Top brokerage firms are giving fresh recommendations on some stocks that could grow well over the next year. Here’s what they’re saying:
JPMorgan on Sagility: Great Growth Ahead!
JPMorgan starts off with a positive rating for Sagility, giving it an “Overweight” status. They’ve set a target price of Rs 54, which is a 17% increase from its current price of Rs 46. Sagility is known for its unique role in the healthcare field and is expected to see strong earnings growth thanks to more healthcare services being outsourced in the US. With high profit margins and steady earnings predicted, Sagility is looking good for the future!
Mirae Asset Sharekhan Says “Yes” to Allied Blenders
Mirae Asset Sharekhan continues to support Allied Blenders and Distillers (ABDL), setting a target price of Rs 495, which is a 21% jump from the current price of Rs 406. The company is making yummy premium drinks like gin and vodka, which are getting popular. With improved profit margins and strong sales expected in the future, ABDL appears to be a solid choice for investors.
Elara Securities Upgrades InterGlobe Aviation: Buy Now!
Elara Securities thinks it’s a good time to buy InterGlobe Aviation (IndiGo). They raised their rating and set a target price of Rs 5,309, suggesting a 19% rise from the current price of Rs 4,440. Although India’s aviation market faced some slowdowns, it’s poised for a powerful recovery soon with new airports and returning flights. This makes IndiGo a stock to consider!
Always remember that financial advice can vary, and what experts say might not work for everyone. Always do your homework before investing!
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