Stocks to Watch, 20 May: Stocks like CMS Info Systems, GMR Power and Urban Infra, New India Assurance Company, Marksans Pharma, Ami Organics, Bharat Bijlee, Le Travenues Technology, Mangalam Organics, Integrity Infrabuild Developers, Power Grid Corporation of India, Bharat Electronics, DLF, ACME Solar Holdings, Borosil, Petronet LNG, and DOMS Industries will be in focus on May 20.
While client concentration is a key risk in the early years of building a CDMO business, a strong pipeline of products and capex for R&D augur well for the company
AMI Organics settled over 3 percent higher after Q4 net profit doubled to Rs 53 crore from Rs 25 crore a year ago in the same period.
Stocks to Watch, 4 Apr: Stocks like L&T Finance, Vedanta, RBL Bank, Bandhan Bank, SH Kelkar and Company, Jio Financial Services, GR Infraprojects, UltraTech Cement, Balaji Amines, Sai Life Sciences, Nestle India, Jupiter Wagons, Thermax, and Ami Organics will be in focus on April 4.
Stocks to Watch, Feb 24: Stocks like Bharti Airtel, Coal India, Crompton Greaves Consumer Electricals, Zaggle Prepaid Ocean Services, Jagsonpal Pharmaceuticals, Adani Green Energy, Bajaj Auto, Allcargo Logistics, RailTel Corporation of India, Swiggy, Ami Organics, SRF, and Brigade Enterprises will be in focus on February 24.
Apart from the expected growth in the CDMO and pharma businesses, the com-pany expects an uptick in the semiconductor business in FY26.
KR Choksey is bullish on Ami Organics has recommended buy rating on the stock with a target price of Rs 2613 in its research report dated January 29, 2025.
Stocks To Watch, Jan 29: Stocks like Exide Industries, Home First Finance Company India, Bharat Heavy Electricals, Bosch, Motilal Oswal Financial Services, Le Travenues Technology, Mahanagar Gas, UTI Asset Management Company, Som Distilleries and Breweries, SBI Cards and Payment Services, Piramal Pharma, and VIP Industries will be in focus on January 29.
While the semi-conductor and battery chemical businesses are the new drivers of growth for the long term, it would take time. Near-term growth would be driven by the advanced intermediates business.
KR Choksey recommended accumulate rating on Ami Organics with a target price of Rs 1994 in its research report dated October 30, 2024.
Successful inspection by the regulatory agency of Japan adds to the company’s credential in the advanced intermediates space
KR Choksey recommended accumulate rating on Ami Organics with a target price of Rs 1374 in its research report dated August 21, 2024.
Plutus Wealth Management sold a 2.44 percent stake in AMI Organics for an average price of Rs 1350 per share.
Ami Organics has launched a QIP to raise up to Rs 500 crore. The company is offering shares at a floor price of Rs 1,228.71 per share.
KR Choksey recommended Accumulate rating on Ami Organics with a target price of Rs 1294 in its research report dated May 16, 2024.
As export demand is getting better, the company expects a steady growth in H1FY25 and guides for a stronger H2 on the back of CDMO business