Posts tagged SBICaps

SP Tulsian Recommends Blue-Chip MNC Multibagger Stock For 2018

SP Tulsian’s latest recomm endation is a high-quality MNC which is debt-free, fail-safe and a blue-chip multibagger stock. He has described the stock as a “new year gift” to us

SBICaps Report On The Best Sectors & Stocks To Invest In For 2014

SBI Caps have released a report on the best sectors to invest in for 2014. They have conducted an in-depth study of sectors like Banking/ NBFC, Pharma, Telecom, FMCG, Auto etc. They have also identified the best stocks in each sector that investors should invest in for 2014

Havells India: Add For A Target Price Of Rs. 604

We have already factored in 62% YoY de-growth in Sylvania’s PAT for F13e at Rs246.2mn. Domestic growth continues to be robust and we expect margins to remain stable for F13e and F14e. At the CMP of Rs555, Havells trades 17.5x / 13.9x its F13e / F14e EPS of Rs31.7 / 40. We maintain ADD rating on the company but lower our price target on the stock to Rs604

Godrej Properties: Buy For Target Price Of Rs. 695

While the company is facing some short term hurdles, we believe it is gearing up for a long term growth. Monetisation of commercial projects will remain key trigger for the company. We maintain out BUY rating on GPL with a price target of Rs695

Buy Power Grid For Target Price Of Rs. 126

At the CMP of Rs111, the stock is trading at a 2.0x and 1.7x on SSLe F13e and F14e BV. We believe, the company is trading at ~25% premium to NTPC’s valuation. We feel the premium valuation is justified

Buy IRB Infra For Target Price Of Rs. 175

At current price of Rs126 the stock is trading at 8.3x and 7.2x of its FY13E andFY14E earnings respectively whereas it is trading at 1.3x and 1.1x of P/BV multiple for the same period respectively. We have maintained overweight on the stock and recommend investors to buy the stock with price target of Rs175

Sell Tata Global Beverages For Target Price Of Rs. 89

We believe that high competitive intensity in USA and UK, requirements for high promotional spend in international markets and volatile commodity prices will limit stock outperformance in the near term