DCX Systems: A Strong Buy with a Target Price of Rs 535
Prabhudas Lilladher has issued a 'buy' recommendation for DCX Systems, setting a target price of Rs 535, which indicates a 46% upside potential. Specializing in the defence and aerospace sectors, DCX Systems has established itself as a reputable Indian Offset Partner (IOP) for foreign original equipment manufacturers (OEMs), thanks to its high standards of precision engineering.
Other Notable Recommendations
HDFC Securities Institutional Research recommends a 'buy' on Jyothy Labs, targeting Rs 600, a 48% increase. The company is aggressively positioning itself in the liquid detergent segment and aims to reclaim market share in the dishwashing business.
Centrum Broking suggests a 'buy' for Maruti Suzuki India, with a price target of Rs 16,000, anticipating a 35% growth. Maruti's long-term growth is supported by strong SUV sales, CNG penetration, and expected EV market entry by FY25.
Emkay Global Financial Services has a 'buy' recommendation for Coal India, with a target price of Rs 525, expecting a 34% rise. The firm believes the stock's recent underperformance is already factored in, with a turnaround expected soon.
Motilal Oswal Financial Services recommends a 'buy' on Signature Global India, aiming for Rs 2,000, a 44% potential increase. The company is well-positioned in Gurugram and is shifting focus from affordable to mid/mid-premium segments to fuel growth.
Disclaimer: The opinions, analyses, and recommendations expressed herein are those of brokerages 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.
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