Buy Suzlon Energy for target price of Rs 22 (47% upside): ICICI Securities | |
Company: | suzlon energy |
Brokerage: | ICICI Securities |
Date of report: | June 29, 2023 |
Type of Report: | Initiating Coverage |
Recommendation: | Buy |
Upside Potential: | 46% |
Summary: | Suzlon is best equipped to benefit from industry tailwinds. We expect a sharp uptick in earnings FY24E onwards. Initiate with BUY and a target price of Rs 22 per share (assigning a multiple of 24x FY25E EPS). |
Full Report: | Click here to view full post with link to download pdf file |
Tags: | ICICI Securities, suzlon eneegy |
STOCK FUTURES OPEN INTEREST AT ALL TIME HIGH LEVELS. REMAIN BULLISH WITH TRAILING SL OF 18500: HDFC Sec | |
Company: | Model Portfolio |
Brokerage: | HDFC Sec |
Date of report: | July 1, 2023 |
Type of Report: | Techno-Funda |
Recommendation: | Buy |
Upside Potential: | 100% |
Summary: | Historically Nifty has never risen for four series on the trot since June 2017 and therefore history suggests, there is a higher possibility of profit booking in the July series after three series of consecutive gains. Therefore our advise is to book profits in long positions on any rally towards 19200-19500 levels to re-enter at lower levels |
Full Report: | Click here to view full post with link to download pdf file |
Tags: | HDFC Sec, Model Portfolio |
Latest List Of High Dividend Yield Stocks (25 June 2023) By HDFC Sec | |
Company: | Model Portfolio |
Brokerage: | HDFC Sec |
Date of report: | June 26, 2023 |
Type of Report: | Model Portfolio |
Recommendation: | Buy |
Upside Potential: | 14.7% |
Summary: | table of companies (CNX 500 stocks) that offer dividend yield of 3.00% and above |
Full Report: | Click here to view full post with link to download pdf file |
Tags: | HDFC Sec, High Dividend Yield, Model Portfolio |
Sell Mazagon Dock Shipbuilders for Target price Rs 600: ICICI Securities | |
Company: | mazagon dock |
Brokerage: | ICICI Securities |
Date of report: | June 3, 2023 |
Type of Report: | Result Update |
Recommendation: | Sell |
Upside Potential: | -42% |
Summary: | MDSL’s lack of order visibility offsets its near-term robust revenue estimate. As a result, we perceive unfavourable risk-reward at CMP. We maintain SELL on MDSL stock with an unchanged TP of Rs600 (based on DCF methodology) |
Full Report: | Click here to view full post with link to download pdf file |
Tags: | ICICI Securities, mazagon dock |
Review of 9 Top FMCG stocks like HUL, ITC, Nestle, Colgate with Buy/ Sell recommendation by HDFC Securities | |
Company: | Model Portfolio, Top FMCG Stocks |
Brokerage: | HDFC Sec |
Date of report: | June 2, 2023 |
Type of Report: | Sector Report |
Recommendation: | Buy |
Upside Potential: | 100% |
Summary: | We believe there will be no more pressure on earnings for FMCG companies in FY24 (earnings cut cycle is behind) while both revenues and margins should see an uptrend. We remain cautious and selective on valuation for the medium term (do not see rerating as a story); however, earnings pick-up in FY24 will continue to support FMCG stocks. We rate ITC, Dabur, GCPL, Marico, UNSP, and Colgate as ADD and HUL, Nestle, Britannia, Emami, and Radico as REDUCE |
Full Report: | Click here to view full post with link to download pdf file |
Tags: | HDFC Sec, Top FMCG Stocks |
Nifty rolling 12 months’ index target is 21,500 valuing it at 20x PE on FY25 Nifty EPS of Rs 1,080. Sensex target is 71,600: ICICI Direct | |
Company: | Model Portfolio, Nifty |
Brokerage: | ICICI-Direct |
Date of report: | June 1, 2023 |
Type of Report: | Sector Report |
Recommendation: | Buy |
Upside Potential: | 100% |
Summary: | Rolling over our valuations, we retain our Nifty target at 21,500 valuing it at 20x PE on FY25 Nifty EPS of | 1,080. Corresponding target for the Sensex is at 71,600. These are our rolling 12 months’ index target |
Full Report: | Click here to view full post with link to download pdf file |
Tags: | Model Portfolio, Nifty Sensex |
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: | May 26, 2023 |
Type of Report: | Techno-Funda |
Recommendation: | Buy |
Upside Potential: | 100% |
Summary: | Higher open Interest in the Nifty Futures’ as compared to last series (long rollover), Lower stock Futures’ Open Interest (compared to all time highs) despite sharp rise in the Nifty from March 2023 lows, FIIS long to short ratio in the Index Futures at 1.36 (Long build up by FIIS in the Index Futures segment) and aggressive Put writing at 18000 levels indicates that downside is limited in the Nifty and one should continue to remain optimistic for the June series. |
Full Report: | Click here to view full post with link to download pdf file |
Tags: | HDFC Sec, Model Portfolio |
AIA Engineering’s Healthy realization and volume growth to sustain. Buy for target price of Rs 3420: Centrum | |
Company: | AIA Engineering |
Brokerage: | Centrum |
Date of report: | May 26, 2023 |
Type of Report: | Result Update |
Recommendation: | Buy |
Upside Potential: | 18% |
Summary: | AIAE’s technological leadership in high chrome mill internals, strong growth opportunity in mining sector and superior financial metrics are key business moats |
Full Report: | Click here to view full post with link to download pdf file |
Tags: | AIA Engineering, Centrum |
Astral Ltd is superior in every respect; outlook strong. Buy for target price of Rs INR 1,983: Nuvama | |
Company: | Astral Ltd |
Brokerage: | Nuvama |
Date of report: | May 18, 2023 |
Type of Report: | Result Update |
Recommendation: | Buy |
Upside Potential: | 18% |
Summary: | We remain positive on ASTRA given its: i) market share gains in the core plastic piping business; ii) strong brand recall; iii) product launches (it recently forayed into faucets and sanitaryware, tanks, infrastructure pipes, DWV piping system, valves, and paints to increase its addressable market); iv) strong cash flow and net debt-free Balance Sheet, with an improvement in working capital; and v) robust growth in the adhesives business |
Full Report: | Click here to view full post with link to download pdf file |
Tags: | astral, Nuvama |
S.J.S. Enterprises Ltd (Ashish Kacholia Portfolio Stock) has clean & clear visible growth triggers. Buy for TP of Rs 593 (+33%): SMIFS | |
Company: | S.J.S. Enterprises |
Brokerage: | SMIFS |
Date of report: | January 30, 2023 |
Type of Report: | Initiating Coverage |
Recommendation: | Buy |
Upside Potential: | 33% |
Summary: | We are of the opinion that SJS at ease will be able to achieve PAT growth @18% CAGR FY22-FY25e with sustainable margin of about 25%+ level. Over & above, the team is aggressively hunting for inorganic acquisition, which can add a new wing in either technology, futuristic products, markets and/or customers |
Full Report: | Click here to view full post with link to download pdf file |
Tags: | S.J.S. Enterprises, SMIFS |