INSUBCONTINENT EXCLUSIVE:
BHARTI AIRTEL| CMP: ?457.35 | YTD Change: 59.23%THE STOCK is the top performer in the Sensex this year mainly due to the end of the telecom
The consensus target price of ?517.32 (based on Bloomberg data) implies a potential upside of 13% from current levels over the next one
year.
ICICI BANK | CMP: ?541.04 | YTD Change: 50.29%ELARA CAPITAL said the bank has traversed an elongated path through a prolonged cycle of
high NPL and credit cost, and offers simultaneous support to profitability from realization from the sale of stake in subsidiaries
Analysts expect the stock to outperform going ahead
EXPECT the lender to sustain its outperformance going ahead due to its strong liability profile and asset quality
in 2019 due to its ability to deliver superior growth, profitability and asset quality performance
He expects the stock to touch ?4,400.
RELIANCE INDUSTRIES | CMP: ?1545.95 | YTD Change: 37.9%ACCORDING TO the Motilal Oswal Wealth Creation
Study, RIL has been the biggest wealth creator over 2014-19
Change: 114.68%ANALYSTS SEE the company (now Nippon India Mutual Fund) as an attractive play on the theme of financialisation of savings in
of ?427.
INDRAPRASTHA GAS | CMP: ?430.7 YTD | Change: 61.2%THE COMPANY is on an aggressive growth path, and volumes are to more than double
benefiting from its large customer base and strong product offering
in 2019, Haitong Securities is not positive on its prospects
The brokerage has a target price of ?2015 on the stock.
BERGER PAINTS INDIA | CMP: ?520.1 YTD | Change: 57.30 %ANALYSTS EXPECT some pullback
in the stock after the strong outperformance
While earnings visibility still remains good, valuations at 58 times estimated EPS for FY21 are expensive and the 15% premium over Asian
Paints looks unjustified, said Emkay Global
The brokerage has a target price of ?460.
competition in plain vanilla broking by transforming itself from mere broking / distribution to a
It has a target price of ?450