Monthly Stock Picks – February 2023 Company Recommendation Buy (Rs) Target (Rs) Upside (%) Time Horizon Asian Paints Buy 2815 3150 12% 1 Month Apollo Hospital Buy 4385 4690 7% 1 Month ICICI Bank Buy 860 980 14% 1 Month Indian Hotels Buy 320 370 16% 1 Month…
Muthoot Finance is one of the largest Gold Loan NBFCs in India. It provides personal loans and business loans secured by gold jewelry, primarily to individuals like small businessmen, vendors, traders, farmers, and salaried individuals, who possess gold jewelry but are not able to access formal credit within…
NIFTY: the NIFTY opened at 17721.75 with a big gap up of 110 points. The index did not sustain at the higher levels and started drifting downwards from the opening tick. Prices have filled the gap, moved further down, and then found support around 17600. The index recorded…
Result Analysis: Dabur India Limited (CMP: Rs.553.90) Result Update: Q3FY23 Dabur India Limited is one of India's leading FMCG Companies. Building on a legacy of quality and experience for 138 years, Dabur is today India’s most trusted name and one of the world's largest Ayurvedic and Natural Health…
Cyient Limited is a leading global engineering, manufacturing, and digital technology solutions company. The company is engaged with customers across their value chain helping to design, build, operate and maintain the products and services offered by the company. Its major business units include Aerospace & Defence, Transportation, Industrial,…
Result Analysis: Jubilant Foodworks Ltd. (CMP: Rs.456.60) Result Update: Q3FY23 Jubilant FoodWorks Limited (JFL) is India’s largest food service company and is part of the Jubilant Bhartia Group. The Company holds the exclusive master franchise rights from Domino’s Pizza Inc. to develop and operate the Domino’s Pizza brand…
Result Analysis: Bajaj Finance Limited (CMP: Rs.5756) Result Update: Q3FY23 Bajaj Finance Limited, the lending and investment arm of Bajaj Finserv group, is a non-banking finance company (NBFC) which is engaged in lending and allied activities. It focuses on consumer lending, small and medium-sized enterprises (SME) lending, commercial…
NIFTY: The NIFTY opened at 17877.30 with a gap down of just 14 points. The index started drifting downwards from its opening tick and recorded its intraday high at 17884.75 in its initial trades. Prices have seen a sharp decline and went below 17800. The index kept on…
FPO-Note Adani Enterprises Limited Rs. 3112 – Rs. 3276 per Equity share Recommendation: Aggressive investors may apply Adani Enterprise Limited (AEL), the flagship company of the Adani group is coming with a FPO (Follow-on Public offer) of Rs.20,000 cr., which will be the largest FPO by an…