With a strong order book and expanding capacities, the company is well-positioned to outperform peers with superior returns
JK Paper is well positioned to benefit from the sector tailwinds given market leading position and input cost pressures. Capacity expansion will fuel earnings visibility and could offer reasonable upside over the medium term.
Investors are turning towards broader markets due to improved earnings visibility. Large caps, on the other hand, have rallied in full swing and the majority of them are currently trading at overbought levels.
We have collated a list of 10 stocks where different brokerage firms initiated their coverage in December
The market is likely to remain in a tight range due to lack of domestic triggers as well as mixed global cues," Siddhartha Khemka, Head - Retail Research at MOFSL told Moneycontrol.
Technically weak stocks which are unable to sustain above 200- or 50-DMA should be avoided, suggest experts