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.
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…
About the Company: The company functions as an integrated pharmaceutical entity in India, engaging in research and development, manufacturing, drug distribution, marketing, and exports. It operates in three segments: a contract development and manufacturing organization (CDMO) serving Indian pharmaceutical companies, a domestic branded generics business, and an international branded generics business. The international branded generic product business focuses on exporting to emerging and semi-regulated international markets, with plans for expansion into regulated markets like the United Kingdom and Canada. Key customers include Cipla Limited, Glenmark Pharmaceuticals Limited, Wockhardt Limited, Emcure Pharmaceuticals Limited, Lupin Limited, Eris Healthcare Private Limited, Ajanta Pharma…
About the company: Established in 1983, Azad Engineering Limited is a leading manufacturer specializing in aerospace components and turbines. Over nearly four decades, it has become a key supplier to Original Equipment Manufacturers (OEMs) in aerospace, defense, energy, and oil and gas industries. Product Excellence: Azad Engineering is known for its highly engineered products crucial to various applications, particularly in turbines and aerospace components. The company excels in meeting stringent client requirements. Manufacturing Facilities: With four facilities in Hyderabad, India, covering 20,000 square meters, Azad Engineering focuses on high-precision forged and machined components. Plans for two additional units in Telangana…
About the Company: The leading Indian gold jewelry manufacturer specializes in antique bridal pieces with jadau, meena, and kundan work. It captures 1% of India's organized wholesale gold jewelry market, serving diverse clients nationwide through wholesale and retail channels. Retail Presence: The company's 'Harit Zaveri' showroom in Ahmedabad caters to end consumers in Gujarat, offering gold, diamond, and Polki jewelry for various occasions, including bridal wear. It also provides antique bridal gold jewelry to national retailers. Manufacturing Facility: Situated in Ahmedabad, Gujarat, the state-of-the-art manufacturing facility uses advanced technologies like casting, laser, and 3-D printing. It efficiently designs and manufactures…
About the Company: Credo Brands Marketing Limited is a key player in men's casual apparel, known for its flagship brand "Mufti." Initially focused on shirts, T-shirts, and trousers, Mufti has expanded its product range to include sweatshirts, jeans, cargos, chinos, jackets, blazers, and sweaters, catering to various styles. With over 1,700 retail outlets across India, including exclusive brand stores, large format stores, and multi-brand stores, Mufti has a significant presence in major cities and Tier 3 locations. IPO Objectives: The IPO aims to list Equity Shares on Stock Exchanges, conducting an Offer for Sale of up to 19,634,960 Equity Shares.…
About the Company: Established in July 1979, Happy Forgings Limited is a leading Indian manufacturer specializing in heavy forgings and high-precision machined components. With a strong four-decade track record, the company excels in designing, testing, and producing a diverse range of products for various industries. Products and Clients: Happy Forgings offers a comprehensive product line, including crankshafts, front axle carriers, steering knuckles, and more. Its clientele includes industry leaders like AAM India Manufacturing Corporation, Ashok Leyland, and Mahindra & Mahindra. The company's global presence extends to countries such as Brazil, Italy, Japan, Spain, Sweden, Thailand, Turkey, the United Kingdom, and…
About the Company: Established in 1986, the company is a key player in Mumbai's real estate, focusing on both residential and commercial projects in Mahim, Dadar, Prabhadevi, and Parel. Specializing in value luxury and the commercial sector, it is now expanding to Bandra. The company relies on third-party contractors for construction and excels in redeveloping tenanted properties. With 42 completed projects covering 1,046,543.20 sq ft and 13 ongoing projects totaling 20,34,434.40 sq ft, the company maintains a consistent project delivery pace. It holds land reserves in Bandra and Santacruz for future development, spanning 10,359.77 sq meters as of October 31,…