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Repco Home Finance’s valuation can re-rate with improving disbursement trajectory. Buy for target price of ₹560 (30.3% upside): Yes Securities



Repco Home Finance share price target

We interacted with Repco Home Finance’s Management to understand the drivers of loan growth acceleration, factors which will influence portfolio spread/NIM, and actions taken to consistently reduce the overdue portfolio and NPLs. The management was quite confident about achieving the guided disbursements of Rs40bn in the current year and reaching 12% loan book growth, managing spread decline within 15-20 bps, and improving GNPL ratio to 2.5% by the year-end. Repco trades at an undemanding valuation of 6x P/E and 0.7x P/BV on FY27 estimates, and acceleration of loan growth and further improvement in asset quality should re-rate the stock. We have a BUY rating with a 12m PT of Rs560

Juniper Hotels is targeting 3x revenue by FY30. Buy for target price of ₹410 (29.7% upside): JMFICS



Juniper Hotels share price target

We attended the analyst meet hosted by Juniper Hotels wherein the company highlighted its vision to double the room inventory to c. 4,000 keys by 2030. With the portfolio growing to ~2x of its current size, the management is targeting to grow revenue and EBITDA by 2x/3x in 3/5 years respectively driven by (i) ramp-up in existing portfolio, (ii) ROFO assets (iii) commissioning of new hotels at Bengaluru (Phase I and II), Kaziranga and Guwahati and (iv) planned acquisition of brownfield big box assets.

Time Technoplast has strong growth prospects, improving return ratios and attractive valuation. Buy for target price of ₹578 (41% upside): Motilal Oswal



Time Technoplast share price target

We initiate coverage on Time Technoplast (TIME) with a BUY rating and a target price of INR578 (41% upside potential), based on 22x FY27E P/E (close to sector average). Our positive stance is backed by the company’s strong growth prospects, improving return ratios and attractive valuation (~16x FY27E P/E)

Emami’s growth revival is on the cards; retaining a high conviction Buy for target price of ₹840 (44% upside): Anand Rathi



Emami share price target

Driven by re-staging ‘Smart and Handsome’ in Q3 FY25 and ‘Kesh King’ (planned) in Q2 FY26, and D2C brands (TMC, Brillare) growth returning post management transition, we expect a 7% volume CAGR for Emami over FY25-27 (5% in FY25). The focus on innovation with 25 launches in FY25 and likely inorganic growth (Rs7.5bn cash on the Balance Sheet) should further support the growth outlook. The recent fall in prices of crude oil should keep input cost favourable, expanding margins (110bps over FY25-27). This should drive a 14% EPS CAGR over FY25-27; hence, we find the present valuation of 24x FY27e P/E attractive (a 37% discount to peers). Our TP of Rs840 implies 35x FY27e EPS

Punjab National Bank (PNB)’s strategic focus on retail, agricultural, and small business lending is poised to fuel expansion. Buy for target price of ₹126 (16% upside): Geojit



PNB Share Price Target

Punjab National Bank (PNB), a leading Indian public sector bank, provides corporate and personal banking services. It has 10,189 branches and 11,822 ATMs

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

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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!