For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    6 super stocks that brokerage houses are betting on

    |

    Indian markets have been volatile over the last few trading sessions on concerns over quantitative easing in the US. Here are a few stocks recommended by broking houses and investment firms that could offer you value in the long term.

    Best in class NPA coverage
     

    Best in class NPA coverage

    Brokerage and Investment firm Anant Rathi has put a buy call on ING Vysya Bank. The firm feels that equity infusion at the bank would enhance its prospects. Anant Rathi also attributes its buy to best in class NPA coverage and sound asset quality at the bank.

    Cheap valuations

    Cheap valuations

    Emkay has put a buy rating on Gujarat State Petronet. "We maintain our accumulate rating on the stock with a TP of Rs78, as it has corrected from Rs70 to Rs56 and do not see it fall below the current level, as valuation provides comfort at this level. At the CMP of Rs56, the stock trades at 7.4x FY15E EPS and 0.9x P/BV," the firm has stated.

    Improving asset quality

    Improving asset quality

    Karvy Stock Broking has put a buy rating on Development Credit Bank citing improved quality of assets. "Asset quality is a key catalyst for DCB with average slippages of 1.3% over FY11‐13. As the Bank is adequately capitalized, it doesn't need to raise capital for another three years. We initiate coverage on DCB with "BUY" recommendation with a target price Rs. 70 per share valuing by residual income model and implying valuation of 1.4x P/ABV FY15E," the firm has stated.

    Price target of Rs 72
     

    Price target of Rs 72

    Firstcall is bullish on Zicom and has put a buy rating on the stock. "We expect that the company surplus scenario is likely to continue for the next three years, will keep its growth story in the coming quarters also. We recommend ‘BUY' in this particular scrip with a target price of Rs 72 for Medium to Long term investment," says Firstcall Research report.

    Good dividend yield

    Good dividend yield

    Nirmal Bang is bullish on GIC Housing Finance "In our view, the correction in the stock provides a good buying opportunity along with attractive dividend yield of 4.5 percent. With major improvements in place, and the interest rates showing signs of coming down, the overall demand for housing loans for GIC Housing have seen a significant revival.

    Attractive valuations

    Attractive valuations

    Sushil Finance has recommended the stock of VST Tillers. "At the CMP of Rs.360, VST is trading at an attractive valuation 5.8x & 5.0x its FY14E & FY15E EPS of Rs. 62.4 & Rs. 72.5 respectively. We assign 'BUY' Rating on the stock with a target price of Rs 435 (6x its FY15E earnings)," says Sushil Finance research report.

    Read more about: stock ideas
    Story first published: Thursday, July 4, 2013, 8:33 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more