Day: 1 April 2016

As you go into the new financial year, we present you a bunch of stock recommendations from various experts that you can look at with an investment horizon of at least 12 months:   IL&FS Transportation Networks Angel Broking -  With 7 projects expected to commence in next 12 months, Angel Broking expects the debt repayment cycle at a special purpose vehicle (SPV) level to commence, resulting in the overall consolidated D/E levels peaking out at 4.0 times. With concerns over higher D/E levels allayed up to a certain extent, coupled with attractive valuations of 0.3x FY2017E P/BV, the domestic brokerage firm has a buy rating on the stock with a price target of Rs 93. Jagran Prakashan Angel Broking -   Jagran Prakashan is expected to register strong growth supported by an i...

Here are the top 10 stocks recommended from five leading broking firms based on fundamentals. Broker Stock Target CMP Upside Rationale ICICIDirect Bajaj Finserv 2308 1745 32% Bajaj Finserv reported an increase in loan book by 4x from FY2011-15 and also 36 per cent growth in 9MFY16 YoY backed by a surge in earnings. It is the most profitable and efficient player in the sector. The pick-up in the life insurance business could lead to a valuation upgrade. At 11.6x FY2017 estimated earnings, the stock is reasonably valued.  ICICIDirect Mahindra & Mahindra 1470 1195 23% M&M has launched nine vehicles this year. The company was affected by the loss of market share on the automotive side and the sudden decline in farm equipment business in FY2015. However, it has sustained profit...

As per analysts, India's specialty chemicals industry could be big theme in 2016-2017. The specialty chemicals industry is worth $25 billion and the industry has delivered 13% growth over the past five years. Over the next 12 months, investor can get good returns in the specialty chemicals theme. Here is a list of stocks from various analysts under speciality chemicals theme that investors can look at: Stock Target CMP Upside Rationale SRF 1700 1279 33% Rapid progress which has been made in the high-margin fluoro-speciality and refrigerant gases will drive value growth. Steady free cash flow from technical textiles will also supplement capacity expansion in fluoro-speciality. Phillip Capital estimates SRF to deliver revenue and profit CAGRs of 14% and 22% respectively over FY16-FY...