India's outperforming economy is attracting the attention of both domestic and international brokerages. As a result, several experts are recommending investments in promising companies, expecting continued market growth.
Honanza Consumer Limited, Abhijay Surrendra Park Hotels Limited, Yatharth Hospitals & Trauma Care Service Limited, and Archean Chemical Industries Limited are some of the companies recommended by various brokerages, both international and domestic.
These companies are seen as potential buys with the possibility of up to 38% growth. The recommendation comes at a time when the market is already experiencing a strong upswing.
Honanza, a leading FMCG company, has been lauded by Citi for its consistent product innovation, strong distribution network, and brand building efforts.
These factors, coupled with the rising demand in India, are expected to drive significant long-term growth.
Ananda Rathi recommends Apeejay Surrendra, a prominent player in the luxury hotel segment. The company operates across various segments, offering luxurious accommodations in key commercial locations. Apeejay Surrendra Park Hotels' competitive pricing strategy and focus on customer satisfaction have consistently fueled its growth. However, the brokerage firm cautions that potential economic pressure could impact hotel revenue.
SMIFS recommends Yatharth Hospitals, a leading healthcare provider with significant expansion plans. The company aims to double its bed capacity to 2,810 within the next five years.
Its focus on major cities, diverse treatment options, and technological advancements are seen as potential growth drivers. The brokerage firm expects these factors to improve the company's margins and recommends buying the stock.
BP Equities recommends Archean Chemicals, a diversified chemical company with a strong international presence. The company's diverse product portfolio, international clientele, and projected revenue and profit growth make it an attractive investment option.
This article is for informational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any investment decisions.
Data in this section is not a buy/sell recommendation but only a compilation of information on various technical/volume-based parameters
Analyst certifies that all of the views, if any, expressed in this report reflect his personal views about the subject company or companies and its or their securities, and no part of his compensation was, is or will be, directly or indirectly related to specific recommendations or views expressed in this report. Analyst affirms that there exists no conflict of interest that can bias his views in this report. The Analyst does not hold any share(s) in the company/ies discussed.
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This Article was originally written by S Pugazharasi and appeared in Vikatan.com. Here is the revised english version.
