Stock Picks Today: DMart, Adani Ports, KFin Tech, Sky Gold On Brokerage Radar
Avenue Supermarts Ltd., Adani Ports and SEZ Ltd., Sky Gold And Diamonds Ltd., are among the companies garnering brokerage commentary on Monday. Analysts have shared their insights and, in several cases, revised their target prices based on their updated fundamental outlooks for these firms.
Adani Ports and SEZ Ltd.
Analysts have initiated a ‘Buy’ call with a price target of Rs 450, indicating a robust volume-led growth plan with capacities in place to double production. The company runs 17 ports/ terminals in rapidly growing logistics and marine businesses, with a net moderated to 0.6x as of Mar-25 and projected to be negligible by FY30E. International port volume is expected to expand more than five times by FY30, with the company expecting to deliver 13% EBITDA CAGR over FY25-30E from existing ports. To know more about Adani Ports and SEZ Ltd, click here.
Sky Gold And Diamonds Ltd.
Analysts have upgraded their call to ‘Buy’ from ‘Sell’ with a target price of Rs 1,215, indicating a potential upside of 16%. The company has robust volume-led growth plans with capacities in place to double production, and an advance gold scheme to free up working capital and improve gross margin. The shift to gold metal loans is expected to cut interest costs and boost profit margins. However, key risks include low free cash flow and high client concentration. To learn more about Sky Gold And Diamonds Ltd, click here.
KFin Tech
Analysts have initiated a ‘Buy’ call with a price target of Rs 1,715, indicating a 24% potential upside over the last closing. The company has mutual funds flows that remain robust, and Registrar and Transfer Agents are positioned well. The concentration-led risk in MF is lower than CAMS, and the company benefits from lower pressure of tele-scopic pricing and higher share of smaller clientele. Key monitorable includes new large client wins over the medium term, post-integration with Ascent. To know more about KFin Tech, click here.
Avenue Supermarts Ltd.
Nuvama has maintained a ‘hold’ call and raised the price target to Rs 4,580 from Rs 4,544. Margin pressure is easing, but persists, and top-line growth momentum is maintained. Capital Work in Progress (CWIP) is at Rs 1,500 crore at the highest level, implying potentially robust store additions in the next six months. Motilal Oswal has reiterated a ‘Buy’ call and raised the price target to Rs 5,000 from Rs 4,800, continuing to build in 60 store additions in FY26. UBS has maintained a ‘Buy’ call and reduced the price target to Rs 5,500 from Rs 5,600 earlier, believing it is a major compounding story in India consumer. To learn more about Avenue Supermarts Ltd, click here.
Macquarie has maintained an underperform call with a price target of Rs 3,100, citing same-store sale growth that has slightly moderated versus Q1. The company did not like the flattish salience of general merchandise and apparel sales despite the early festive season, and the continued decline in net cash levels was concerning. To get more information about Indian stock market, click here.
Conclusion
In conclusion, the Indian stock market is expected to remain volatile in the coming days, with various factors influencing the market trends. The latest updates from the Indian stock markets, including Nifty levels, Q1 results, and major corporate actions, will continue to affect investor sentiment. It is essential for investors to stay informed and up-to-date with the latest news and developments to make informed investment decisions. To know more about Nifty today, click here.
