In a new research report, the renowned brokerage house, Motilal Oswal Financial Services, has recommended buying select large, mid, and small-cap stocks. The report states that these companies have a b potential for future growth, considering their current financial standing, expansion plans, and profitability.
Stocks to buy: While the stock market is experiencing volatility, Motilal Oswal Financial Services, a well-known brokerage firm, has identified specific stocks considered b for investment. These stocks include large-cap, mid-cap, and small-cap stocks. According to the report, the business performance, financial reports, and future plans of these companies make them attractive for investment.
The firm has also set Target Prices on these six stocks in its research report, ranging from ₹578 to ₹7,300. This includes banking, technology, fashion retail, manufacturing, and mutual fund sectors.
HDFC Bank Target Price ₹2,200
This banking sector giant has consistently met investors' expectations. Motilal Oswal's report indicates that HDFC Bank's performance in the March quarter was robust. The bank not only increased its profits, but also had a very low Bad Loan Ratio. The bank's Deposit Growth has also been better than expected.
In addition, HDFC Bank's subsidiary, HDB Financial Services, is expected to launch an IPO, which could be a significant value unlocking opportunity for the bank. The bank's Retail and SME loan portfolio is continuously strengthening, which is expected to further increase its earnings.
Trent Target Price ₹6,900
This Tata Group company operates popular fashion brands like Zudio and Westside. Trent has gained a b hold in the Retail Fashion Space over the past few years. According to the report, the company is moving towards a 25 percent growth annually.
Trent is continuously expanding its store network and entering new categories like Footwear and Kidswear. The number of its stores is increasing in smaller cities as well as large cities, which is continuously expanding the company's Customer Base.
Kaynes Technologies Target Price ₹7,300
This technology and electronics company is now entering a new growth phase. Kaynes Technologies provides high-tech electronic solutions, and the company's focus is on Embedded Systems, IoT Devices, and Semiconductors.
The report states that Kaynes' vision is to achieve a revenue of over ₹8,000 crore by 2028. For this, the company has established several industry and international partnerships. Additionally, it is benefiting from the government's PLI Scheme.
Federal Bank Target Price ₹230
Federal Bank is now moving beyond traditional banking, focusing on products that can provide better margins. These include financial products like Gold Loans, Credit Cards, and MSME loans.
According to the Motilal Oswal report, the bank's loan book is continuously increasing, and Deposit Growth is also satisfactory. The bank's new Management Team is working with a new strategy, which is strengthening both the Bank's retail network and Tech Infra.
Time Technoplast Target Price ₹578
The work of this smaller capital company may seem ordinary, but its business is significant. Time Technoplast manufactures plastic drums, Gas Cylinders, and special industrial packaging products.
It is a leader in this segment in India and the company has also marked its presence in many International Markets. According to the report, the company is continuously reducing its Debt, and Operating Cash Flow remains b.
As a result, Time Technoplast will be in a position to generate more Cash in the coming years and will be able to focus on its Capacity Expansions.
UTI AMC Target Price ₹1,550
This leading company in the Mutual Fund sector is now rapidly expanding by launching new Products and increasing Distribution channels. UTI AMC's focus is increasing in smaller cities and towns, leading to a rise in the number of retail investors.
Motilal Oswal's report states that the company's AUM, i.e., Asset Under Management, is continuously increasing, leading to an improvement in the company's Fee Income. Along with this, Operating Profit is also on the rise.
The company has also upgraded its Digital Channels and has partnered with Fintech Firms to attract New Age Investors. This has increased both the company's Reach and brand value.
How these stocks were selected
While selecting these stocks, Motilal Oswal's team considered aspects such as companies' financial performance over the past three years, Growth Projections, Future Strategy, Industry Outlook, and Corporate Governance.
Some of these stocks have already shown good rallies, but according to the report, there is still potential for further growth. Especially at a time when investors are looking for Quality Stocks, this list provides them with a Solid Roadmap.
