Recos
Hold Avenue Supermarts, target price Rs 3,880: JM Financial
JM Financial recommends a 'hold' on Avenue Supermarts, setting a target price of Rs 3,880. Despite a 17% revenue increase driven by new store openings and improved revenue per square foot, front-loaded store costs and margin pressures may impact profitability. The company reported a consolidated total income of Rs 15996.
I-Sec initiates coverage on Adani Green with a Buy call, target price Rs 1,150
ICICI Securities has initiated coverage on Adani Green Energy with a 'buy' call, setting a target price of Rs 1,150, significantly higher than the current market price of Rs 881.95. This recommendation is based on India's projected need for substantial renewable energy capacity additions to meet carbon emission goals, estimating roughly 48-50GW of renewables capacity per annum till FY32.
Buy Century Plyboards, target price Rs 1,005: HDFC Securities
HDFC Securities suggests buying Century Plyboards shares, targeting Rs 1,005. The current market price is Rs 677.3. In Q3 2024, Century Plyboards reported a consolidated total income of Rs 1142.80 crore. This shows a decrease from the previous quarter but an increase from the previous year. HDFC Securities anticipates volume growth across key segments.
Buy Astral, target price Rs 1,475: Axis Securities
Axis Securities recommends a 'Buy' for Astral shares, setting a target price of ₹1,475, indicating a 10% upside from the current market price of ₹1,314.95. Astral reported a consolidated total income of ₹1,408.80 crore for the quarter ending December 31, 2024, with a net profit after tax of ₹112.70 crore.
Hold Titan, target price Rs 3,550: JM Financial
JM Financial has a hold call on Titan, setting a target price of Rs 3,550. Titan's Q3FY25 consolidated total income rose 21.92% QoQ and 24.95% YoY, with a net profit after tax of Rs 1047.00 crore. While revenue growth is expected to be strong, margin pressure and gold lease costs may lead to flat profit after tax year over year.
Buy AU Small Finance Bank, target price Rs 650: JM Financial
JM Financial has issued a buy rating for AU Small Finance Bank Ltd. with a target price of Rs 650, citing strong growth in gross advances and deposits. Despite slight declines in the CASA ratio and pressure on margins, robust performance is expected. Asset quality in the unsecured portfolio remains a key monitorable.
BULL'S EYE
HDFC Mutual Fund "Tap2Invest" on WhatsApp
Should you opt for the old tax regime, or the new tax regime ?
Money deadlines in March 2025
Top 5 ELSS funds with up to 23% returns in 3 years
New NPS fees from January 2025: Full breakdown of charges
Top 5 aggressive hybrid equity funds with up to 38% returns in 1 year
Know why this may be the right time to buy a house
SC says no to Ganesha in Idgah Maidan
Can rent agreements be made for more than 11 months?
Adv: '+data.paidAds[0].brandtext+'
'; conObj.innerHTML = conText; conObj.style.display = 'block'; } }Markets Videos
Reduce Indus Towers, target price Rs 335: ICICI Securities
ICICI Securities has issued a reduce call on Indus Towers, setting a target price of Rs 335. They anticipate rental revenue to rise slightly but expect a decline in EBITDA and net profit. They foresee a possible higher recovery from VIL. The current market price of Indus Towers is Rs 344.5.
Buy Marico, target price Rs 735: JM Financial
JM Financial recommends buying Marico with a target price of Rs 735, as its current price stands at Rs 666.7. Marico's India business showed improved volume growth and market share, driven by price hikes in key categories like Parachute Coconut Oil and Saffola Oils. Despite challenges like RM inflation, the company targets double-digit revenue growth by FY26E.
Buy Bharti Airtel, target price Rs 1,925: ICICI Securities
ICICI Securities recommends buying Bharti Airtel with a target price of Rs 1925 as its current market price is Rs 1693.1. The company reported strong Q3 financials with a total income of Rs 45599 crore and a net profit of Rs 14474.9 crore. Bharti's EBITDA is expected to benefit from Indus consolidation.
Buy Somany Ceramics, target price Rs 730: HDFC Securities
HDFC Securities recommends buying Somany Ceramics, setting a target price of Rs 730 as its current price is Rs 403.1. The building materials sector saw soft demand in Q4FY25, with volume growth forecast but a decline in EBITDA and APAT due to competition and pricing challenges in tiles and pipes segments.
Buy Bajaj Finance, target price Rs 9,350: JM Financial
JM Financial recommends buying Bajaj Finance, targeting Rs 9,350 as the stock's value. Bajaj Finance showed significant growth, reporting a consolidated total income of Rs 18,058.32 crore for the quarter ended 31-12-2024 and a net profit of Rs 4,305.17 crore. Bajaj Finance's key metrics indicate a positive outlook, with a 26% YoY AUM growth.
Buy Reliance Industries, target price Rs 1,570: Emkay Global
Emkay Global Financial Services recommends buying Reliance Industries with a target price of Rs 1,570. Reliance Industries, a large-cap diversified sector company, has reported positive financial results for the quarter ending 31-12-2024, with a total income of Rs 244,200 crore and a net profit of Rs 21,804 crore. Promoters held 50.13% stake.
JM Financial initiates coverage on Inox India with a Buy, target price Rs 1,240
JM Financial recommends buying shares of Inox India, setting a target price of Rs 1240. Current price stands at Rs 998.8. With a market cap of Rs 9085.43 crore, Inox India saw a rise in total income and net profit for Q4 2024. Promoters and FIIs hold notable stakes in the company.
Buy JK Paper, target price Rs 392: Geojit
Geojit Financial Services has recommended a Buy rating on JK Paper, setting a target price of Rs 392. Currently priced at Rs 323.45, this small cap company, incorporated in 1960, saw a decline in its consolidated total income for the quarter ending 31-12-2024. The company posted a net profit of Rs 65.29 crore and promoters hold a 49.63% stake.
JM Financial initiates coverage on Godrej Properties with Buy call; target price Rs 2,500
JM Financial has given a buy call for Godrej Properties with a target price of Rs 2,500. The market price is currently Rs 2122.25. This Large Cap real estate company showed a significant income increase from the previous year. The firm is well positioned to expand in key markets. Key risks include market slowdown, competition and profitability challenges.
Add TCS, target price Rs 3,900: Emkay Global
Emkay Global Financial Services recommends adding Tata Consultancy Services (TCS) with a target price of Rs 3,900. Currently, TCS is priced at Rs 3,440. For the quarter ending December 2024, TCS reported a total income of Rs 65,216 crore and a net profit of Rs 12,444 crore. Promoters hold 71.77% stake in the company.
