Stock Recommendations – Stock Advice, Stocks to Buy Today, Stock Recommendations on The Economic Times
Buy Eureka Forbes, target price Rs 665: ICICI Securities
ICICI Securities advises buying Eureka Forbes with a revised target price of Rs 665, noting anticipated revenue and PAT growth over FY24-27E. Despite a recent decline in quarterly income to Rs 602.18 crore, net profit stands at Rs 35.03 crore. Promoters hold 62.56% stake, and key risks include competitive pressures and higher commodity prices.
Buy Star Cement, target price Rs 240: HDFC Securities
HDFC Securities recommends buying Star Cement Ltd. with a target price of Rs 240. Despite a slight dip in EBITDA due to stabilization expenses of new units, the company shows promising volume and revenue growth. Continued leadership in…
