CARYSIL is expected to see a significant increase in export earnings. Domestic revenues are set to rise due to growing B2B sales and the in-house manufacturing of appliances
Evergreen Stock Basket & Dark Horses Stock Basket by Chola Securities
Dear All, We are pleased to share roll out of two Thematic Advisory Portfolio’s as a basket. The recommendations are purely advisory in nature. Investors replicating the same are requested to take informed decision based on their own research and judgement. Evergreen Stock Basket: Stock selection is based on: Longevity Predictability of business cycle Consistent […]
Nifty target is 23400 by June 2024. Pre-Election rally on the cards. Top stock picks to buy on dips by ICICI Direct
Taking cognizance of the above factors, we expect Nifty to head for 23400 by June 2024 and meanwhile form a durable bottom in Feb-March period wherein 20500-20800 to act as strong support. Therefore volatility from hereon should be embraced as a buying opportunity
Sensex Options Traders suffered huge losses due to wild swings in the market post budget & systemic glitches. One lost Rs 83 Lakh & wiped out his entire FY gain in a single trade
Sensex Options Traders suffered huge losses due to wild swings in the market post budget & systemic glitches. One lost Rs 83 Lakh & wiped out his entire FY gain in a single trade. Another reported loss of Rs 28 lakh. Experts advise traders to avoid trading Sensex & stick to the Nifty & Bank Nifty options
Greenply Industries Ltd has strong earnings growth prospects. Buy for target price of Rs 300 (26% upside): BOB Caps
We maintain our BUY rating on the stock with an unchanged TP of Rs 300 as we see strong earnings growth prospects (EPS estimated to grow at 26% CAGR over FY23-FY26) and improving return ratios (ROE projected to improve from 13.9% in FY23 to 17.7% in FY26)
Post Budget Analysis & Stock Ideas by Axis Securities
A Vote Stock Ideas -of-Account-Budget sets the Narrative of “Viksit Bharat” Our honourable Finance Minister Nirmala Sitaraman presented the Interim Budget 2024-25 today. Being the “vote of account” budget before the Union Election 2024, the expectations of the budget were naturally low. The finance minister delivered along the expected lines with an emphasis on the […]
Zen Technologies is a rising star. Valuation is still attractive. Maintain buy rating for Target Rs 994: SBI Securities
At the current price, the company is trading at 51.6x/28.3x/22.1x of its FY24E/FY25E/FY26E earnings respectively. We maintained our buy rating on the stock with upgraded price target of Rs 994/- thus providing an upside potential of 24.2%.
Budget Day Derivatives Strategy by Chola Securities
Nifty Outlook: The index has been trading in a range post the gap down that was witnessed on 18th Jan. The sell-off was largely led by bearish FII activity in all the segments. As far as FII activity is concerned, FII’s have gone aggressively short in index futures at 87,351 – highest since 30th November […]
Lumax Auto Technologies is trading at an eye-catching valuation. Buy for target price of Rs 481 (32% upside): SMIFS
Lumax Auto Technologies Ltd (LATL) is a prominent member of the Lumax-DK Jain Group. Collaborating with eight international partners, LATL specializes in manufacturing advanced automotive products
DLF had a Blockbuster quarter, launch pipeline strengthens. Buy for target price of Rs 1021 (33% upside): Nuvama
We remain upbeat on DLFU’s growth prospects, driven by strong sectoral tailwinds (industrywide consolidation, record low inventory in its home market, and greater preference for branded luxury inventory), an extensive launch pipeline, and expansion of its annuity portfolio. A strong Balance Sheet with consistent cash flow lends further comfort. We upgrade our TP to INR 1,021 (INR 671 earlier) on a higher sales velocity and a strong launch pipeline. Maintain ‘BUY’
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