IIFL has identified two stocks which they claim will give handsome profits in the short-term
IIFL has identified two stocks which they claim will give handsome profits in the short-term
TVS Srichakra – BUY
CMP Rs987, Target Rs1,150, Upside 16.5%
– Proxy play on domestic two-wheeler growth
– Re-building brand for the aftermarket business
– Exports provide good opportunities
– Soft rubber prices, better geographic mix to margin expansion
Click here For the detailed report on the same.
IPCA Laboratories – BUY
CMP Rs796, Target Rs885, Upside 11.2%
– Management confident of Ratlam facility resolution
– Domestic branded formulations back on growth path
– Strong ex-US growth, valuation supportive at ~16x FY16: BUY
