By Admin 
JM Financial Stock Picks: Due to the situation arising in the Middle East, there are continuous fluctuations in the stock market. In such a situation, investors are looking for those stocks which can give them better returns in the coming time.
Meanwhile, brokerage firm JM Financial has given its coverage on some selected shares. The firm seems positive about the strong earnings prospects of the companies and the upcoming growth. Let us know about these stocks…
Aequs Ltd
Brokerage firm JM Financial has adopted a positive stance on Aequs Ltd and advised to buy it. The firm has set a target of Rs 145 for it, which indicates a possible increase of about 20 percent from the current price.
According to the firm, the company works as a tier-1 supplier in the aerospace sector. Its partnership with global companies like Airbus and Boeing makes it stronger. Due to strong order book and good client relationships, the company’s growth is expected to remain stable.
Balkrishna Industries Ltd
Brokerage JM Financial, while giving its opinion on auto sector company Balkrishna Industries, has described it as attractive from investment point of view. The firm has set a target price of Rs 2,540 for the company shares. Which shows the possibility of an increase of about 25 percent from the current price.
According to the brokerage, the company’s hold remains strong in the $15–18 billion global off-highway tire market. Talking about the company’s business, it has reached 160 countries.
Also, the company has focused on the replacement segment with different products, where margins are better. Due to which growth is expected compared to other companies in this sector.
Aurobindo Pharma Ltd
JM Financial has shown a positive attitude towards pharma sector company Aurobindo Pharma. According to the brokerage, the company shares may rise by 25 percent from the current prices. The firm has fixed a target price of Rs 1610 for this.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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