Latest news with #Midcap
Mint
3 days ago
- Business
- Mint
M&M to Indigo: THESE four Yes Securities stock picks may rock July 2025; do you own any?
Yes Securities has unveiled its top stock picks for July 2025, emphasizing structurally strong businesses with high earnings visibility and favorable macro tailwinds. Indian equity markets continued their recovery through June, supported by easing macro volatility, declining oil prices, positive trade developments, and improved investor sentiment. As of June, the Nifty 50 rose 15 percent since February 2025 lows, while Midcap and Smallcap indices surged 25 and 29 percent respectively, signaling broad-based bullish momentum. Yes Securities said Amber Enterprises remains a compelling buy with a 12-month target price of ₹ 9,187, implying a 25 percent upside from its previous close of ₹ 7349.25. The company is a leading contract manufacturer for room air conditioners (RACs), serving top brands like LG, Voltas, and Blue Star. It operates 23 manufacturing facilities and has aggressively diversified into backward integration, electronics, and green technology. According to Yes Securities, Amber's acquisition of Power-One Micro Systems strengthens its presence in EV charging, solar inverters, and battery energy storage. The company is also investing in India's first HDI PCB manufacturing unit through a JV with Korea Circuit. Despite temporary macro headwinds, management expects demand normalization by Q3FY26, supported by festive tailwinds and industry outperformance. Amber's disciplined capital allocation, net debt control, and plans for demerging its electronics vertical further strengthen its investment appeal, Yes Securities said. Yes Securities has a "Buy" rating on InterGlobe Aviation (IndiGo) with a target of ₹ 6,903, indicating a 20 percent upside. IndiGo commands a dominant 64 percent market share in India's domestic aviation sector and operates a lean, cost-efficient model with one of the youngest fleets in the world. Yes Securities said that IndiGo is well-positioned to ride India's aviation supercycle, with increasing passenger demand, government support for airport infrastructure, and a massive 955-aircraft order book. The company is rapidly scaling its international presence and aims to increase international ASK share from 30 percent in FY25 to 40 percent by FY30. With limited competition and secure aircraft deliveries, IndiGo stands to benefit from improved pricing power. Ancillary revenues now contribute 15 percent of its topline and are expected to grow faster than passenger revenues, making the airline a high-growth, high-moat opportunity. Mahindra & Mahindra: Rural Demand and EV Ambitions Drive Growth Mahindra & Mahindra (M&M) also features on Yes Securities' July buy list with a target of ₹ 3,796, offering a potential 20 percent upside from the previous close of ₹ 3161.75. The company delivered a strong FY25 performance with standalone revenues of ₹ 1.18 lakh crore and EBITDA of ₹ 18,416 crore, driven by its leadership in tractors, utility vehicles, and LCVs. Yes Securities highlighted M&M's growing market share across segments and its 17-model product pipeline by FY30, including five new SUVs. The company is aggressively ramping up EV production with capacity for 1.2 lakh units at Chakan and aims to expand its CV business via its stake in SML Isuzu. With strong internal accruals, a declining debt profile, and strategic investments, M&M is well-positioned for sustained growth in both domestic and international markets, Yes Securities said. Caplin Point Laboratories rounds out Yes Securities' top picks for July, with a 12-month