Brokerages are busy suggesting stocks to buy for 2015 and most analysts expect the Sensex to give returns between 10-15 per cent for Calendar Year 2015.
Karvy Stock Broking sees strong traction with double digit growth in domestic decorative paints for the company. Volumes in industrial and automotive segments to improve amid uptick in economic growth, the firm has said. The firm says that softening raw material prices is also a positive. Asian Paints last closed at Rs 776 on the NSE.
Karvy says that revenue traction to continue in Custom Synthesis for Divis Labs and higher yields will strengthen leadership in Generics. Nutraceuticals to scale up operations. Currency risk would remain one of the risks for the company. Divis Labs closed at Rs 1750 on the National Stock Exchange.
India's largest private sector steel maker to benefit from robust economic growth, says Karvy's Report. Product mix in favour of value added products for better realizations and organic & in-organic growth plans to drive quality growth. Converting low grade iron ore into high value products boosts prospects.
The share price of JSW Steel closed at Rs 1067 on the National Stock Exchange.
According to the Karvy report, proven leadership reflected in robust order book build-up remains a positive for L&T along with excellent execution capabilities. Also strong traction in infrastructure segment to drive growth forward. Larsen closed at Rs 1537 on the National Stock Exchange.
Reliance Industries' Capex in core business (Refining & Pet-chem) to drive growth & profitability and Upstream, Petroproducts retailing and Shale gas to also drive growth. Launch of Rel Jio 4G services could be a game changer in the telecom market, according to the Karvy report. Aggressive expansion in retail to strengthen leadership position. Reliance closed at Rs 894 on the National Stock Exchange.