| Hindware Home Innovation is a buy for target price of Rs 637 (34% upside): Nuvama | |
| Company: | Hindware Home Innovation |
| Brokerage: | Nuvama |
| Date of report: | November 10, 2023 |
| Type of Report: | Result Update |
| Recommendation: | Buy |
| Upside Potential: | 34% |
| Summary: | From being a manufacturer of just one product, HINDWARE has grown significantly to gain market leadership in sanitary ware and is a major faucet ware player. |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Hindware Home Innovation |
| Nifty is trading at a 12- month forward P/E of 17.6x, which is at a 13% discount to its 10-year average. Top 10 stocks to buy for up tp 38% upside by MOFSL | |
| Company: | Model Portfolio |
| Brokerage: | Motilal Oswal |
| Date of report: | November 11, 2023 |
| Type of Report: | Model Portfolio |
| Recommendation: | Buy |
| Upside Potential: | 38% |
| Summary: | Our last year’s Diwali picks have done well, with some of our ideas, such as L&T (+58%), IDFC First (+48%), Lemon Tree (+38%) generating superior returns compared to Nifty’s gain of 10% |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Model Portfolio, Motilal Oswal |
| 10 stocks recommended with robust fundamentals and margin of safety in valuation to offer superior returns to investors by HDFC Sec | |
| Company: | Model Portfolio |
| Brokerage: | HDFC Sec |
| Date of report: | October 31, 2023 |
| Type of Report: | Model Portfolio |
| Recommendation: | Buy |
| Upside Potential: | 100% |
| Summary: | Going forward, we expect markets to be volatile till the 1st half of 2024 even as the outcome of state and Central elections will be watched closely as would be the repercussions of the two geo political events. Though the local fund inflows have remained robust, we would need resumption of FPI flows once the global risk appetite revives. We continue to favour domestic oriented businesses and favour opportunities in the sectors like Materials, Pharma, Oil & gas, Small Finance banks, Petrochemicals, consumption, Power EPC and restructuring plays for the next year. With a focus on these themes, here are our 10 picks for Samvat 2080. These stocks have robust fundamentals and some margin of safety in their valuation to offer superior returns to investors. |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Model Portfolio |
| Gabriel India Ltd is favourably positioned as key clients in ICE & EV gaining market share! Buy for target price of Rs 341 (20% upside): SMIFS | |
| Company: | Gabriel India Ltd |
| Brokerage: | SMIFS |
| Date of report: | November 3, 2023 |
| Type of Report: | Result Update |
| Recommendation: | Buy |
| Upside Potential: | 20% |
| Summary: | We are strongly convinced of the company’s competitive position, and is well placed for the mid-to-long term growth opportunities. It’s a debt-free and has always generated positive cash flows in the last 11 years |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | gabriel india, SMIFS |
| Nifty target is at 21500 (20x FY25 EPS). Top 7 stock recommendations with up to 35% upside by ICICI-Direct | |
| Company: | Model Portfolio |
| Brokerage: | ICICI-Direct |
| Date of report: | November 3, 2023 |
| Type of Report: | Model Portfolio |
| Recommendation: | Buy |
| Upside Potential: | 35% |
| Summary: | We continue to see reasonable opportunities across the market spectrum with key filter being quality. We continue to advise investors to utilise equities as a key asset class for long term wealth generation by investing in quality companies with 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, Model Portfolio |
| Long-Term Stock Ideas of Companies with higher growth potential with reasonable valuations by AXIS Securities | |
| Company: | Model Portfolio |
| Brokerage: | Axis Securities |
| Date of report: | November 3, 2023 |
| Type of Report: | Model Portfolio |
| Recommendation: | Buy |
| Upside Potential: | 34% |
| Summary: | Our Last year’s Performance. Astounding Returns of 28% since last Diwali vs the Nifty 50 return of 9%. Target achieved for 7 calls out of 9 calls with superior margins. However, status is open from the long-term perspective. |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Model Portfolio |
| Engineers India is a High Conviction Buy Idea for target price of Rs 160 (25% upside): Strong growth available at attractive valuations: ICICI Direct | |
| Company: | Engineers India Ltd |
| Brokerage: | ICICI-Direct |
| Date of report: | October 30, 2023 |
| Type of Report: | Result Update |
| Recommendation: | Buy |
| Upside Potential: | 25% |
| Summary: | With strong order inflows in FY23-Q1FY24, better segment mix, focus on new export markets we believe company’s financial performance to improve significantly over FY23-25E as compared to FY20-23. Revenue and PAT are expected to register 15.5% and 23.1% CAGR over FY23-FY25E, respectively. |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Engineers India Ltd, ICICI-Direct |
| We are strongly convinced on Gabriel India’s competitive position, key clients, market share. Buy for target price of Rs 409 (27% upside) | |
| Company: | Gabriel India Ltd |
| Brokerage: | SMIFS |
| Date of report: | October 23, 2023 |
| Type of Report: | Initiating Coverage |
| Recommendation: | Buy |
| Upside Potential: | 27% |
| Summary: | We trust Gabriel has a very promising future on account of 1) benefits due to sustained demand recovery in the coming years across automobile segments, 2) well-diversified product portfolio, 3) key customers gaining share, 4) winning new orders from electric vehicle OEMs, 5) steady revenue growth visibility into the aftermarket sales, 6) entering into high growth, better margin products viz. automotive sunroof, and we anticipate further introduction of new technology agnostic products to drive growth higher than the industry |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | gabriel india, SMIFS |
| LTFH is well on track in line with Lakshya 2026. Buy for target price of Rs 155 (17% upside) | |
| Company: | L&T Finance |
| Brokerage: | Sharekhan |
| Date of report: | October 23, 2023 |
| Type of Report: | Result Update |
| Recommendation: | Buy |
| Upside Potential: | 17% |
| Summary: | At the CMP, the stock trades at 1.2x/1.1x FY2025E/FY2026E BV estimates. LTFH is well on track in line with Lakshya 2026 to transform into the retail franchise. |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | L&T Finance, Sharekhan |
| Action Construction Equipment (ACE) is well positioned to benefit from strong industry tailwinds. Buy for target price of Rs 910 (23% upside) | |
| Company: | Action Construction Equipment (ACE) |
| Brokerage: | ICICI-Direct |
| Date of report: | October 23, 2023 |
| Type of Report: | Result Update |
| Recommendation: | Buy |
| Upside Potential: | 23% |
| Summary: | ACE is well positioned to ride the strong demand cycle in its product segments in both domestic & exports market, new product developments. We believe company’s operational and financial performance to improve significantly in the coming period |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Action Construction Equipment (ACE), ICICI-Direct |