FinNifty Bear Spread Strategy with Risk Reward Ratio of 1:1.62 | |
Company: | Finnifty |
Brokerage: | HDFC Sec |
Date of report: | August 3, 2023 |
Type of Report: | Techno-Funda |
Recommendation: | Sell |
Upside Potential: | 3% |
Summary: | Technically, FinNifty has broken down from last three days of consolidation and formed a bear candle |
Full Report: | Click here to view full post with link to download pdf file |
Tags: | Finnifty, HDFC Sec |
HDFC Bank is a conviction buy for target price of Rs 2050 (26% upside): ICICI Direct | |
Company: | HDFC Bank |
Brokerage: | ICICI-Direct |
Date of report: | August 4, 2023 |
Type of Report: | Result Update |
Recommendation: | Buy |
Upside Potential: | 26% |
Summary: | Valuing the merged entity on SOTP basis assigning 2.5x FY25E ABV for lending business (merged basis) and ₹ 144 for subsidiaries arriving at a target of ₹ 2050 per share. Maintain BUY rating on the stock |
Full Report: | Click here to view full post with link to download pdf file |
Tags: | HDFC Bank, ICICI-Direct |
Nifty has entered bearish territory – Elliot wave perspective by HDFC Sec | |
Company: | Model Portfolio, Nifty |
Brokerage: | HDFC Sec |
Date of report: | August 4, 2023 |
Type of Report: | Techno-Funda |
Recommendation: | Sell |
Upside Potential: | 5.77% |
Summary: | Nifty Last Close – 19527 “Entered into bearish territory” |
Full Report: | Click here to view full post with link to download pdf file |
Tags: | Elliot wave, HDFC Sec, NIFTY |
Birlasoft has good growth prospects. Buy for target price of Rs 530 (23% upside): HDFC Sec | |
Company: | Birla Soft |
Brokerage: | HDFC Sec |
Date of report: | August 4, 2023 |
Type of Report: | Initiating Coverage |
Recommendation: | Buy |
Upside Potential: | 23% |
Summary: | Based on our mid-tier IT assessment framework, client cohort analysis and industry checks, we are positive about BSOFT’s growth prospects. We initiate on BSOFT with a BUY recommendation and a TP of INR 530, based on 21x Jun-25E with 20% EPS CAGR over FY23-26E |
Full Report: | Click here to view full post with link to download pdf file |
Tags: | Birlasoft India, HDFC Sec |
CDSL is the market leader in BO accounts with 73% market share. Buy for target price of Rs 1470: HDFC Securities | |
Company: | CDSL |
Brokerage: | HDFC Sec |
Date of report: | July 13, 2023 |
Type of Report: | Result Update |
Recommendation: | Buy |
Upside Potential: | 21% |
Summary: | We upgrade our rating to BUY from ADD and assign a TP of INR 1,470, based on 37x June-25E EPS. The stock has traded at an average 3Y/5Y 1-year forward P/E multiple of 42/32x. |
Full Report: | Click here to view full post with link to download pdf file |
Tags: | CDSL, HDFC Sec |
Nifty Bull Spread Strategy by HDFC Securities | |
Company: | Nifty |
Brokerage: | HDFC Sec |
Date of report: | July 13, 2023 |
Type of Report: | Techno-Funda |
Recommendation: | Buy |
Upside Potential: | 100% |
Summary: | Primary trend of the Nifty is bullish as it is trading above all its important moving averages. Breadth of the market is very strong, which indicates higher probability of Nifty breaking out from the range of 19300 to 19500 levels on the upside. Therefore, we expect Nifty to trend higher in the coming week till 20 July 2023 expiry |
Full Report: | Click here to view full post with link to download pdf file |
Tags: | HDFC Sec, NIFTY |
Delhivery Ltd is a BUY (HIGH CONVICTION IDEA): ICICI Direct | |
Company: | Delhivery Ltd |
Brokerage: | ICICI-Direct |
Date of report: | July 7, 2023 |
Type of Report: | Initiating Coverage |
Recommendation: | Buy |
Upside Potential: | 28% |
Summary: | Delhivery has shown strong growth and built a recognisable brand in a segment marred by intense competition and low barriers to entry. |
Full Report: | Click here to view full post with link to download pdf file |
Tags: | Delhivery Ltd, ICICI-Direct |
Kirloskar Brothers Ltd is well poised for further growth: Sharekhan | |
Company: | Kirloskar Brothers |
Brokerage: | Sharekhan |
Date of report: | July 11, 2023 |
Type of Report: | Result Update |
Recommendation: | Buy |
Upside Potential: | 23% |
Summary: | Despite a sharp run-up, KBL trades at an attractive valuation of ~18x FY2024E/~15x its FY2025E EPS. We expect Q1FY24E to be a strong quarter on all parameters and see potential upside of 23% from CMP. |
Full Report: | Click here to view full post with link to download pdf file |
Tags: | Kirloskar Brothers, Sharekhan |
Though Nifty Is at the highest level, Valuations far more reasonable now than that in Oct’21 high: Motilal Oswal | |
Company: | Model Portfolio |
Brokerage: | Motilal Oswal |
Date of report: | July 8, 2023 |
Type of Report: | Sector Report |
Recommendation: | Buy |
Upside Potential: | 100% |
Summary: | While Nifty-50 is at a new high and is creating a lot of buzz, the fact remains that on a two-year basis, it stands nearly flat (just up 4% from Oct’21 high); whereas its aggregate FY22/FY23 earnings are up ~38%/10% and that for MOFSL Universe are up 39%/10% over the same period. |
Full Report: | Click here to view full post with link to download pdf file |
Tags: | Model Portfolio |
Axis Securities has recommended 16 large-cap, mid-cap and small-cap stocks with up to 32% potential | |
Company: | Model Portfolio |
Brokerage: | Axis Securities |
Date of report: | July 5, 2023 |
Type of Report: | Model Portfolio |
Recommendation: | Buy |
Upside Potential: | 32% |
Summary: | Keeping these latest developments in view, we have made one change to our Top Picks recommendations. This includes booking profit in Dalmia Bharat and adding Rites Ltd. (Railways Infra consultancy). Our modifications reflect the changing market style and shift towards superior-quality and growth-oriented stocks |
Full Report: | Click here to view full post with link to download pdf file |
Tags: | Model Portfolio |