Business

Top Brokerage Picks for December 24: Stocks to Watch

V-Mart Retail: A Retailer Redefining Affordable Fashion

Axis Securities recommends a 'buy' on V-Mart Retail, targeting a price of Rs 4,180 (+8%). Analysts highlight the reduction in losses from Limeroad's acquisition and on-track new store additions. The retailer is also redefining affordable fast-tracking fashion for Gen-Z, with expected increases in store footfalls.

Stocks on brokerages’ radar for December 24

Godawari Power & Ispat: Entering the Non-Ferrous Metal Recycling Sector

Yes Securities suggests a 'buy' on Godawari Power & Ispat with a target price of Rs 284 (+33%). The acquisition of a 51% stake in Jammu Pigments opens doors for Godawari Power into the non-ferrous metal recycling sector, seen as a future theme.

InterGlobe Aviation: Strengthening Air Travel Demand

Elera Securities recommends a 'buy' on InterGlobe Aviation (Indigo Airlines) with a target price of Rs 5,309 (+21%). Analysts anticipate a strengthening demand for air travel from FY26, driven by new airport additions and operational improvements.

Emami: Growth Through Acquisitions

ICICI Securities maintains an 'add' rating on Emami with a price target of Rs 680 (+20%). The company's focus on acquisitions and the revival of stronger brands is expected to drive growth.