Stocks To Buy — Six Top Picks For April With Up To 41% Upside Recommended By DRChoksey

High Conviction Stocks Idea Attributes • Company: a) Sound / resilient business; b) Consistent strong financials; c) High growth potential; and d) High return on invested capital. Industry: a) Market leaders / Strong brand value; b) High growth opportunities; c) Strong entry barriers. Management: a) Visionary Leadership; b) Strong & Effective Management; and c) High corporate access, including promoters and CXOs. DevenChoksey Differentiators: a) Analytics that predicts market movements; and b) High quality actionable research.NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..DRChoksey Report.Infosys secures broad-based wins across verticals; TCV at USD 2.5 billionCurrent market price Rs 1,527 / Target Rs 2,154 / Potential Upside 41.1%We expect Infosys Ltd.'s revenue/ Ebit/ PAT to grow at a CAGR of 8.9%/10.3%/8.1% over FY24-FY27E. We assign a P/E of 27.0x on FY27E EPS of Rs 79.7 to arrive at a target price of Rs 2,154 per share. This implies a leftover upside of 41.1% from current levels. Accordingly, we have a Buy rating on the shares of Infosys since Jan 18, 2025..Axis Bank - Strengthening the core with a resilient franchise and structural growth levers Current market price Rs 1,086 / Target Rs 1,283 / Potential Upside 18.1%Axis Bank Ltd. continues to make structural improvements that support Net Interest Margin resilience, with progress visible across multiple vectors. The balance sheet mix has improved, with loans and investments forming 90.0% of total assets as of December 31, 2024, an 89 bps YoY increase. The share of retail and CBG advances rose to 71% of total advances, up 167 bps YoY, driving better portfolio yields. Additionally, low-yielding RIDF bonds have declined by Rs 83,910 million YoY, reducing their share in total assets to 1.10% from 1.80% a year ago. On the liabilities side, Axis Bank continues to maintain industry-best outflow ratios at 25.3%, reflecting high-quality liabilities. While there was a decline in QAB CASA to 39.0%, the impact was offset by a favorable rate benefit across parts of the liability stack. These structural levers continue to reinforce the bank’s NIM trajectory amidst a challenging rate environment..Click on the attachment to read the full report:.Banks Q4 Preview: Rate Cuts To Keep Margins In Check, Says Motilal Oswal — HDFC Bank, SBI Among Top Picks.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Stocks To Buy — Six Top Picks For April With Up To 41% Upside Recommended By DRChoksey

Axis Securities lists top six ideas for this April, investors can look to invest in these stocks to get upto 41% potential upside.

NDTV Profit

NDTV Profit

Follow Us

DOWNLOAD THE APP