Stock Market Experts’ Advice for the week of 12 March to 16 March, 2018
What you can Buy or Sell? Top 7 stocks from different brokerage houses with their comments.
Research House: HDFC Securities
Market Price Rs.: 1915
1 Year Target Price Rs.: 2468
Potential Upside: 29%
Due to growth visibility, it’s an ideal case for rerating.
With 14% market share, it is one of the biggest tractor engine makers.
Once capex cycle is over, it may come out with buybacks.
Research House: Kotak Securities
Market Price Rs.: 1770
1 Year Target Price Rs.: 2250
Potential Upside: 27%
Trading at 22% discount to peers.
The valuation gap will narrow among Akzo and other players and this will be one of the key triggers for the stock.
Research House: Prabhudas Lilladher
Market Price Rs.: 666
1 Year Target Price Rs.: 837
Potential Upside: 26%
Unlike peers, Ipca Labs completed exhaustive remediation work, including remodeling of facilities.
So, expect re-approval of the facilities by the USFDA in 2018-19.
Research House: JP Morgan
Market Price Rs.: 148
1 Year Target Price Rs.: 185
Potential Upside: 25%
Recent stock price weakness, led by weak inflows and earnings miss in the December quarter makes it a buying opportunity.
Research House: Motilal Oswal
Market Price Rs.: 245
1 Year Target Price Rs.: 303
Potential Upside: 294
Despite the jump in market cap over the past decade, there is upside potential as it’s a structural growth story with a clear focus, execution in a niche market and planned expansions.
Apex Frozen Foods:
Research House: Reliance Securities
Market Price Rs.: 664
1 Year Target Price Rs.: 818
Potential Upside: 23%
Increasing demand for Indian shrimp in the US and EU.
Commissioning new capacities, improved product mix and high operating leverages will be key growth drivers for the company.
Research House: IIFL
Market Price Rs.: 515
1 Year Target Price Rs.: 500
Potential Upside: -3%
Downgrade to REDUCE.
Downgraded earning per share estimate on account of ongoing challenges in the US business, risk to Levulan’s profits and continued investments in the specialty business.
CMP as on 8-March-2018
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My descriptions, videos, presentations are only for educational and information purposes and under no circumstances should be used for making investment decisions. I cannot guarantee the accuracy of any information provided.
The stocks picks are based on my own research and personal views and sometimes are from newspapers, tv channel program, magazines, etc. No part of compensation is or will be directly or indirectly related to the views and recommendations of this research. I have not served as an officer director or employee of company and have not been engaged in market – making activity of the company covered in the research report.
Consult qualified financial advisor before making any investment decision.