.2% upside): SBI Securities



Goodluck India share price target

We believe the valuation still looks attractive for long-term investors on back of (a) Expected expansion in EBITDA/t, post stabilization of Hydraulic tubes and CDW pipes capacity, (b) Commencement of commercial production at the new Defence & Aerospace facility by 2HFY26, (c) Healthy business relations with marquee clients across the public and private domain and (d) Positive demand outlook for solar torque tubes in the long run. At the CMP of Rs 900, the stock is trading at a P/E of 14.8x/11.3x of its FY26E/FY27E EPS of Rs 60.9/Rs 79.9 respectively. We assign the stock a P/E multiple of 15x on FY27E period EPS of Rs 79.9 to arrive at our TP of Rs 1,199, thus providing an upside potential of 33.2%

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Disclaimer: This is a Fan Site in Rakesh Jhunjhunwala's name. Rakesh Jhunjhunwala is not associated with us and is in no way aware, accountable or responsible for what is stated here. Further, nothing here constiutes investment advice for you to act on. Also, we have a vested interest, and are extremely biased, in everything that we say. So Mind It!