Author: Vicky Nagar
Vicky Nagar
Vicky Nagar is an equity trader with 5+ years of experience in trading and investing. He has expertise in equity valuation, sectoral analysis, index analysis, and in identifying the market trends. He is a NISM Certified Research Analyst. Formerly a relationship manager at Kotak Mahindra Bank Limited in the Agri-Business Group, he also has teaching experience at KS School of Business Management, Gujarat University, and as an Academic Associate at IRMA (Institute of Rural Management Anand). He holds a BBA (Gold Medalist) and an MBA (Gold Medalist) in Marketing.
About the Company: Founded in 2016 by Kamesh Goyal, Go Digit Insurance stands out as a prominent Insurtech firm headquartered in India. Since its establishment, Digit has swiftly risen to prominence within the insurance sector, distinguished by its trailblazing use of advanced technology to craft innovative solutions. Company Overview Digit Insurance boasts a diverse portfolio of insurance products spanning health, motor, travel, and home insurance. What distinguishes Digit is its unwavering dedication to delivering customer-centric solutions characterized by simplicity, transparency, and convenience. Objectives of the IPO: The impending Initial Public Offering (IPO) of Go Digit General Insurance marks a significant…
About the Company: Aadhar Housing Finance Limited specializes in offering a diverse range of mortgage-related loan products tailored to meet the specific requirements of its target audience. These products encompass loans for residential property purchase and construction, home improvement and extension loans, along with loans for commercial property construction and acquisition. In the realm of housing finance, where aspirations intersect with affordability, Aadhar Housing Finance Limited shines as a symbol of financial inclusivity. Established in 2010, Aadhar Housing Finance has carved a niche for itself by focusing on the low-income housing segment, typically catering to individuals with property values under…
About the Company: Founded in 2006 under the name Tek Travels Private Limited, TBO Tek Limited has established itself as a leader in simplifying the complexities of the travel industry. Through continuous evolution, it has transformed into a dynamic travel distribution platform, facilitating seamless connections between various suppliers - including hotels, airlines, car rentals, transfers, cruises, insurance, and rail companies - and a diverse range of buyers, spanning from travel agencies to corporate entities. Platform Dynamics: At the core of TBO Tek's success lies its two-sided technology platform. For suppliers, it serves as a channel to showcase inventory, set competitive…
About the Company: Indegene Limited, a frontrunner in digital solutions tailored for the life sciences sector, is poised to mark a significant milestone through its Initial Public Offering (IPO). Since its inception in 1998, the company has played a pivotal role in offering essential services across various dimensions of pharmaceutical and healthcare operations. Indegene Limited boasts a comprehensive suite of digital solutions meticulously crafted to cater to the intricate needs of the life sciences industry. Its offerings span the entire pharmaceutical lifecycle, encompassing crucial stages such as drug development, clinical trials, regulatory adherence, and marketing support. With a diverse portfolio,…
About the Company: Bharti Hexacom Limited, a prominent player in the telecommunications industry, was founded in 1995. It has established itself as a key provider of fixed-line telephone and broadband services, primarily operating in Rajasthan and the Northeast regions of India. Demonstrating a commitment to advancing digital infrastructure, the company has invested a substantial amount, approximately ₹206 billion as of December 31, 2023, to position itself for future technological advancements. Market Penetration and Customer Base Bharti Hexacom Limited has successfully penetrated various markets, serving customers across multiple states including Rajasthan, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura. By the…
No Changes in Income Tax Slabs No Change in Tax rates for Company, LLP or any other person Some Exemption to Srartups and Extend some concession - extension of tax sops for soverign wealth funds and startups to March 2025 Tax payers service - Withdrawal of direct tax demands of period upto ₹25000 for period upto 2009-10 and ₹10000 for period upto 2014-15, 1 Crore people will benefit 40,000 normal railway bogies will be converted to vande Bharat standards 1-lakh crore corpus will be made available with 50 year interest free (long-term financing or refinancing) to encourage the private sector…
These recommendations encompass a range of perspectives, including positive, neutral, and negative outlooks, reflecting differing opinions on the potential performance of these companies. The assessments include target prices and ratings, offering insights into the suggested actions or expectations for investors considering these stocks. ICICI Bank HSBC: Maintain Buy, target price raised to Rs 1270 per share from Rs 1260 per share (Positive) Nuvama: Maintain Buy, target price raised to Rs 1200 per share from Rs 1180 per share (Positive) Citi: Maintain Buy, target price at Rs 1322 per share (Positive) Jefferies: Maintain Buy, target price at Rs 1250 per share…
Fund House Stock Rating Target Price (Rs.) Impact BofA Indus Tower Buy 270 Positive CLSA Tata Motors Buy 955 Positive Nuvama Prestige Buy 1596 Positive Nuvama Infosys Buy 1800 Positive Nuvama FSL Buy 230 Positive Nuvama LTIMindtree Buy 7350 Positive Nuvama Coforge Buy 7300 Positive Nuvama Persistent Buy 8600 Positive Nuvama TCS Buy 4400 Positive Nuvama HCL Tech Buy 1700 Positive B&K GSK Pharma Buy 2450 Positive MOSL Kirloskar Oil Buy 840 Positive HSBC UPL Buy 730 Positive HSBC Cyient Buy 2570 Positive HSBC KPIT Buy 1930 Positive Jefferies Godrej CP Buy 1400 Positive GS Reliance IND Buy 2885 Positive…
About the Company: Jyoti CNC Automation Limited excels in manufacturing CNC machines, offering a diverse range, including turning centers, milling machines, vertical and horizontal machining centers, 3-axis and 5-axis machining centers, and multi-tasking machines. Since April 1, 2004, they have delivered over 30,000 CNC machines globally, comprising 200 types across 44 series. Global Reach and Clients: Beyond India, Jyoti CNC serves renowned clients like ISRO, BrahMos Aerospace, Turkish Aerospace, Tata Advances System, and Bharat Forge. The company's machines are utilized in various industries, from aerospace to automotive. Facilitating global distribution, Jyoti CNC operates 29 sales and service centers across Romania,…
Dear Investors, Inwealfoney is wishing you a prosperous New Year filled with growth, resilience, and successful ventures. May your portfolios thrive and your financial goals be exceeded in the upcoming year! In this blog, we have summarized the top stock picks as suggested by the leading brokerage houses for the year 2024. Give it a read, and comment your thoughts in the comments. 1) Axis Securities: Symbol mCAP CMP EPS FY24E EPS FY25E P/E FY25E Target Upside (%) AMBER 10559 3133.7 60.8 90.9 34.5 3700.0 18.1 ACI 8007 648.9 28.9 50.5 12.9 810.0 24.8 CYIENT 25402 2292.4 69.0 81.5 28.1…