Going ahead, we expect Nifty 50 to form a higher base while holding the key support zone of 23,700-23,500, which would set the stage for challenging immediate hurdle of 24,500 and eventually head towards 25, 000 in the month of December. Hence, dips should be utilized to accumulate quality stocks in a staggered manner
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- IPCA Labs’ brand-building strength will drive outperformance. TP ₹1800 (20%)IPCA Labs’ brand-building strength will drive outperformance. Synergies from Unichem integration will accelerate earnings. IPCA will trade at premium to historical range led by strong visibility of earnings growth acceleration (38% CAGR). TP ₹1800 (20%) Download research report... IPCA Labs’ brand-building strength will drive outperformance. TP ₹1800 (20%)
- DCB Bank is set to reclaim its great growth legacy. TP ₹169 (39%)DCB Bank is set to reclaim its great growth legacy. The Banking sector is in the midst of a perfect storm. However, DCB is well-positioned to bravely surmount the challenges & serve as a ‘beacon’ of growth & continue its legacy of doubling the loan book in 3-4 years. TP ₹169 (39%) Download research report... […]
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