Reports in category Sector Report
| Review of 9 Top FMCG stocks like HUL, ITC, Nestle, Colgate with Buy/ Sell recommendation by HDFC Securities | |
| Company: | Model Portfolio, Top FMCG Stocks |
| Brokerage: | HDFC Sec |
| Date of report: | June 2, 2023 |
| Type of Report: | |
| Recommendation: | Buy |
| Upside Potential: | 100% |
| Summary: | We believe there will be no more pressure on earnings for FMCG companies in FY24 (earnings cut cycle is behind) while both revenues and margins should see an uptrend. We remain cautious and selective on valuation for the medium term (do not see rerating as a story); however, earnings pick-up in FY24 will continue to support FMCG stocks. We rate ITC, Dabur, GCPL, Marico, UNSP, and Colgate as ADD and HUL, Nestle, Britannia, Emami, and Radico as REDUCE |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | HDFC Sec, Top FMCG Stocks |
| Nifty rolling 12 months’ index target is 21,500 valuing it at 20x PE on FY25 Nifty EPS of Rs 1,080. Sensex target is 71,600: ICICI Direct | |
| Company: | Model Portfolio, Nifty |
| Brokerage: | ICICI-Direct |
| Date of report: | June 1, 2023 |
| Type of Report: | |
| Recommendation: | Buy |
| Upside Potential: | 100% |
| Summary: | Rolling over our valuations, we retain our Nifty target at 21,500 valuing it at 20x PE on FY25 Nifty EPS of | 1,080. Corresponding target for the Sensex is at 71,600. These are our rolling 12 months’ index target |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Model Portfolio, Nifty Sensex |
| Thematic report on the Hotels Sector (Indian Hotels & Lemon Tree) by HDFC Sec | |
| Company: | Indian Hotels, Lemon Tree Hotels, Model Portfolio |
| Brokerage: | HDFC Sec |
| Date of report: | January 27, 2023 |
| Type of Report: | |
| Recommendation: | Buy |
| Upside Potential: | 44% |
| Summary: | India’s hotel industry has witnessed a robust turnaround in demand after the pandemic, led by the rising discretionary spending on tours and travels, revenge tourism, improving economic environment fuelling corporate travels and revival of mega wedding season and other cultural events |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Indian Hotels, Lemon Tree Hotels, Model Portfolio |
| Risk reward still favours PSU bank valuations. Top 3 Stock Picks By ICICI Direct | |
| Company: | Model Portfolio, PSU Banks |
| Brokerage: | ICICI-Direct |
| Date of report: | December 22, 2022 |
| Type of Report: | |
| Recommendation: | Buy |
| Upside Potential: | 27% |
| Summary: | A stellar run up by PSU banks had all eyes glued towards them. We tried to analyse the factors leading to the rally and what is in store ahead |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | ICICI-Direct, Model Portfolio, PSU, PSU Banks |
| Top 4 Chemical Stock Picks By Nirmal Bang | |
| Company: | Specialty Chemicals |
| Brokerage: | Nirmal Bang |
| Date of report: | December 21, 2022 |
| Type of Report: | |
| Recommendation: | Buy |
| Upside Potential: | 100% |
| Summary: | We are positive on the CSM leader PI Industries and CPC companies UPL and Sumitomo Chemical India (SCIL), with new product launches, pricing power and long runway for growth. Potential catalysts are a likely PLI scheme for Agrochemicals and concessions related to tariff restructuring to support value addition CPC. Key ‘BUYs’ are PI Industries and UPL in large caps and SCIL in midcaps- on dips. Coromandel International (CRIN) is a value Buy |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Best Agro Chemicals stocks to buy, Nirmal Bang |
| Catalysts for growth in place for Chemicals stocks. Seven stocks to buy: HDFC Securities | |
| Company: | Model Portfolio, Specialty Chemicals |
| Brokerage: | HDFC Sec |
| Date of report: | December 5, 2022 |
| Type of Report: | |
| Recommendation: | Buy |
| Upside Potential: | 46% |
| Summary: | The chemical industry’s growth is not hostage to any one economic parameter or any one end-user industry. Rising domestic demand and the need to evolve have forced domestic chemical companies to expand their capacities to remain competitive. Our positive stance on the sector is backed by its strong growth, aided by diversity in terms of chemistries and/or technologies |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Model Portfolio, Speciality Chemicals |
| IT is a secular growth sector. Valuations are now reasonable: Edelweiss | |
| Company: | IT Sector |
| Brokerage: | Edelweiss |
| Date of report: | November 24, 2022 |
| Type of Report: | |
| Recommendation: | Buy |
| Upside Potential: | 100% |
| Summary: | IT sector at reasonable valuations: We elaborated earlier that IT stock’s valuation has corrected 17%-49% and Nifty IT index valuation corrected by 27%. Since then, valuations have inched up but valuation is broadly within the reasonable band (albeit at higher side of the band) adjusted for RoCE & growth rate expansion post-pandemic. |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Edelweiss, IT Sector |
| Edelweiss report on InfoTech sector with list of best large-cap & mid-cap stocks to buy now | |
| Company: | Infosys, IT Sector, Tech Mahindra |
| Brokerage: | Edelweiss |
| Date of report: | May 30, 2022 |
| Type of Report: | |
| Recommendation: | Buy |
| Upside Potential: | 100% |
| Summary: | Based on valuation correction and expected likelihood broadly unchanged guidance/commentary in 1QFY23. Our preferred pick to play IT stocks in near terms is Infosys (valuations corrected 26%, price by 18%) and TECHM (valuation down 38%, price – 32%) among large caps. Among mid-caps preferred picks are: LTI (valuation -49%, price – 42%) and LTTS (valuation -33%, price -23%). Under volatile/uncertain scenario, we prefer large caps or large mid-caps over small caps |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | IT Sector |
| Review Of 5 Top Specialty Ingredients Stocks By Nirmal Bang | |
| Company: | Model Portfolio, specialty ingredients |
| Brokerage: | Nirmal Bang |
| Date of report: | September 24, 2021 |
| Type of Report: | |
| Recommendation: | Buy |
| Upside Potential: | 25% |
| Summary: | Challenging environment could be an opportunity for select companies to gain market share |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Model Portfolio, Nirmal Bang, specialty ingredients |
| Revised Nifty target is at 17,930 (22x P/E on FY23E EPS of Rs 815). Sensex target level is 59,800: ICICI Direct | |
| Company: | Model Portfolio |
| Brokerage: | ICICI-Direct |
| Date of report: | September 9, 2021 |
| Type of Report: | Model Portfolio |
| Recommendation: | Buy |
| Upside Potential: | 100% |
| Summary: | Positivity remains, stock specific action to prevail… |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | ICICI-Direct, Model Portfolio, NIFTY |