MC Pro remains positive on Nocil (9.4x EV/Ebitda FY24e) as the base scenario is one of global auto/tyre demand improving in the medium-long term. Any faster execution of the ‘China plus’ opportunity will be a trigger for re-rating. Here’s why
Prakash Gaba of prakashgaba.com recommends buying CG Power with target at Rs 84 and stop loss at Rs 81.50, a buy on ITC with target at Rs 275 and stop loss at Rs 265 and a buy also on Jet Airways with target at Rs 680 and stop loss at Rs 630.
says Rajesh Agarwal AUM Capital.