Reports By Brokerage: SMIFS
S.J.S. Enterprises Ltd (Ashish Kacholia Portfolio Stock) has clean & clear visible growth triggers. Buy for TP of Rs 593 (+33%): SMIFS | |
Company: | S.J.S. Enterprises |
Brokerage: | SMIFS |
Date of report: | January 30, 2023 |
Type of Report: | Initiating Coverage |
Recommendation: | Buy |
Upside Potential: | 33% |
Summary: | We are of the opinion that SJS at ease will be able to achieve PAT growth @18% CAGR FY22-FY25e with sustainable margin of about 25%+ level. Over & above, the team is aggressively hunting for inorganic acquisition, which can add a new wing in either technology, futuristic products, markets and/or customers |
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Reports By Brokerage: SMIFS
KIMS is steadily building its empire by conquering and ruling. Buy for target price of Rs 1682 (18% upside) | |
Company: | KIMS, Krishna Institute Of Medical Sciences |
Brokerage: | SMIFS |
Date of report: | January 23, 2023 |
Type of Report: | Initiating Coverage |
Recommendation: | Buy |
Upside Potential: | 18% |
Summary: | Currently, the stock is trading at comforting valuation on FY25E EV/EBITDA of 15x. We value the stock at 20x (in line with its historical average) due to capacity and geographical expansion, improved margins and robust revenue growth, thereby, arrive at target price of Rs 1,682 per share which offers upside of 18% from current valuations. Therefore, we assign BUY rating on the stock. |
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Reports By Brokerage: SMIFS
Supreme Petrochem has very strong business model. Buy for target price of Rs 561 (51% upside): SMIFS | |
Company: | Supreme Petrochem |
Brokerage: | SMIFS |
Date of report: | January 19, 2023 |
Type of Report: | Initiating Coverage |
Recommendation: | Buy |
Upside Potential: | 51% |
Summary: | Supreme Petrochem (SPL) has very strong business model in Polystyrene (PS) & Expandable Polystyrene (EPS) along with its downstream derivatives like XPS & SPC. The company is expanding its capacity in all business segments viewing the growth opportunities available post closure of business of its nearest competitor in India, increasing demand growth & strong balance sheet to fund capital expenditure. |
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Reports By Brokerage: SMIFS
Indoco Remedies is an attractive investment proposition. Buy for target price of Rs 469 (24% upside): SMIFS | |
Company: | indoco remedies |
Brokerage: | SMIFS |
Date of report: | December 23, 2022 |
Type of Report: | Initiating Coverage |
Recommendation: | Buy |
Upside Potential: | 24% |
Summary: | Strong business fundamentals such as diversified segments mix and strong product portfolio along with high return ratios make Indoco an attractive investment proposition |
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Reports By Brokerage: SMIFS
PCBL Ltd is a carbon black giant, set to grow at a fast clip. Buy for 35% upside: SMIFS | |
Company: | PCBL |
Brokerage: | SMIFS |
Date of report: | December 18, 2022 |
Type of Report: | Initiating Coverage |
Recommendation: | Buy |
Upside Potential: | 35% |
Summary: | Currently, the stock is trading at inexpensive valuation on FY25E P/E of ~9.3x. We value the stock on forward P/E multiple of 12.5x owing to increasing share of speciality business, robust volume growth & rising exports share and, thereby, arrive at target price of Rs 183 per share which offers upside of 35% from current valuations. |
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Reports By Brokerage: SMIFS
Four Stock Recommendations For December By SMIFS | |
Company: | Model Portfolio |
Brokerage: | SMIFS |
Date of report: | December 2, 2022 |
Type of Report: | Techno-Funda |
Recommendation: | Buy |
Upside Potential: | 66% |
Summary: | SMIFS has recommended four stocks to buy with good risk-reward ratios. |
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Reports By Brokerage: SMIFS
Lux Industries Ltd is well-poised for growth on the back of increasing share of premium products. Buy for target price of Rs 1802: SMIFS | |
Company: | Lux Industries |
Brokerage: | SMIFS |
Date of report: | November 15, 2022 |
Type of Report: | Result Update |
Recommendation: | Buy |
Upside Potential: | 6% |
Summary: | Lux Industries Ltd. Brands like Lux Cozi, Lyra & ONN are doing well Lux Industries Ltd. (LUX), reported weak performance in Q2FY23 in a challenging business environment of volatile raw material prices. Revenues in Q2FY23 increased by ~1.4% YoY, however volumes declined by ~8% YoY (volumes in H1FY23 grew by ~3% YoY). Growth in volumes […] |
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Reports By Brokerage: SMIFS
Dollar Industries’ growth pillars are in place driven by project Lakshya. Buy for target price of Rs 708 (56% Gain): SMIFS | |
Company: | Dollar Industries |
Brokerage: | SMIFS |
Date of report: | November 13, 2022 |
Type of Report: | Result Update |
Recommendation: | Buy |
Upside Potential: | 56% |
Summary: | DIL’s strong brand recall coupled with deeper penetration and consumers shifting towards affordable branded quality products are strong macro tailwinds for the company. Currently the innerwear industry is witnessing a structural shift from unorganised to the organised sector. We expect DIL to benefit from this trend. |
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Reports By Brokerage: SMIFS
Buy Suprajit Engineering for Target Price of Rs 433 (32.8% gain): SMIFS | |
Company: | Suprajit Engineering |
Brokerage: | SMIFS |
Date of report: | November 2, 2022 |
Type of Report: | Result Update |
Recommendation: | Buy |
Upside Potential: | 32.8% |
Summary: | The company is putting good efforts to de-risk and grow beyond cables, this would provide additional growth opportunities. The company is moving up the value chain, rediscovering itself for a profitable growth ahead. It is capable to invest in complex & future-ready products. Maintain BUY rating! |
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Reports By Brokerage: SMIFS
TCI Express is well positioned to capitalize on the growing opportunities in the domestic logistics space: SMIFS | |
Company: | TCI Express |
Brokerage: | SMIFS |
Date of report: | November 1, 2022 |
Type of Report: | Result Update |
Recommendation: | Buy |
Upside Potential: | 14.5% |
Summary: | TCI Express is well positioned to capitalize on the growing opportunities in the domestic logistics space. The company to further strengthen its efficiencies and capabilities through automation, setting up new sorting centers, adding new branches and launch of new service. We have valued the stock at 40x Sep’24 EPS of Rs 54.2 (rollover from Mar ’24) to arrive at a target price of Rs 2,168, offering retun potential of ~14.5% and maintain an “Accumulate” rating on the stock |
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