target price of ₹ 2,422, implying a 20 percent upside from previous close of ₹ 2017.30. The company operates in over 23 countries and has a strong presence in Latin America and Africa, complemented by a growing foothold in regulated markets like the US and Canada. Yes Securities said Caplin Point's subsidiary, Caplin Steriles, is expected to receive 10-12 ANDA approvals and launch over 15 own-label products in FY26. The company is investing over ₹ 1,000 crore to deepen integration, scale API capacity, and enhance its high-value product pipeline, including GLP-1s and oncology drugs. With strong FY25 earnings, 36.5 percent EBITDA margins, and ₹ 1,180 crore in cash reserves, the company remains debt-free and fundamentally robust. Its minimal reliance on Chinese APIs provides further resilience. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
02-07-2025
- Business
- Mint
Stocks to buy under ₹100: Experts recommend four shares to buy today — 2 July 2025
Stocks to buy under ₹ 100: Without any big trigger, the Indian stock market remained rangebound throughout the Tuesday session. The Nifty 50 index ended 24 points higher at 25,541, the BSE Sensex finished 90 points higher at 83,697, while the Bank Nifty index gained 146 points and closed at 57,459. Leading the charge among the top performers on the Nifty were Apollo Hospital, BEL, and Reliance, showcasing individual stock strength. Conversely, Nestle, Axis Bank, and Shriram Finance ended the session as major losers. Trading volumes on the NSE cash market were down by 7% compared to yesterday, indicating moderate activity. After their sharp rally over the last seven days, both the Midcap and the Smallcap Indices entered a phase of consolidation in a narrow range. The Nifty Midcap 100 gained a marginal 0.01%, while the Nifty Smallcap 100 registered a slight dip of 0.10%. Despite this, market breadth remained positive for the sixth consecutive day, with advancing stocks outpacing declining ones, as indicated by a BSE advance-decline ratio of 1.04. Speaking on the outlook of the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index witnessed a very narrow rangebound session hovering near the 25,500 to 25,550 zone with consolidation happening, maintaining the bias positive and anticipating a further rise in the coming days. We maintain our stance for the index, having the near-term support positioned near the 25,250 to 25,300 zone. On the upside, the scope for higher targets of 25, 700, and 26200 levels is achievable, with the undertone maintained strong." "The Bank Nifty index overall had a sluggish session with some positive moves witnessed in the second half among the financial counters, anticipating a further upward move once a decisive breach above the 57600 zone is confirmed. The index has sustained near the peak zone with bias maintained strong, having the important support near the 56,000 zone, which needs to be sustained, and, on the upside, with the bias improving, can expect fresh targets of 58,500 and 60,000 levels in the coming days," said Shiju Kuthupalakkal of Prabhudas Lilladher. Regarding stocks to buy today, market experts — Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshul Jain, Head of Research at Lakshmishree Investment — recommended four intraday stocks for today under ₹ 100: Filatex India, IOB, Paisalo Digital, and Paramount Communications. 1] Filatex India: Buy at ₹ 57, Target ₹ 68, Stop Loss ₹ 55; and 2] IOB: Buy at ₹ 40, Target ₹ 45, Stop Loss ₹ 38. 3] Paisalo Digital: Buy at ₹ 31.40, Targets ₹ 33.30, ₹ 34.20, Stop Loss ₹ 30.20. 4] Paramount Communications: Buy at ₹ 57.50, Target ₹ 62.50, Stop Loss ₹ 56.
