3 Small & Midcap Stocks Where Sharekhan Has A "Buy" Call On
Sharekhan has come-out a few reports on select companies.Here are a few of
these where the brokerage has listed as a "buy".
Among these include names like GNA Axles, TCI Express and Dhampur Sugar
Mills.Buy the TCI Express Stock with a price target of Rs 2,070
Sharekhan has a "buy" on the stock of TCI Express with a price target of Rs 2070 on the stock.t.
"The continuous expansion by setting up new sorting centres and automation of existing centres, addition of new branches and scale up of new businesses would provide more than 20% net earnings CAGR over FY2023EFY2025E.
Further, TCI has a strong balance sheet, a healthy cash flow-generation capacity, and high return ratios.
Buy Dhampur Sugar Mills stock with a price target of Rs 260
Dhampur Sugar Mills is focusing on improving its growth prospects under a new management.
The long-term growth prospects of DSML are intact with a large focus on scaling up the ethanol and chemical business in the coming years.
We maintain our Buy recommendation on the stock with an unchanged price target of Rs. 260," the brokerage has said.
Buy the stock of Blue Star with a price target of Rs 1465
Blue Star is well poised to outperform the industry and its peers as it strengthens its manufacturing footprints and enhances its distribution network and product portfolio to increase its market share.
Similarly, the EMPS segment's growth prospects are brighter, given robust order book and continued traction in order inflows in domestic and international markets.
At current market price, the stock trades at ~28x FY2025E EPS.
Stocks are picked from the brokerage report of Sharekhan.The above-mentioned information is purely informational.
Greynium Information Technologies, the Author and the brokerage house are not liable for any losses caused as a result of decisions based on the article.
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By Sunil Fernandes Goodreturns