Amid the ongoing market sell-off, JM Financial and ICICI Securities have identified several stocks that present attractive investment opportunities. These recommendations cover a diverse range of sectors, including power generation, oil and gas, pharmaceuticals, and banking, showcasing the analysts’ insights into the market.
JM Financial has recommended these 2 stock
BHEL (Bharat Heavy Electricals Limited)
CLOSING PRICE 253,
TARGET PRICE 374
UPSIDE 55%
BHEL is a leading public sector enterprise in India, primarily involved in the design, manufacture, and supply of electrical equipment. It focuses on power generation, transmission, and distribution. The company provides solutions in thermal, hydro, and nuclear power plants, alongside products for railways and industrial applications. BHEL also offers services related to project execution, operation, and maintenance. With a strong footprint in the global market, BHEL is a key player in the energy sector and contributes significantly to India’s infrastructure development.
Oil India Limited
CLOSING PRICE Rs. 504.75
TARGET PRICE 707
UPSIDE 40%
Oil India Limited (OIL) is a state-owned oil and gas exploration and production company in India. It is involved in the exploration, drilling, production, and marketing of crude oil and natural gas. OIL also undertakes activities related to the transmission and distribution of natural gas. The company operates in both onshore and offshore areas, with a significant presence in Assam and Arunachal Pradesh. Oil India is integral to India’s energy sector and contributes to the country’s oil and gas production and energy security.
ICICI Securities has recommended these 3 stock
Natco Pharma
CLOSING PRICE ₹1,337
TARGET PRICE Rs. 1,680
UPSIDE 25.65%
Natco Pharma is a prominent Indian pharmaceutical company specializing in the development, manufacturing, and marketing of generic drugs. The company focuses on high-value medicines, including oncology, neurology, and anti-viral drugs. Natco Pharma has a strong presence in both domestic and international markets, particularly in the U.S., where it supplies generic versions of complex drugs. It invests heavily in research and development for novel formulations and biosimilars. Natco’s mission is to provide affordable healthcare solutions globally while ensuring the highest quality standards in its products.
PCBL (Phillips Carbon Black Limited)
CLOSING PRICE: Rs. 431
TARGET PRICE: Rs. 600
UPSIDE 40%
PCBL, part of the RP-Sanjiv Goenka Group, is one of India’s leading manufacturers of carbon black, a key raw material for the rubber industry. The company produces carbon black used in tire manufacturing, automotive parts, inks, paints, and polymers. PCBL operates multiple production plants in India and exports its products to several countries. The company’s commitment to sustainable growth and innovation has made it a leading player in the global carbon black market, contributing to the growth of the automotive and industrial sectors.
Bank of Baroda
CLOSING PRICE Rs. 249
TARGET PRICE Rs. 300
UPSIDE 20%
Bank of Baroda (BoB) is one of India’s largest public sector banks, offering a wide range of financial products and services. Its offerings include savings and current accounts, loans, insurance, wealth management, and investment solutions. Bank of Baroda operates globally, with a strong presence in over 20 countries. The bank serves both retail and corporate customers, focusing on digital banking, financial inclusion, and customer-centric services. It plays a crucial role in supporting economic growth through credit distribution and financial services in both urban and rural markets.
Conclusion
In conclusion, the stocks highlighted by JM Financial and ICICI Securities offer potential upside for investors looking to navigate the current market conditions. However, as with any investment decision, thorough research and risk assessment are crucial before making any investment.
Written By: Dipangshu Kundu
Disclaimer
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