Mint
02-07-2025
- Business
- Mint
Stocks to buy under ₹100: Experts recommend four shares to buy today — 2 July 2025
Stocks to buy under ₹ 100: Without any big trigger, the Indian stock market remained rangebound throughout the Tuesday session. The Nifty 50 index ended 24 points higher at 25,541, the BSE Sensex finished 90 points higher at 83,697, while the Bank Nifty index gained 146 points and closed at 57,459. Leading the charge among the top performers on the Nifty were Apollo Hospital, BEL, and Reliance, showcasing individual stock strength. Conversely, Nestle, Axis Bank, and Shriram Finance ended the session as major losers. Trading volumes on the NSE cash market were down by 7% compared to yesterday, indicating moderate activity. After their sharp rally over the last seven days, both the Midcap and the Smallcap Indices entered a phase of consolidation in a narrow range. The Nifty Midcap 100 gained a marginal 0.01%, while the Nifty Smallcap 100 registered a slight dip of 0.10%. Despite this, market breadth remained positive for the sixth consecutive day, with advancing stocks outpacing declining ones, as indicated by a BSE advance-decline ratio of 1.04. Speaking on the outlook of the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index witnessed a very narrow rangebound session hovering near the 25,500 to 25,550 zone with consolidation happening, maintaining the bias positive and anticipating a further rise in the coming days. We maintain our stance for the index, having the near-term support positioned near the 25,250 to 25,300 zone. On the upside, the scope for higher targets of 25, 700, and 26200 levels is achievable, with the undertone maintained strong." "The Bank Nifty index overall had a sluggish session with some positive moves witnessed in the second half among the financial counters, anticipating a further upward move once a decisive breach above the 57600 zone is confirmed. The index has sustained near the peak zone with bias maintained strong, having the important support near the 56,000 zone, which needs to be sustained, and, on the upside, with the bias improving, can expect fresh targets of 58,500 and 60,000 levels in the coming days," said Shiju Kuthupalakkal of Prabhudas Lilladher. Regarding stocks to buy today, market experts — Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshul Jain, Head of Research at Lakshmishree Investment — recommended four intraday stocks for today under ₹ 100: Filatex India, IOB, Paisalo Digital, and Paramount Communications. 1] Filatex India: Buy at ₹ 57, Target ₹ 68, Stop Loss ₹ 55; and 2] IOB: Buy at ₹ 40, Target ₹ 45, Stop Loss ₹ 38. 3] Paisalo Digital: Buy at ₹ 31.40, Targets ₹ 33.30, ₹ 34.20, Stop Loss ₹ 30.20. 4] Paramount Communications: Buy at ₹ 57.50, Target ₹ 62.50, Stop Loss ₹ 56. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
02-07-2025
- Business
- Mint
Buy or sell: Vaishali Parekh recommends three stocks to buy today — 2 July 2025
Buy or sell stocks: Without any big trigger, the Indian stock market remained rangebound throughout the Tuesday session. The Nifty 50 index ended 24 points higher at 25,541, the BSE Sensex finished 90 points higher at 83,697, while the Bank Nifty index gained 146 points and closed at 57,459. Leading the charge among the top performers on the Nifty were Apollo Hospital, BEL, and Reliance, showcasing individual stock strength. Conversely, Nestle, Axis Bank, and Shriram Finance ended the session as major losers. Trading volumes on the NSE cash market were down by 7% compared to yesterday, indicating moderate activity. After their sharp rally over the last seven days, both the Midcap and the Smallcap Indices entered a phase of consolidation in a narrow range. The Nifty Midcap 100 gained a marginal 0.01%, while the Nifty Smallcap 100 registered a slight dip of 0.10%. Despite this, market breadth remained positive for the sixth consecutive day, with advancing stocks outpacing declining ones, as indicated by a BSE advance-decline ratio of 1.04. Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, believes the Indian stock market trend is bullish and sees a further rise in the key benchmark index once it breaks above 25,700 on a closing basis. The Prabhudas Lilladher expert said the Nifty 50 index is expected to touch 26,200 soon once it breaks above the 25,700 level. Speaking on the outlook of the Nifty 50 today, Vaishali Parekh said, "The Nifty 50 index witnessed a very narrow rangebound session hovering near the 25,500 to 25,550 zone with consolidation happening, maintaining the bias positive and anticipating a further rise in the coming days. We maintain our stance for the index, having the near-term support positioned near the 25,250 to 25,300 zone. On the upside, the scope for higher targets of 25, 700, and 26200 levels is achievable, with the undertone maintained strong." "The Bank Nifty index overall had a sluggish session with some positive moves witnessed in the second half among the financial counters, anticipating a further upward move once a decisive breach above the 57600 zone is confirmed. The index has sustained near the peak zone with bias maintained strong, having the important support near the 56,000 zone, which needs to be sustained, and, on the upside, with the bias improving, can expect fresh targets of 58,500 and 60,000 levels in the coming days," said Parekh. Parekh said that Nifty's immediate support today is at 25,400, while resistance is at 25,700. The Bank Nifty will have a daily range of 57,000 to 58,000. Regarding stocks to buy today, Vaishali Parekh recommended buying these three buy-or-sell stocks: Filatex India, Indian Overseas Bank (IOB), and Himatsingka Seide. 1] Filatex India: Buy at ₹ 57, Target ₹ 68, Stop Loss ₹ 55; 2] IOB: Buy at ₹ 40, Target ₹ 45, Stop Loss ₹ 38; and 3] Himatsingka Seide: Buy at ₹ 157, Target ₹ 170, Stop Loss ₹ 152. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
01-07-2025
- Business
- Mint
Stocks to buy under ₹100: Experts recommend four shares to buy today — 1 July 2025
Stocks to buy under ₹ 100: After rising for three straight sessions, the key benchmark indices of the Indian stock market took a pause and ended lower on Monday. The Nifty 50 index ended 120 points lower at 25,517, the BSE Sensex finished 452 points lower at 83,606, while the Bank Nifty index went off 131 points and closed at 57,312. Leading the charge among the top performers on the Nifty were Trent, BEL, and SBI, showcasing notable resilience against the broader market's pullback. Conversely, Tata Consumers, Kotak Bank, and Axis Bank ended the session as major losers. On this final day of the June month, trading volumes on the NSE cash market were 3% lower compared to the average of the last ten days, indicating a slight moderation in activity. The Midcap and the Smallcap Indices bucked the trend, continuing their upward journey for the seventh day. Nifty Midcap 100 gained 0.60% while Nifty Smallcap 100 rose 0.52% to close at its highest levels since 02nd January. Market breadth remained positive for the fifth row, with advancing stocks outpacing declining ones, as indicated by a BSE advance-decline ratio of 1.36. Amongst the sectoral indices, Nifty PSU Banks, Consumer Durables, and Pharma gained the most, demonstrating pockets of strong buying interest. Conversely, Nifty Private Banks, Realty, and Auto were the major losers, contributing to the market's dip. Speaking on the outlook for the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index witnessed a halt resisting near the 25,650 zone in the morning session and thereafter witnessed a gradual slide as the day progressed to end near the 25,500 zone with overall bias and sentiment maintained strong expecting for further rise in the coming days. As mentioned earlier, the index would have near-term support near the 25,250-25,300 zone. On the upside, with the strong undertone, the scope for higher targets of 25700 and 26200 levels is achievable, with bias and sentiment better placed." "The Bank Nifty index took a breather near the 57600 zone after the strong pick-up witnessed in the previous session and ended the day near the 57300 level with overall positive bias. The index continues to have important support near the 56000 zone, which needs to be sustained, and, on the upside, with the bias improving, can expect fresh targets of 58500 and 60000 levels in the coming days," said Shiju Kuthupalakkal of Prabhudas Lilladher. Regarding stocks to buy today, market experts — Sumeet Bagadia, Executive Director at Choice Broking; Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher; Mahesh M Ojha, AVP — Research at Hensex Securities; and Anshul Jain, Head of Research at Lakshmishree Investment — recommended four intraday stocks for today under ₹ 100: UCO Bank, Visaka Industries, NHPC, and Dhani Services. 1] UCO Bank: Buy at ₹ 32, Target ₹ 36, Stop Loss ₹ 30. 2] Visaka Industries: Buy at ₹ 92 to ₹ 94, Targets ₹ 98, ₹ 102, ₹ 105, Stop Loss ₹ 88; and 3] NHPC: Buy at ₹ 85.50 to ₹ 86, Targets ₹ 87.50, ₹ 89, ₹ 91, ₹ 94, Stop Loss ₹ 83.80. 4] Dhani Services: Buy at ₹ 68.50, Target ₹ 74, Stop Loss ₹ 66.
