Tuesday, March 18, 2025

Creating liberating content

Joshua Riibe, the man who last saw missing Indian-American student

PATIALA: SAD leader Bikram Singh Majithia on Monday appeared before

US President Donald Trump will speak to Russian President Vladimir

Before we dive into the various ways to use spinach

Related News

Joshua Riibe, the man who last saw missing Indian-American student Sudiksha Konanki in the Dominican Republic and the ‘person of interest’ in the case, has told the country’s police that

PATIALA: SAD leader Bikram Singh Majithia on Monday appeared before the special investigation team (SIT) in Patiala which is probing a drugs case registered against him in December 2021. He

US President Donald Trump will speak to Russian President Vladimir Putin on Tuesday morning (local time) to discuss ending the war in Ukraine. President Trump stated that while “many elements”

Before we dive into the various ways to use spinach for hair growth, let’s first understand why spinach is so beneficial for hair health. Here are some of the key

A curfew has been imposed in several areas of Nagpur after violence broke out over a call to move the tomb of Mughal emperor Aurangzeb out of Maharashtra. The 17th-century

White House defends decision to deport alleged gang members amid legal fight – CBS News Watch CBS News Over the weekend, the Trump administration cited a rarely-used 18th-century law to

Trending News

MUMBAI: RBI has pumped in over Rs 5 lakh crore into the banking system since mid-Jan through bond purchases, forex swaps and early-April maturity repos. To ensure that liquidity remains

Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, Trent and Bharat Forge are the top

NEW DELHI: India’s trade deficit has narrowed to a 42-month low of $14 billion in Feb 2025, thanks primarily to imports slowing to $51 billion, data released by the commerce

US President Trump with PM Modi NEW DELHI: Amid US President Donald Trump’s tariff threats, India is engaging with the US to find ways of increasing trade and discussing the

Bajaj to buy out Allianz’s stakes in insurance joint ventures MUMBAI: In the biggest insurance sector deal in India, Bajaj group will buy out Allianz’s 26% stakes in their life

Foreign portfolio investors (FPIs) are on track for the worst-ever annual equity selloff in FY25 in rupee terms, driven by sustained outflows since October 2024. In the first two weeks

Top stock recommendations for the week starting February 24, 2025

Word Count: 625 | Estimated Reading Time: 4 minutes


Top stock recommendations for the week starting February 24, 2025
Top stocks to buy (AI image)

Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting February 24, 2025) are Hindalco and UltraTech. Let’s take a look:

Stock Name CMP (Rs) Target (Rs) Upside (%)
HindalCo 652 730 12%
UltraTech 11160 13800 24%

Hindalco
HNDL’s 3QFY25 posted in line consl. results with ebidta/APAT up 29%/61% YoY, driven by favorable pricing & lower input costs, offsetting Novelis weak results. Novelis 4Q is expected to recover, led by higher vol. & better pricing/product mix. Indian FRP (flat rolled products) market is estimated to grow by ~20% in FY25, led by growth in packaging & cons. durables. It foresees 4% growth in aluminum FRP as global beverage packaging demand remains strong. Ongoing capex in Novelis will establish HNDL as the global leader in the beverage cans & automotive FRP seg. With strong domestic operations & expansion in key segments, HNDL is well-positioned for healthy earnings growth in FY26/27E.
UltraTech
UltraTech maintains industry leadership with capacity CAGR of 10% (FY15-24 vs. ind. avg 5%) & high utilization rate (76% vs ind. avg. 67%). Dom. grey capacity expected to reach 209.3mtpa by FY27, adding 43.6mtpa (75% organic add. & 25% inorganic). Cement demand is recovering post-festive season, with ind. vol. expected to grow 4% YoY in FY25, implying 7-8% growth in Q4. This growth is driven by pent-up demand, rebound in govt. spending, robust demand in real estate & housing sectors. It is anticipated to benefit from its increasing scale of operations, cost-saving strategies, low capex cost, and strong cash flow generation. We estimate consol. revenue/EBITDA/PAT CAGR at 17%/28%/32% over FY25-27.
Disclaimer: The opinions, analyses and recommendations expressed herein are those of brokerage and do not reflect the views of The Times of India. Always consult with a qualified investment advisor or financial planner before making any investment decisions.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account