Today, we recommend two stocks, one from the IT sector and another from the green energy sector, recommended by the Trade Brains Portal, to buy for an upside potential of more than 18%. We also analyzed the market’s performance on Friday to understand what may lie ahead for the stock indices in the coming days.
1. eMudhra Ltd
- Current price: ₹ 757.00
- Target price: ₹ 910
- Upside: 20.2%
- Time frame: 16-24 Months
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Why it’s recommended
Founded in 2008, eMudhra Ltd is a global leader in secure digital transformation, specializing in trust services and identity-based solutions. As India’s largest certifying authority, the company has issued more than 60 million digital identities. It supports enterprise clients in over 21 countries; eMudhra employs around 850+ personnel in offices across 11 countries, with more than 1 lakh channel partners, serving customers across 35+ countries.
eMudhra operates through two primary business segments: Solutions & Services, which generates 80% of its revenue, and Trust Services, which contributes the remaining 20%. It stands out as the only Indian company offering an integrated platform that combines identity, digital signing, cryptography, and certificate automation. In the Trust Services space, eMudhra maintains its leadership in the Indian market by offering a comprehensive suite of digital certificates, including digital signature, SSL/TLS, and S/MIME certificates.
In FY25, eMudhra’s international business saw a robust year-on-year growth of 57.3%, now accounting for 62% of the company’s total revenue. Looking ahead to FY26, the company aims to further expand its footprint in the European Union. To bolster its presence in the U.S. market, eMudhra made strategic acquisitions of Ikon and Two95, enhancing its market reach and enabling cross-selling opportunities across its product and service portfolio.
In FY25, eMudhra reported a total income of Rs 527.8 crore, marking a 38.9% year-on-year increase, fueled by strong global demand for its services and solutions. Adjusted EBITDA grew 15.7% YoY to Rs 141.3 crore, reflecting a healthy 4-year CAGR of 35%. The company’s adjusted PAT reached Rs 94.6 crore, up 17.3% YoY, with a solid profit margin of 17.9%. eMudhra continues to maintain a strong financial position, remaining debt-free with a cash balance available of Rs 188.56 crore as of FY25.
Risk Factor
Despite its strong performance, eMudhra remains exposed to regulatory risks due to its reliance on licenses for issuing digital certificates. Non-compliance with evolving regulations or audit requirements in India or international markets could potentially impact its operations. The company also faces competition from established global players such as DigiCert, Entrust, Sectigo, and GlobalSign, particularly in the digital certificate space.
2. Suzlon Ltd
- Current price: ₹ 65
- Target price: ₹ 78
- Upside: 18.81%
- Time frame: 12-14 Months
To view the report for the stock mentioned above or explore other stock recommendations, click here
Why it’s recommended
Founded in 1995, Suzlon Energy Limited is a leading global provider of renewable energy solutions, specializing in wind energy. With over 21.1 GW of installed wind power capacity across 17 countries, Suzlon ranks among the top players in the sector. In India, the company commands a market share of over 30%, with 15.1 GW of installed capacity and more than 111 operational wind farms. Suzlon’s diverse client portfolio includes major corporations such as Adani Renewables, Reliance, ACC, Vedanta, ITC, and the Tata Group.
Suzlon Ltd. reported revenue from operations of Rs 10,851 crore in FY25, marking an increase of 67% year-on-year from Rs 6,497 crore in FY24. In Q4 FY25, the company posted revenue of Rs 3,774 crore, reflecting a robust 73% YoY growth compared to Rs 2,179 crore in the same quarter last year. This strong performance was driven by improved operational efficiency and a surge in order inflows in the wind turbine segment. EBITDA rose by 80.4% YoY to Rs 1,857 crore in FY25, up from Rs 1,029 crore the previous year. Profit after tax also saw a sharp rise, reaching Rs 2,072 crore more than 190% higher than the Rs 714 crore reported in FY24. In Q4 FY25 profit after tax stood at Rs 1,181 crore, representing a remarkable 320% YoY growth.
In FY25, Suzlon added approximately 0.4 GW of wind capacity, bringing its total installed capacity in India to 15.1 GW. The company’s order book reached an all-time high of 5.6 GW, nearly doubling from 2.9 GW in FY24, a 93% increase. Revenue from the wind turbine generator segment surged by 101% year-on-year to Rs 8,481.31 crore in FY25. The wind business segment delivered a strong performance, posting results of Rs 810.85 crore in FY25, a 1,058% YoY increase. Suzlon also significantly improved its financial health by aggressively reducing debt, cutting its borrowings from Rs 1,905 crore in FY23 to just Rs 283 crore in FY25, positioning the company with a much more stable balance sheet.
Risk Factor
While Suzlon’s renewable energy portfolio continues to expand, the company faces several execution risks that could impact its growth trajectory. These include potential project delays, challenges in land acquisition, and grid integration issues. Additionally, its reliance on government subsidies and incentives introduces a level of uncertainty to its business outlook. Suzlon’s operations and financial performance are also vulnerable to regulatory changes, particularly in an industry governed by tightly controlled tariffs and evolving environmental standards.
Market Recap 4th July 2025
The Nifty opened Friday’s trading session at 25,428.85, rose to a day-high of 25,470.25, and closed at 25,461.00. At the end of the day, the Nifty 50 was up 55.70 points, or 0.22%. The BSE Sensex gained 193.42 points, or 0.23%, from its opening price of 83,306.81 to its closing price of 83,432.89. With the Nifty 50 RSI at 61.01 on Friday, the Nifty ended above all 20/50/100/200 EMAs. Additionally, the BSE Sensex RSI closed at 59.85, well below the overbought level of 70, and the Sensex closed above all 20/50/100/200 EMAs. Additionally, the India VIX fell to a 9-month low at 12.32 on Friday, demonstrating a decrease in investor anxiety and improving market sentiment.
The majority of indices ended in green on Friday. The Nifty Oil and Gas index, which finished the day at 12,002.35, up 125.05 points, or 1.05%, was one of the largest gainers. Bharat Petroleum, Indraprastha Gas, and IOCL were among the index’s top gainers, as they increased up to 4.43% on Friday. Among the top gainers was the Nifty Realty index, which closed Friday at 971.95 after rising 0.91%, with Raymond Realty, Brigade Enterprises, and Phoenix Mills having a gain of over 2% on Friday.
Meanwhile, a few indices ended in red on Friday. The Nifty Metal index ended the day at 9,580.40, down -43.05 points, or -0.45%. Jindal Stainless, Tata Steel, and SAIL plunged the sector with a fall exceeding 1.3%.
Asian markets experienced a bearish trend on Friday. The Hong Kong Hang Seng index declined -0.48%, or -115.89 points, to close at 23,916.06, while the South Korean Kospi index declined -2.04%, or -62.37 points, to close at 3,054.28. Japan’s Nikkei 225 ended the day flat, up 24.98 points, or 0.06%, at 39,810.88. The Shanghai index ended the day at 3,472.32, up by 11.17 points, or 0.32%. On Friday, the US Dow Jones Futures closed at 44,572.15, down -258.37 points, or -0.58%.
The Nifty 50 index declined 0.69% this week, which shows that investors are cautious going forward due to factors like upcoming results of companies in Q1FY26, updates on tariffs, and further developments in geopolitical situations.
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