The stock is currently trading at PE of 31.6x/21.9x/20.9x FY23/24/25E. The brokerage has a buy rating on stock with TP of Rs520, valuing it at PE of 30x Sep24E.

HEG, incorporated in the year 1972, is a Mid Cap company (having a market cap of Rs 4084.95 Crore) operating in Industrial Consumables sector.

​Graphite India, incorporated in the year 1974, is a Mid Cap company (having a market cap of Rs 7647.98 Crore) operating in Industrial Consumables sector.

Expensive valuations in the near term will be burnished by its rapid pace of growth. The brokerage maintain its Buy rating with a target price of Rs 2,910 (60x Sep’24 EPS).

KNR Constructions, incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 7302.26 Crore) operating in Infrastructure sector.

Promoters held 74.96 per cent stake in the company as of September 2022 quarters while FIIs owned 0 per cent and DIIs 7.66 per cent.

Promoters held 34.64 per cent stake in the company as of 30-Jun-2022, while FIIs owned 24.76 per cent, DIIs 21.52 per cent.

Balrampur Chini Mills, incorporated in the year 1975, is a Mid Cap company (having a market cap of Rs 8284.02 Crore) operating in Sugar sector.

Sterlite Technologies, incorporated in the year 2000, is a Mid Cap company (having a market cap of Rs 7474.04 Crore) operating in Cables sector.

Chambal Fertilisers & Chemicals, incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 13120.95 Crore) operating in Fertilisers sector.

The stock is well placed above 20, 50, 100 and 200 key averages indicating positive momentum.

Aditya Birla Fashion and Retail, incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 28327.77 Crore) operating in Retail sector.

Bajaj Auto, incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 101656.64 Crore) operating in Auto sector.

Stock has broken out of a month long consolidation, making a base at 2,000 levels

Dalmia Bharat Sugar and Industries, incorporated in the year 1951, is a Small Cap company (having a market cap of Rs 2974.11 Crore) operating in Sugar sector.

Cipla, incorporated in the year 1935, is a Large Cap company (having a market cap of Rs 88524.04 Crore) operating in Pharmaceuticals sector.

Indian Oil Corporation, incorporated in the year 1959, is a Large Cap company (having a market cap of Rs 110145.66 Crore) operating in Gas & Petroleum sector.

Housing and Urban Development Corporation, incorporated in the year 1970, is a Mid Cap company (having a market cap of Rs 10990.43 Crore) operating in NBFC sector.

ICICI Direct has buy call on Garden Reach Shipbuilders & Engineers with a target price of Rs 584. The current market price of Garden Reach Shipbuilders & Engineers Ltd. is Rs 491.7.

Promoters held 24.9 per cent stake in the company as of 30-Jun-2022, while FIIs owned 23.05 per cent, DIIs 2.71 per cent.