Saurabh Mukherjea has issued the soothing assurance that investors who have invested in consistent compounder stocks have nothing to worry about. These stocks are resilient and will bounce back into glory at the first signs of abatement of the CoronaVirus crisis
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- Senco Gold has significant re-rating scope. It is trading at a 45-55% discount to Titan/KalyanSenco Gold has significant re-rating scope. It is trading at a 45-55% discount to Titan/Kalyan & at ~25% discount to P N Gadgil. Given the strong execution & growth prospects the steep discount is unwarranted. Buy for TP ₹1600 (+14%) Report
- Buy Stovekraft for target price of ₹1350 & 56% upside potentialStovekraft is a challenger brand gunning for leadership position. It is growing significantly ahead of peers & is a market leader in several products. It has huge operating leverage play. Valuation is attractive, 35% EPS CAGR, robust FCF. TP ₹1350 (+56%) Download... Buy Stovekraft for target price of ₹1350 & 56% upside potential
- Bajaj Housing Finance has a target price of ₹210BHFL is in a league of its own with focus on the ‘desirable’ sweet spot of Rs 5mn which addresses 65% of home-loan aspirants. Co aims to be among top-4 mortgage players. Focus is on building a low-risk balance sheet with strong return ratios. TP ₹210 (27%) Download report... Bajaj Housing Finance has a target […]
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- Senco Gold has significant re-rating scope. Buy for target price of ₹1600 (14% upside): Emkay
- Stovekraft is a challenger brand gunning for leadership position. Buy for target price of ₹1350 (56% upside): Emkay
- Bajaj Housing Finance will be among top-4 mortgage players in the medium term. Buy for target price of ₹210 (27% upside): Philip Capital
- Aadhar is a large affordable HFC (Rs211 bn of AUM in FY2024, 7% market share in the affordable segment) with a long track-record, well-diversified geographical presence and customer profile. Buy for target price of ₹550 (41% upside): Kotak Institutional Equities
- HG Infra has strong balance sheet, return ratios and healthy working capital cycle. Buy for target price of ₹1885 (21% upside): ICICI Direct
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