Our top picks are Rossari Biotech (double digit YoY revenue growth), Ami Organics (volume growth across segments), Supreme Petrochem (demand pick up in the OEM segment). Overall, we remain cautious on the sector
Angel One is one of the best core portfolio plays on the secular growth story in the Indian capital markets. Buy for target price of ₹3580 (28% upside): HDFC Sec
ngel One remains one of the best core portfolio plays on the secular growth story in the Indian capital markets. However, we continue to believe that the unit economics is beginning to plateau, especially given early signs of diminishing marginal utility from newly-acquired customers. We maintain ADD with a target price of INR3,580 (20x Sep-25E EPS)
Senco Gold is one of the largest organised jeweller in the East. Buy for target price of ₹1277 (32% upside): Anand Rathi
We initiate coverage of Senco Gold with a TP of Rs1,277 (28x FY26e P/E). At the CMP, the stock is valued at 28.5x/21.2x FY25e/FY26e P/E
Indian Hotels is the best play with consistent growth. Buy for target price of ₹679: Sharekhan
IHCL has charted a strong growth plan to be achieved by FY2025-26 with a strong improvement in cash flows and strengthening balance sheet with a focus on becoming debt-free.
BJP’s 2024 manifesto promises policy continuity! Top Stock Ideas By MOFSL
The Nifty is trading well within its long-period average P/E of ~20x FY25E EPS. We continue to stay OW on domestic cyclicals, e.g., BFSI, Industrials, Real Estate and Consumer Discretionary, and maintain UW on IT with Equal Weight on Healthcare, Automobile, Metals, O&G and Telecom
Saurabh Mukherjea’s Marcellus has added 4 stocks & exited 2 stocks from the portfolios
According to a newsletter issued by Saurabh Mukherjea’s Marcellus PMS Fund, the following are the additions and exits
7 Mega Cap & 10 Multi Cap Long term compounders stocks by HDFC Securities
To benefit from the tailwinds of the above-mentioned trends, we have identified a list of stocks from our coverage universe which can compound their earnings consistently over the next 3-5 years while maintaining healthy return metrics and balance sheet
Cello World is among the best in industry. Buy for target price of Rs 1100 (34% upside): Motilal Oswal
CELLO is currently trading at 34x FY26E EPS with RoE/RoCE of 32%/39% in FY26E. We believe that the company will be able to successfully scale up new businesses and expand SKUs and distribution reach in order to evolve as a leading brand in the respective segments. We reiterate our BUY rating with a TP of INR1,100 (premised on 45x FY26E EPS)
Cables and Wires are powering the Indian growth story. Three stocks to buy by Motilal Oswal
We initiate coverage on Polycab, KEI, and RRKABEL with a BUY rating as we expect them to benefit from the favorable industry trends and report healthy earnings growth over FY24-26. We believe these companies will maintain their premium valuations. We value: Polycab at 50x FY26E EPS to arrive at our TP of INR7,500, KEI at 50x FY26E EPS to arrive at our TP of INR5,000, and RRKABEL at 40x FY26E EPS to arrive at our TP of INR2,200
Bajaj Finance is Standing the test of time – planning, execution and resilience. Buy for target price of Rs 8500: ICICI Securities
Bajaj Finance (Bajaj) is the only NBFC in India that prioritises customer ‘ownership’ over mere ‘lending’. Providing financial solutions to India’s burgeoning aspirational middle class forms the crux of Bajaj’s unique business model, which will allow the business to showcase >25% growth in AUM and RoE in the near futur
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