New Delhi:
Whether you run a business or are employed, finding another source of income is important if you want to meet financial goals or other life goals. market Investing in is a better option. Whether you want to start investing or you are already investing, but need expert advice for good returns. In this episode of the Diwali Special Interview Series, BQ Prime Hindi spoke to the Heads of Research (HOR) of two very special brokerage houses.
Let us understand that Shrikant Chauhan, Head of Research at Kotak Securities and Narendra Solanki, Head of Fundamental Research (Investment Services), Anand Rathi Shares and Stock Broker, in which both experts see potential. What and why.
Srikant Chauhan, head of research at Kotak Securities advises buying on dips. He says that if the market declines, the Nifty may touch 18,000. He said, the market may come to 21,500 in FY25. Investors will benefit if the market rises.
Kotak Securities’ Diwali Picks:
1. Dalmia Bharata
Kotak Securities has selected Dalmia India in its Diwali picks. The volume of the company is constantly increasing. According to the brokerage, the company’s growth projection till FY26 is considered good. Prices of products have decreased, while prices have increased. The expansion plan of the company is also being completed on time.
2. Cipla
According to Kotak Securities, Cipla has delivered excellent results for 3 consecutive quarters. If there is a slowdown in the US, there is a buying opportunity. Having strong fundamentals will benefit. According to the brokerage, EPS is expected to grow at 20% CAGR.
3. Canara Bank
Kotak Securities has placed Canara Bank in its Diwali picks. Its annual growth has increased by around 43%, while the bank’s core income i.e. net interest income (NII) has increased by around 20%. The asset quality of the bank is continuously improving. The company’s loan growth grew 12% YoY, while QoQ grew 4%. Its position is good compared to other banks.
4. Godrej Customer
According to Kotak Securities, Godrej Consumer is also a better investment option. The company is generating revenue from domestic as well as foreign markets. The quality of the company’s products is excellent. The company’s margins have also improved steadily. Valuation is 20% less than other stocks.
5. Philips Carbon Black (PCBL)
According to a Kotak Securities report, PCBL is a strong player in the carbon black industry. It has benefited from growth in the auto sector. According to a brokerage report, the company has increased focus on specialty business. There will be less fluctuation in the earnings cycle.
Kotak Securities recommends 3 more stocks in its Diwali picks to invest money on. It also includes computer system design company Sient, Macrotech Developers and Reliance Industries.
Focus on local economy: Narendra Solanki
Narendra Solanki, Head of Fundamental Research (Investment Services), Anand Rathi Shares & Stock Brokers, advises picking stocks with a focus on the local economy. He says there will be ups and downs in the market and there will also be buying opportunities. According to him, this is a good time to enter the market and increase allocation. If investors choose good stocks, they will get good returns from the market.
Anand Rathi Investments Diwali Picks:
1. IDFC First Bank
Anand Rathi Investments has included IDFC First Bank in its Diwali Picks considering the outstanding shift towards retail banking. The bank’s retail deposits have increased from 27% to around 75-80%. Credit card business will also collapse in FY25. According to the brokerage, the valuation is good in terms of buy and return.
2. DLF
According to Anand Rathi Investments, the company’s portfolio is quite diversified. DLF has entered into a joint venture with Trident Group in Mumbai. In presales around Rs. The figure of 13,000 crores seems fantastic. The company’s cash flow is excellent.
3. MTAR Technologies
From space to clean energy, MTAR technology has done well. According to Anand Rathi Investments, the company’s clients are also selective and robust. There are good growth opportunities for the company in new areas along with existing areas. The company’s order book is strong and it is expected that growth will continue going forward.
4. TVS Motor
Anand Rathi Investments’ Diwali picks also include TVS Motors. According to the brokerage, the company has expanded its distribution network across the country. Sales figures are also very strong. The company has launched many good ones in the EV segment. Anand Rathi Investments hopes that exports and EVs will accelerate the company’s growth.
5. Mahindra & Mahindra (M&M)
The company has a large share in the tractor market. According to Anand Rathi Investments, the company’s sales have been good in the premium and SUV segments. The brokerage expects the EV segment to continue to grow as well. According to the brokerage, M&M is one of the best stocks in its segment.
This stock also has power
Apart from these 5 stocks, Anand Rathi Shares and Stockbroker has included one more stock in its Diwali picks. This share Syrma SGS Technology Ltd. belongs to the company.
According to brokerages, the company’s total order book is close to Rs 3,500 crore. The company in Q1 FY24 posted Rs. 50 crore in capital expenditure (Capex), while it was Rs. Plans to spend 200 to 250 crores. According to Anand Rathi Investments, the company has the potential to become a major player in the ESDM industry, particularly in the ODS segment.