| Top 10 Mahurat Picks By ICICI Direct | |
| Company: | Diwali Dhamaka, Model Portfolio |
| Brokerage: | ICICI-Direct |
| Date of report: | October 12, 2022 |
| Type of Report: | Model Portfolio |
| Recommendation: | Buy |
| Upside Potential: | 100% |
| Summary: | Given the scenario, we see reasonable opportunities across the market spectrum with key filter being quality. We continueto advise investors to utilise equities as a key asset class for long term wealth generation by investing in quality companieswith strong earnings growth and visibility, stable cash flows, RoE and RoCE. |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Diwali Picks, ICICI-Direct, Model Portfolio |
| Analysis of the prospects of 11 Specialty Chemicals companies by ICICI Securities | |
| Company: | Model Portfolio, Specialty Chemicals |
| Brokerage: | ICICI Securities |
| Date of report: | October 11, 2022 |
| Type of Report: | Model Portfolio |
| Recommendation: | Buy |
| Upside Potential: | 100% |
| Summary: | We estimate our specialty chemical coverage universe revenue to grow 19.3% YoY (down 0.6% QoQ) in Q2FY23, partly on rise in prices due to input cost inflation. Gross profit to grow 22.7% YoY (down 1.4% QoQ, largely due to seasonality), which indicates strong underlying trend led by our expectation of 1) SRF’s robust growth (36.7% YoY) on continuous good show in ref-gas, offset by weakness in non-chemicals business |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Speciality Chemicals |
| DIWALI PICKS (Large-Cap, Mid-Cap and Small-Cap stocks) by Nirmal Bank | |
| Company: | Model Portfolio |
| Brokerage: | Nirmal Bang |
| Date of report: | October 12, 2022 |
| Type of Report: | Model Portfolio |
| Recommendation: | Buy |
| Upside Potential: | 43% |
| Summary: | Selection of 5 large-cap stocks and 7 Mid and small-cap stocks across various diversified sectors such as Pharma, FMCG, Banking, Cement, Autos etc with up to 43% potential gain |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Diwali Dhamaka |
| Jubilant Foodworks Limited is a hot pick with 41% upside potential: Bonanza | |
| Company: | Jubilant Foodworks |
| Brokerage: | Bonanza |
| Date of report: | October 4, 2022 |
| Type of Report: | Initiating Coverage |
| Recommendation: | Buy |
| Upside Potential: | 41% |
| Summary: | Strong cost control and management focus on aggressive store additions along with thrust on digital & tech initiatives were key positives providing strong growth outlook. The resultant robust performance in Q1 FY23 led by strong Revenue growth, recovery in LFL growth and positive expectations from the new brands portfolio makes JFL a hot pick. |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Bonanza, Jubilant Foodworks |
| Six High-Conviction Stock Ideas By KR Choksey | |
| Company: | Model Portfolio |
| Brokerage: | KR Choksey |
| Date of report: | October 3, 2022 |
| Type of Report: | Model Portfolio |
| Recommendation: | Buy |
| Upside Potential: | 100% |
| Summary: | High Conviction Stocks Idea Attributes • Company: a) Sound / resilient business; b) Consistent strong financials; c) High growth potential; and d) High return on invested capital • Industry: a) Market leaders / Strong brand value; b) High growth opportunities; c) Strong entry barriers • Management: a) Visionary Leadership; b) Strong & Effective Management; and c) High corporate access, including promoters and CXOs |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | KR Choksey, Model Portfolio |
| Buy Hindustan Aeronautics for Target Price of Rs 2655: ICICI Securities | |
| Company: | Hindustan Aeronautics, ICICI Securities |
| Brokerage: | ICICI Securities |
| Date of report: | August 30, 2022 |
| Type of Report: | Result Update |
| Recommendation: | Buy |
| Upside Potential: | 15% |
| Summary: | HAL has hired BCG for consultation to identify areas of potential diversification, business strategy, internal restructuring and improving operational efficiency. Some of the areas of diversification are civil MRO, passenger-to-freight conversion of aircraft, UAV simulators, etc. for capturing additional revenues. |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Hindustan Aeronautics, ICICI Securities |
| AGS Transact Technologies is a BUY for 48% Upside: HDFC Securities | |
| Company: | AGS Transact Technologies |
| Brokerage: | HDFC Sec |
| Date of report: | September 23, 2022 |
| Type of Report: | Initiating Coverage |
| Recommendation: | Buy |
| Upside Potential: | 48% |
| Summary: | AGS Transact Technologies Ltd (AGS) is the second largest ATM outsourcing and cash management player in India, with a 15/30% market share. The company has been able to sustain the impact of COVID-19 (ATM transactions declined by ~30%), supported by its strong and sticky relationship with top Indian banks and upward revision in interchange fees by ~14% by the regulator |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | AGS Transact Technologies, HDFC Sec |
| GREENPANEL INDUSTRIES has leadership position in the MDF market, improving balance sheet: BobCaps | |
| Company: | GREENPANEL INDUSTRIES |
| Brokerage: | BOB Capital |
| Date of report: | September 8, 2022 |
| Type of Report: | Result Update |
| Recommendation: | Buy |
| Upside Potential: | 35% |
| Summary: | Despite a strong Q1FY23, stock performance has remained lacklustre owing to management’s “over-cautious” guidance. GREENP is trading at 17x FY24E EPS. We continue to value the stock at 23x FY24E EPS, a 34% discount to peer CPBI, and retain our TP of Rs 595 with a BUY rating. We like the company for its a leadership position in the MDF market, improving balance sheet and commendable improvement in working capital discipline and return ratios |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | BOB Capital Markets, GREENPANEL INDUSTRIES |
| Repco Home Finance: Business franchise is currently undervalued: ICICI Securities | |
| Company: | Repco Home Finance |
| Brokerage: | ICICI Securities |
| Date of report: | August 13, 2022 |
| Type of Report: | Result Update |
| Recommendation: | Buy |
| Upside Potential: | 100% |
| Summary: | Under the leadership of new MD & CEO, Mr. K. Swaminathan, growth strategy seems to be delivering the right results. Company’s business franchise is currently undervalued – the stock trades below its FY23E book and at 3.4x FY23E earnings, and is available at <0.1x AUM. Maintain BUY with an unchanged target price of Rs470, assigning 1.1x Sep’23E book value |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | ICICI Securities, Repco Home Finance |
| Nifty Target (using FY24E EPS) is 19,425: ICICI Direct | |
| Company: | Index, Model Portfolio |
| Brokerage: | ICICI-Direct |
| Date of report: | August 19, 2022 |
| Type of Report: | Model Portfolio |
| Recommendation: | Buy |
| Upside Potential: | 100% |
| Summary: | Present market offers an attractive risk-reward play to build a long term portfolio of quality companies, which have lean balance sheets, are capital efficient in nature and have growth longevity |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | ICICI-Direct, Model Portfolio |