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3 hot stocks from Anand Rathi brokerage firm

Equitas holdings, Transformers & Rectifiers and Britannia Industries are on the radar of Anand Rathi

June 02, 2017 / 11:42 IST
Britannia Industries  | In the last four years, the stock has risen 106 percent to Rs 3405.90, as on November 3. The company's trailing 12-month (TTM) EPS was at Rs 74.36 per share. EPS in FY17 for the stock stood at Rs 36.85.
     
     
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    Anand Rathi brokerage firm's Vice-President Equity Advisory, Siddharth Sedani recommends the following stocks:

    EQUITAS HOLDINGS

    CMP: Rs 157

    TARGET: Rs 265

    Equitas will perform well with the healthy asset mix and strong play on operating leverage due sustainability of high growth in its diversified business .

    Transformers & Rectifiers

    CMP: Rs 374

    TARGET: Rs 539

    Strong order book valued at Rs 9.48 billion, forthcoming capex in state transcos to drive earnings growth

    Britannia Industries

    CMP 3605

    TARGET 3750

    We expect its continuing growth momentum, driven by product launches, expansion in domestic and global markets and consistent cost saving.

    first published: Jun 2, 2017 09:58 am

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