| GREENPANEL INDUSTRIES has a Long runway before takeoff. Buy for Target Price of Rs 595 (54% Upside) | |
| Company: | GREENPANEL INDUSTRIES |
| Brokerage: | BOB Capital |
| Date of report: | December 6, 2022 |
| Type of Report: | Result Update |
| Recommendation: | Buy |
| Upside Potential: | 54% |
| Summary: | GREENP is trading at ~15x FY24E EPS which is attractive given GREENP’s strong growth prospects, leadership position in MDF, and an improving balance sheet and return ratios |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | BOB Capital Markets, GREENPANEL INDUSTRIES |
| Godawari Power is a Trading Buy with Expected Return of 61%: Edelweiss | |
| Company: | Godavari Power & Ispat |
| Brokerage: | Edelweiss |
| Date of report: | December 8, 2022 |
| Type of Report: | Techno-Funda |
| Recommendation: | Buy |
| Upside Potential: | 61% |
| Summary: | Godawari Power & Ispat (GPIL) is a fully backward-integrated steel company with strong presence across the value chain—from operating captive iron-ore mines to manufacturing and selling value-added steel products. The company is one of the largest pellet manufacturers in India and India’s only manufacturer of high-grade pellets |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Edelweiss, Godavari Power & Ispat |
| 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: | Sector 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 |
| 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. |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Model Portfolio, SMIFS |
| Devyani International riding on the strong business momentum in core brand business. Buy for target of Rs 220: HDFC Securities | |
| Company: | Devyani International Ltd |
| Brokerage: | HDFC Sec |
| Date of report: | November 30, 2022 |
| Type of Report: | Initiating Coverage |
| Recommendation: | Buy |
| Upside Potential: | 18% |
| Summary: | A strong recovery in the out-of-home consumption, rising traction for branded products, aggressive store expansion plans, value proposition through an innovated menu and widening delivery reach will help DIL’s revenues clock a CAGR of 36% over FY22-24E (~23% increase due to store count) |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Devyani International Ltd, HDFC Sec |
| Buy One 97 Communications (Paytm) for target price of Rs 1285 (156% Gain): ICICI Securities | |
| Company: | ICICI Securities, One 97 Communications (Paytm) |
| Brokerage: | One 97 Communications (Paytm) |
| Date of report: | December 2, 2022 |
| Type of Report: | Result Update |
| Recommendation: | Buy |
| Upside Potential: | 156% |
| Summary: | Management expects positive FCF generation in 12-18 months; no onerous outcome of regulatory observations |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | ICICI Securities, One 97 Communications (Paytm) |
| Current valuations of RBL Bank provide for an attractive entry point for investing in the stock: Ventura | |
| Company: | RBL Bank |
| Brokerage: | Ventura |
| Date of report: | November 28, 2022 |
| Type of Report: | Initiating Coverage |
| Recommendation: | Buy |
| Upside Potential: | 70.8% |
| Summary: | In our opinion, the current valuations provide for an attractive entry point for investing in the stock with a good risk-return profile over the next 2 years. We initiate coverage on RBL with a BUY for a price target of INR 256.2 (~1.0x FY25 P/B) which represents a potential upside of 70.8% from the CMP over the next 24 months |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | RBL Bank, Ventura |
| 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: | Sector 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 |
| Rollover Analysis. Bulls are in the Driver’s Seat: Edelweiss | |
| Company: | Model Portfolio |
| Brokerage: | Edelweiss |
| Date of report: | November 25, 2022 |
| Type of Report: | Techno-Funda |
| Recommendation: | Buy |
| Upside Potential: | 100% |
| Summary: | Bullish momentum which spilled over from October series in the form of short covering was held intact as bulls were unperturbed by any worries on global front. November series also witnessed fresh All time highs being registered on a closing basis. Bullish sentiments were distinctly visible as participants were confident of rolling over their bullish bets which was evident in high roll cost in Nifty. Last time Nifty had witnessed such a high roll cost was way back in September’20 series. |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Model Portfolio, rollover analysis |
| ROLLOVER ANALYSIS. REMAIN BULLISH AND USE ANY CORRECTIONS TO ACCUMULATE LONG POSITIONS WITH SL OF 18000: HDFC Sec | |
| Company: | Model Portfolio |
| Brokerage: | HDFC Sec |
| Date of report: | November 25, 2022 |
| Type of Report: | Techno-Funda |
| Recommendation: | Buy |
| Upside Potential: | 100% |
| Summary: | To Sum it up, Lower stock Futures’ Open Interest (compared to all time highs), Lower Open Interest in the Nifty Futures’ as compared to last 17 year average OI of 2.08 Cr shares despite Nifty near all time highs, FIIS long to short ratio in the Index Futures at 3.28 (Aggressive Long build up by FIIS in the Index Futures segment), aggressive Put writing at 18000 levels and strong recovery in the global markets from the recent lows indicates that downside is limited in the Nifty and one should remain optimistic for the December series also. |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | HDFC Sec, technical analysis |