Assign ‘buy’ as improving travel industry will lead to strong growth across segments. Expect increased RoE driven by business volume growth, stable margins, and ongoing investment in front-end sales – Research house: Systematix.
ET Online
2/6
Kolte Patil Developers; Potential upside: 34.4%
Initiate with ‘buy’ due to new project additions, strong growth momentum in pre-sales, accelerated business development activity, track record of steady margins, robust cash flow and healthy balance sheet – Research house: Motilal Oswal.
ET Online
3/6
Bharti Airtel; Potential upside: 25.2%
Initiate with ‘buy’ due to a likely performance enhancement driven by imminent tariff hike, strong growth of enterprise and FTTH (fibre to the home), and a fall in capex after the 5G rollout. Further, an improvement in return ratios and free cash flow will support balance sheet deleveraging in the future – Research house: Antique Stock Broking.
ET Online
4/6
Pricol; Potential upside: 25.1%
Rate ‘buy’ due to premiumisation, 2W demand rebound and tailwinds in ACFMS (activated carbon fibre monoliths) segment. Anticipated margin expansion and healthy return ratios will drive future re-rating – Research house: YES Securities.
ET Online
5/6
Macrotech Developers; Potential upside: 19.3%
Maintain ‘buy’ due to the best ever quarterly pre-sales in the March quarter and debt reduction. Also, robust business development and ready inventory liquidation are key positives – Research house: Nuvama.
ET Online
6/6
Marico; Potential upside: 17.6%
Maintain ‘buy’ as diversified portfolio and likely outperformance in D2C brands will support performance. Reduction in channel inventory and discontinuation of inefficient schemes are other positives – Research house: ICICI Securities.
