Stock recommendations are advice from financial experts telling investors whether they should buy, sell, or keep certain stocks based on their analysis of the market.
A buy call recommendation tells investors to purchase a stock because it’s expected to rise in value based on favorable analysis.
Indian Renewable Energy Development Agency Limited
Indian Renewable Energy Development Agency (IREDA) is a Government of India enterprise that provides financial support for renewable energy and energy efficiency projects. The RBI-registered infrastructure finance company operates under the Ministry of New and Renewable Energy’s supervision. IREDA has earned prestigious Navaratna status for its significant role in developing sustainable energy solutions.
With a market capitalization of Rs. 51,416.94 crore, the share price of Indian Renewable Energy Development Agency Limited closed at Rs. 191.30 per share on Friday, down by 4.42 percent from its previous close.
ICICI Direct, a prominent brokerage firm, has recommended a “Buy” call on Indian Renewable Energy Development Agency Limited with a target price of Rs. 280 per share, indicating an upside potential of 46.40 percent.
Indian Renewable Energy Development Agency Limited’s revenue has increased from Rs. 3,483 crore in FY23 to Rs. 4,965 crore in FY24, which has grown by 42.55 percent. The net profit of the company has increased by 44.74 percent, from Rs. 865 crore in FY23 to Rs. 1,252 crore in FY24.
AU Small Finance Bank Limited
AU Small Finance Bank delivers comprehensive banking solutions through retail and wholesale banking segments across India. The bank serves individual customers with personal loans, savings accounts, and vehicle financing through its branch network. Additionally, AU Small Finance Bank supports large corporations, government bodies, and enterprises with specialized lending and transaction services.
With a market capitalization of Rs. 44,839.02 crore, the share price of AU Small Finance Bank Limited closed at Rs. 603.05 per share on Friday, down by 6.58 percent from its previous close.
Motilal Oswal, a prominent brokerage firm, has recommended a “Buy” call on AU Small Finance Bank Limited with a target price of Rs. 830 per share, indicating an upside potential of 37.30 percent.
AU Small Finance Bank Limited’s net interest income has increased from Rs. 4,425.28 crore in FY23 to Rs. 5,157.08 crore in FY24, which has grown by 16.54 percent. The net profit of the company has decreased by 7.49 percent, from Rs. 1,428 crore in FY23 to Rs. 1,535 crore in FY24.
RBL Bank Limited
RBL Bank delivers comprehensive banking solutions through five business verticals, serving 12.91 million customers across India. The private sector bank operates 517 branches and 1,166 business correspondent locations nationwide. RBL Bank serves large corporations, emerging businesses, and retail customers through innovative digital banking channels and ATM networks.
With a market capitalization of Rs. 9,829.26 crore, the share price of RBL Bank Limited closed at Rs. 161.75 per share on Friday, down by 2.53 percent from its previous close.
Emkay Global, a prominent brokerage firm, has recommended a “Buy” call on RBL Bank Limited with a target price of Rs. 325 per share, indicating an upside potential of 100.72 percent.
RBL Bank Limited’s net interest income has increased from Rs. 4,870.94 crore in FY23 to Rs. 6,043.75 crore in FY24, which has grown by 24.08 percent. The net profit of the company has decreased by 32.27 percent from Rs. 883 crore in FY23 to Rs. 1,168 crore in FY24.
Action Construction Equipment Limited
Action Construction Equipment manufactures diverse construction and agriculture machinery from its facilities in Haryana, India. The company produces hydraulic cranes, material handling equipment, road construction machines, and agricultural implements. ACE serves multiple sectors including infrastructure, power, mining, railways, and defense through its four specialized business segments.
With a market capitalization of Rs. 14,561.49 crore, the share price of Action Construction Equipment Limited closed at Rs. 1,222.80 per share on Friday, down by 3.59 percent from its previous close.
ICICI Direct, a prominent brokerage firm, has recommended a “Buy” call on Action Construction Equipment Limited with a target price of Rs. 1,700 per share, indicating an upside potential of 39.01 percent.
Action Construction Equipment Limited’s revenue has increased from Rs. 2,160 crore in FY23 to Rs. 2,914 crore in FY24, which has grown by 34.91 percent. The net profit of the company has decreased by 89.6 percent from Rs. 173 crore in FY23 to Rs. 328 crore in FY24.
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Godrej Properties Limited
Godrej Properties develops premium real estate projects across nine major Indian cities under the trusted Godrej brand name. The company creates residential and commercial properties through multiple subsidiaries nationwide. Godrej Properties maintains a strong presence in metropolitan regions, including Mumbai, Delhi NCR, and Bangalore.
With a market capitalization of Rs. 81,611.23 crore, the share price of Godrej Properties Limited closed at Rs. 2,935 per share on Friday, up by 0.34 percent from its previous close.
ICICI Direct, a prominent brokerage firm, has recommended a “Buy” call on Godrej Properties Limited with a target price of Rs. 3,725 per share, indicating an upside potential of 27.1 percent.
Godrej Properties Limited’s revenue has increased from Rs. 2,252 crore in FY23 to Rs. 3,036 crore in FY24, which has grown by 34.81 percent. The net profit of the company has decreased by 20.29 percent from Rs. 621 crore in FY23 to Rs. 747 crore in FY24.
Karnataka Bank Limited
Karnataka Bank provides comprehensive financial services through its four key segments: treasury, corporate, retail, and other banking operations. The bank delivers diverse solutions including personal loans, business financing, agricultural credit, and digital banking services. Karnataka Bank serves customers with investment products, insurance offerings, and specialized NRI services.
With a market capitalization of Rs. 7,659.25 crore, the share price of Karnataka Bank Limited closed at Rs. 202.80 per share on Friday, down by 2.90 percent from its previous close.
Anand Rathi, a prominent brokerage firm, has recommended a “Buy” call on Karnataka Bank Limited with a target price of Rs. 298 per share, indicating an upside potential of 47.2 percent.
Karnataka Bank Limited’s net interest income has increased from Rs. 3,185.11 crore in FY23 to Rs. 3,298.74 crore in FY24, which has grown by 3.57 percent. The net profit of the company has decreased by 10.68 percent from Rs. 1,180 crore in FY23 to Rs. 1,306 crore in FY24.
Written By- Nikhil Naik
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