Indian equity benchmarks ended largely unchanged in a volatile trading session on September 5. The Sensex slipped 7.25 points, or 0.01 percent, to close at 80,710.76, while the Nifty inched up 6.70 points, or 0.03 percent, to settle at 24,741.
On the sectoral front, pressure was seen in realty, FMCG, and IT indices, each losing around 1 percent, while the auto index gained 1.3 percent and media and metal indices added 0.5 percent each. Among the major gainers on the Nifty were M&M, Eicher Motors, Maruti Suzuki, Dr. Reddy’s Laboratories, and Power Grid, while ITC, TCS, Cipla, and HCL Technologies ended in the red.
Godrej Properties Limited
Godrej Properties, established in 1990, is the real estate development arm of the Godrej Group. It develops residential, commercial, retail, and IT projects across key Indian cities including Mumbai, Pune, Bengaluru, Kolkata, and Hyderabad. Initially focused on the Mumbai Metropolitan Region, the company has expanded into several other cities such as Chennai, Kochi, and Ahmedabad.
The company has a market capitalization of Rs. 59,171.94 crore and the stock closed at Rs. 1,964.50 per share on Friday. Choice Equity Broking Pvt Ltd has set a target price of Rs. 3,504, implying a potential upside of 78.4 percent from current levels.
Five-Star Business Finance Limited
Five-Star Business Finance, incorporated in 1984, is a non-deposit taking NBFC that provides secured loans for business purposes, home renovations, and other mortgage-based needs. It primarily serves micro-entrepreneurs, small businesses, and self-employed individuals who are often underserved by the traditional banking system. The company operates across nine states including Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, and Maharashtra.
Incorporated in 1984, Five-Star Business Finance is a non-deposit taking Non-Banking Finance Company (NBFC), primarily engaged in providing loans for business purposes, house renovation / extension purposes and other mortgage purposes. The company provides secured financial solutions to a vital yet often overlooked segment: micro-entrepreneurs, small business owners, and self-employed individuals, who are largely cut off from the formal lending ecosystem, for their business and other needs. The company has presence across 9 states, including Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Madhya Pradesh, Maharashtra, Uttar Pradesh, Chhattisgarh and Rajasthan.
The company has a market capitalization of Rs. 15,673.51 crore and its stock closed at Rs. 532.30 on Friday. Motilal Oswal Financial Services has given a target of Rs. 800, suggesting a potential upside of 50.3 percent.
Zensar Technologies Limited
Founded in 1963, Zensar Technologies offers a wide range of IT services, from digital design and data engineering to advanced analytics. The company caters to multiple industries such as manufacturing, retail, banking, insurance, and healthcare. It also works with ISVs, hyperscalers, and government agencies, and has a global presence spanning North America, Europe, South Africa, and Southeast Asia.
With a market capitalization of Rs. 17,613.15 crore, Zensar shares closed at Rs. 775.15 on Friday. Choice Equity Broking Pvt Ltd has pegged its target at Rs. 1,130, indicating a potential upside of 45.9 percent.
Ethos Limited
Ethos operates in the luxury retail space, specializing in the trading of premium and luxury watches, accessories, and related after-sales services. The company has built a niche in offering global watch brands to Indian consumers along with support and servicing.
The company’s market capitalization stands at Rs. 6,579.72 crore and the stock closed at Rs. 2,459 on Friday. Emkay Global Financial Services has recommended a target price of Rs. 3,500, which translates into a potential upside of 42.4 percent.
Keystone Realtors Limited
Keystone Realtors, which operates under the brand name Rustomjee, is a prominent real estate developer with a strong presence in the Mumbai Metropolitan Region. Its portfolio spans residential complexes, gated communities, corporate parks, retail spaces, schools, and landmark projects. The company has delivered 32 completed projects, while 12 are ongoing and 19 more are in the pipeline.
With a market capitalization of Rs. 7,775.98 crore, the company’s stock closed at Rs. 616.75 on Friday. JM Financial has set a target price of Rs. 855, implying a potential upside of 38.6 percent.
Piramal Pharma Limited
Piramal Pharma, incorporated in 2020, operates across three verticals: contract development and manufacturing through Piramal Pharma Solutions, complex hospital generics under Piramal Critical Care, and its India consumer healthcare segment. The company serves clients in more than 100 countries with products ranging from APIs and finished dosage forms to OTC consumer brands.
The company has a market capitalization of Rs. 26,850.81 crore and the stock closed at Rs. 202 on Friday. JM Financial has assigned a target of Rs. 313, suggesting a potential upside of 54.9 percent.
Restaurant Brands Asia Limited
Restaurant Brands Asia, the master franchisee for Burger King in India, operates quick-service restaurants across India and Indonesia. It offers a wide menu customized for local tastes and has steadily expanded its footprint, with over 519 stores.
The company’s market capitalization is Rs. 4,642.98 crore and the stock closed at Rs. 79.75 on Friday. Motilal Oswal Financial Services has set a target of Rs. 135, indicating a strong potential upside of 69.3 percent.
Brigade Enterprises Limited
Brigade Enterprises, established in 1995, is a real estate developer engaged in residential, commercial, retail, and hospitality projects. Its portfolio also includes integrated townships, office spaces, shopping centers, and luxury hotels. Headquartered in Bengaluru, the company has expanded its presence across South Indian cities, including Chennai, Hyderabad, Mysuru, and Kochi.
The company has a market capitalization of Rs. 22,298.08 crore and the stock closed at Rs. 912.05 on Friday. Motilal Oswal Financial Services has given a target of Rs. 1,470, which implies a potential upside of 61.2 percent.
Written by Manan Gangwar
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
