Fan Site: Inspired, Not Endorsed, By Rakesh Jhunjhunwala

Quess Corp has value creation via formalisation and demerger. Buy for target price of ₹930 (45% upside): HDFC Sec



Quess Corp has value creation via formalisation and demerger

Quess Corp Ltd (Quess) is India’s largest staffing/business services company with its business spread across staffing (WFM), facility management (OAM), BPO (GTS) and a platform (job portal Foundit). It is a leader in the flexi-staffing and facility management segment and is well placed to benefit from macro tailwinds like (1) formalisation of labour force, (2) proposed new labour laws, (3) push for creating a manufacturing hub through various PLI schemes, (4) creating internship opportunities, and (5) job generation in tier-2/3 cities

LTIMindtree has asymmetric risk-reward potential. Buy for target price of ₹8000 (33% upside): Motilal Oswal



LTIMindtree Ltd

We reiterate our BUY rating on LTIM due to its superior offerings in data engineering and ERP modernization, positioning it well to capture pre-GenAI expenditures. We anticipate LTIM to outperform its large-cap peers and expect low double-digit CC growth for FY26. LTIM could have managed its top-level churn rate more effectively post-acquisition. Nonetheless, we believe the toplevel attrition rate might remain benign going forward.

HDFC AMC sees improvement in yield, cost control boost margins. Buy for target price of ₹5200 (35% upside): Motilal Oswal



HDFC AMC sees improvement in yield, cost control boost margins

The increasing share of equity in the overall AUM, driven by an anticipated higher CAGR of 30% in equity AUM vs. overall AUM CAGR of 24%, will help to mitigate the potential decline in yields. We expect scale benefits from new businesses (Alternates & Passives) to translate into higher profitability

Jindal Steel and Power’s expansion driven high growth phase is set to begin. Buy for target price of ₹1220 (33% upside): ICICI Direct



Jindal Steel and Power

Jindal Steel & Power (JSPL) is one of India’s leading steel producers. With crude steel capacity of 9.6 million tons per annum (MTPA) it has major plants located in Angul (Odisha, 6 MTPA capacity) & Raigarh (Chhattisgarh, 3.6 MTPA)

Shriram Finance is a beacon of resilience and opportunity. Buy for target price of ₹700 (32% upside): Motilal Oswal



Shriram Finance

Shriram Finance (SHFL) offers a well-diversified product suite and has emerged as a strong player across all its product segments. It has demonstrated strong execution capabilities and asset quality resilience while navigating multiple credit and economic cycles

Kaynes Technologies is embracing change & elevating excellence. Buy for target price of ₹9100 (31% upside): Motilal Oswal



Kaynes Technologies

Kaynes Technologies (KAYNES) is one of the fastest-growing EMS companies in India, with diversified exposure to end-user industries across seven high-growth sectors. With ~62% revenue CAGR over FY21-24, the company is deepening its presence within existing sectors. Further, KAYNES continues to improve its margin profile (~15% in FY25E from ~9.7% in FY21) backed by a rising share of high-margin businesses

Page Industries is on the road to recovery; long runway for growth ahead. Buy for target price of ₹57,500 (+20% upside): Motilal Oswal



Page Industries

PAGE Industries (PAGE) is well-positioned to capitalize on India’s growing innerwear (9% of the apparel industry) and athleisure markets, aided by favorable macroeconomic trends such as rising incomes, urbanization, and a young population. The company holds a dominant position in the mid-premium innerwear segment, driven by its first-mover advantage, strong brand equity of Jockey, low-cost manufacturing, and a well-diversified product portfolio

Patel Engineering is an engineering behemoth. Buy for target price of ₹76 (54% upside): IDBI Capital



Patel Engineering is an engineering behemoth. Buy for target price of ₹76 (54% upside): IDBI Capital

Patel Engineering (PEC) founded in 1949, is into construction of complex civil infra work like hydro power plant, tunnelling, Urban Infra, irrigation and others. It has seen multiple capex cycle in India, and currently has an order book of Rs191bn (which is 4x TTM revenue)

DAM Capital has recommended 14 stocks which are likely to double in the next three years.



multibagger stocks

DAM Capital has recommended 14 stocks which are likely to double in the next three years. The stocks are well known & have a huge margin of safety. They have more than 27% earnings CAGR for the next three years. Their PE will not derate or rerate too much

Top 9 Stock Picks with up to 41% upside by IDBI Capital



Top 9 Stock Picks with up to 41% upside

We expect market to remain range bound with lot of volatility due to domestic as well as global events. Additionally, India earnings growth expectations remains muted with ongoing challenges such as slowing macroeconomic environment, weak earnings cycle, limited room for further valuation expansion, and the possibility of continued selling by FPIs.

← Older Entries Newer Entries →
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!