Reports On Company: Nifty
Nifty target is at 20,000 i.e. 21x PE on FY24E EPS of Rs 950: ICICI Direct | |
Company: | Model Portfolio, Nifty |
Brokerage: | ICICI-Direct |
Date of report: | November 17, 2022 |
Type of Report: | Model Portfolio |
Recommendation: | Buy |
Upside Potential: | 100% |
Summary: | With capex cycle revival under way domestically and increasing acceptance of India as a credible, quality driven manufacturing hub (export opportunity), we stay constructive on overall markets. We believe any dips should be used to build a long term portfolio of quality companies that have lean balance sheets, are capital efficient in nature and possess growth longevity |
Full Report: | Click here to view full post with link to download pdf file |
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