Stocks in Action: Brokerage Calls and Analyst Comments
MOSL On PNB Hsg Fin
Hey there! Today we’re talking about PNB Housing Finance. MOSL has given it a Buy Call with a target price of `1,160 per share. They believe that the company is on the right track with a strategic shift in its product mix. This improvement is expected to help expand their Net Interest Margin (NIM) and keep credit costs low. MOSL predicts an 18% loan growth and a 23% profit growth for the company by FY27.
ICICI Sec On Cello World
Next up is Cello World. ICICI Securities has a Buy Call on this stock with a target price of `960 per share. They are optimistic about the growth prospects for Cello World in FY26. The integration of Wimplast with Cello World is expected to bring synergy benefits in distribution. Investing in brand building and digital marketing could also boost earnings for the company.
MOSL On Autos
Moving on to the auto sector, MOSL notes that November was a tough month due to high comparison figures from last year. However, the Passenger Vehicle (PV) industry managed to grow by 4% year-on-year in November. Honda Motor has been a top performer in the scooter and motorcycle segments. Maruti, M&M, and Hyundai are some of the top picks in the sector.
MS On Oil & Gas
When it comes to the Oil & Gas sector, India’s natural gas demand saw a 3% increase in November 2024 and a 7% increase year-to-date in FY25. Despite higher prices, LNG demand has remained steady. The power sector is experiencing seasonal declines, but the fertilizer demand is stable.
Equirus On Antony Waste
Lastly, let’s talk about Antony Waste. Equirus has a Long Call on this stock with a target price of `720 per share. The company’s revenue in H1FY25 remained flat year-on-year, but they handled nearly 2.37 million tonnes of waste. Equirus believes that new contracts and projects like the Kanjurmarg Project could boost Antony Waste’s earnings in the future.
Stay tuned for more updates and insights on the stock market! For more insights on investing in the Indian stock market, check out resources like Moneycontrol and NSE India.
Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.