Patel Engineering is an EPC player which specialises in technology-intensive areas like hydro, tunnelling, irrigation, water supply, urban infrastructure, and transport
Apeejay Surrendra Park Hotels is poised for sustainable earnings growth. Buy for target price of ₹245 (27% upside): IDBI Capital
We initiate coverage on Apeejay Surrendra Park Hotels Ltd. (ASPHL) with a BUY rating and TP of Rs245, valuing it at 19x EV/EBITDA on FY27E. We like ASPHL in domestic mid-segment hotels space considering 1) Strong positioning in midsegment branded hotels in key cities, 2) Robust pipeline of hotels in next 4 years, 3) Focus on expansion of Flurys business, 4) Superior performance on operating metrics compared to industry peers, and 5) Management pedigree.
Midhani is expected to benefit substantially from further pick-up in execution, robust order prospects, new product developments. Buy for target price of ₹430 (27% upside): ICICI Direct
Mishra Dhatu Nigam (Midhani) is one of the key manufacturers of critical metals such as special steels, super alloys (nickel base, iron base and cobalt base), titanium alloys etc. The company primarily cater to the requirements of sectors like defence, space and energy
Adani Ports is very well placed to continue to outpace industry growth and gain market share. Buy for target price of ₹1530 (29% upside): Motilal Oswal
We believe the company is very well placed to continue to outpace industry growth and gain market share. The integration of the logistics business with the ports business is enhancing its service offerings and transforming the company into a transport utility. We reiterate our BUY rating with a TP of INR1,530 (29% upside)
Archean Chemical Industries is a robust play on the recovery in bromine and industrial salt markets. Buy for target price of ₹840 (19% upside): Chola Securities
Archean Chemical Industries is a robust play on the recovery in bromine and industrial salt markets, the scaling of SOP production, and the expanding footprint in high-growth derivative and technology sectors. Worst seems to be behind it, the company is set to capitalize on favorable macroeconomic trends and its strategic growth initiatives, making it an attractive investment for long-term value creation
PGIL is a perfect candidate for a valuation re-rating given its execution capabilities, growth opportunities, and quality management: Nuvama
PGIL has been improving its productivity and is on a capex spree. Its manufacturing bases in Bangladesh, India, Vietnam, Indonesia and Guatemala make it one of the preferred suppliers for top retailers and brands. With all growth levers in place and multiple industry tailwinds, PGIL will be one of the foremost beneficiaries
List of 12 Quality Stocks with high dividend yield from 3.2% to 10.9% by IDBI Capital
Selection criteria – Market cap should be more than 500 Cr, Dividend yield should be more than 3%, the company should be profit making for past 3 years, Five year average ROE should be more than 9, Special Dividend (one off) are not taken into consideration, while consistent Special Dividend are considered, Consistent dividend paying track record
IPCA Laboratories’ brand-building strength is poised to drive outperformance. Buy for target price of ₹1800 (20% upside): HDFC Securities
Given the visibility of steady growth and improving margins (to 22% in FY27E from 16.7% in FY24), we are initiating coverage with a BUY and a TP of INR 1,800
Top Stock Picks Basket with up to 38% return potential by Axis Securities
Bottom-up stock picking with a focus on ‘Growth at a Reasonable Price’ and ‘Quality’ would be keys to generating satisfactory returns in the next one year.
Dividend Yield Monitor 2nd December 2024 by SBI Securities
The dividend yield is computed based on the closing price of 29th November 2024. We have considered companies that have consistently paid dividend in the last 3 years – i.e FY24/CY23, FY23/CY22 and FY22/CY21
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