Hot Stocks: Brokerages on RIL, PolyCab India, Kajaria, Tata Steel and SAIL
Consumer businesses are likely to drive growth for Reliance Industries. However, there is an upside risk to 02C earnings, said the note. RIL outperformed Nifty by 4% in the year 2022. The global investment bank forecasts 18% EBITDA growth in FY24E with 21% growth in retail.
It expects gas prices peaked out in Q2FY23. The rebound in exports (from Morbi) should reduce pressure in domestic markets, thereby further boosting Kajarias margin.
Buy Kajaria Ceramics, target price Rs 1340: ICICI Direct
Kajaria with a net cash balance sheet and superior brand, is a solid play on the tiles sector with expanding reach to tier II, III cities. We have a BUY with a target price of Rs 1340/share.
Buy Kajaria Ceramics; target of Rs 1340: ICICI Direct
ICICI Direct is bullish on Kajaria Ceramics recommended buy rating on the stock with a target price of Rs 1340 in its research report dated December 22, 2022.
Stocks in the news: RIL, Wipro, HPCL, Nykaa, ZEEL and Deepak Fertilizers
Reliance Industries's arm Reliance Retail on announced the launch of its consumer packaged goods brand 'Independence' in Gujarat, with plans for national rollout as part of its ambition in the FMCG segment.
Kajaria Ceramics Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 16645.37 Crore) operating in Building Materials sector
Buy Kajaria Ceramics; target of Rs 1210: ICICI Direct
ICICI Direct is bullish on Kajaria Ceramics recommended buy rating on the stock with a target price of Rs 1210 in its research report dated November 03, 2022.
Buy Kajaria Ceramics; target of Rs 1300: Sharekhan
Sharekhan is bullish on Kajaria Ceramics has recommended buy rating on the stock with a target price of Rs 1300 in its research report dated November 02, 2022.
Kajaria Ceramics Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 16588.85 Crore) operating in Building Materials sector
Kajaria Ceramics Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 17965.38 Crore) operating in Building Materials sector.
Housing boom can bring smiles to these two tile stocks
Currently, the Indian tiles industry is confronting seasonality-led weak demand as well as input cost pressure on the back of increasing gas prices. Nonetheless, brokerage firm B&K Securities is of the view that the tiles players in the country shall likely register a pickup in sales from the third quarter of FY23.
Buy Kajaria Ceramics, target price Rs 1355: ICICI Direct
Kajaria Ceramics Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 19749.26 Crore) operating in Building Materials sector.
Chart Check: Golden Cross on this home furnishing stock makes it an attractive buy
The stock might be trading at a discount when compared to January highs, but it has recouped the majority of its losses. The recent price action suggests that bulls are here to stay.
Indian economy set to ride capex boom; industrials, financials, consumer discretionary space likely beneficiaries: Morgan Stanley
Given the perception that growth may be accelerating, led by investments, the domestic cyclical sectors could gain, the global investment bank has said
Buy Kajaria Ceramics, target price Rs 1310: JM Financial
Kajaria Ceramics Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 17690.75 Crore) operating in Building Materials sector.
Down 10% YTD but Jefferies’ bullish target suggests 71% upside for this stock
In its base case scenario, Jefferies expects the company to clock a consolidated revenue growth of 17 per cent compounded annually over FY22-25. It sees Ebitda margins improving by 80 basis points over this period and pegs EPS growing a 22 per cent CAGR during the same period. Its target PE at 35 times is broadly in-line with the stocks last 3-year average multiple.
Kajaria Ceramics Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 18699.31 Crore) operating in Building Materials sector.
Kajaria Ceramics Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 18608.57 Crore) operating in Building Materials sector.
Buy Kajaria Ceramics; target of Rs 1300: Sharekhan
Sharekhan is bullish on Kajaria Ceramics has recommended buy rating on the stock with a target price of Rs 1300 in its research report dated July 21, 2022.
Kajaria Ceramics Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 17351.65 Crore) operating in Building Materials sector.
Corporate Radar: L&T to turn ex-dividend; Hindustan Zinc, PVR Q1 results & more
Shares of Hindustan Foods, Ontic Finserve, Rajnish Wellness and Shanti Educational Initiatives will go ex-split today. Hindustan Foods and Rajnish Wellness had announced the splitting of shares into face value of Re 2 from the face value of Rs 10 while Ontic Finserve and Shanti Educational Initiatives had announced the splitting of shares into face value of Re 1 from the face value of Rs 10.
Stocks in the news: Wipro, IndusInd Bank, SRF, Havells, NTPC and Yes Bank
Hindustan Zinc, SRF, MphasiS, JSW Energy, IDBI Bank, Persistent Systems, Crisil, Kajaria Ceramics, ICICI Securities, Hitachi Energy, Happiest Minds, IndiaMART, PVR, Cyient and Can Fin Homes will announce their earnings for the quarter ended June 2022.
Buy Kajaria Ceramics, target price Rs 1200: JM Financial
Kajaria Ceramics Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 15681.60 Crore) operating in Building Materials sector.
In this market, 20% earnings growth for midcaps and smallcaps is something to die for: Aishvarya Dadheech
“The fall in our portfolio was much lesser compared to others but we are still trading at 27-28 times and for a 25% earning growth for the next year, the portfolio is trading at almost 1.2-1.3 times PEG. We have very less derating risk and we are poised to participate in the earning growth which is expected to fructify in the coming future.”
Buy Kajaria Ceramics, target price Rs 1165: ICICI Direct
Kajaria Ceramics Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 14900.70 Crore) operating in Building Materials sector.
Disappointed with your portfolio in first half of 2022? Here are sectors to bet on
The latest round of correction in equities has spooked the investors as markets have failed to show sustainable recovery. Despite some skepticism, market experts are advising investors to strategically buy the dips and allocate funds in select sectors.
DSP Midcap mutual fund review: Scheme that handles market volatility well
The fund has lagged its index and peers in the past year, which has hurt its return profile. Yet, its 3- and 5-year rolling returns indicate healthy outperformance with a better handle on volatility than most peers.
Clix Group partners with Tezzract to lend Rs 1000 crore to MSMEs
Through this partnership, both companies will build solutions to plug the significant challenges that MSMEs face in raising funding to grow and compete in an already difficult post-Covid environment.
Buy Kajaria Ceramics; target of Rs 1165: ICICI Direct
ICICI Direct is bullish on Kajaria Ceramics has recommended buy rating on the stock with a target price of Rs 1165 in its research report dated May 18, 2022.
Buy Kajaria Ceramics: target of Rs 1200: Sharekhan
Sharekhan is bullish on Kajaria Ceramics has recommended buy rating on the stock with a target price of Rs 1200 in its research report dated May 17, 2022.
Mirae Asset Large Cap mutual fund review: Return profile has visibly slipped of late
Its superior downside performance has also faltered. Even as the new fund manager needs time to prove execution, investors should be watchful for sustained drag on performance.