Hindustan Unilever, incorporated in the year 1933, is a Large Cap company (having a market cap of Rs 616650.23 Crore) operating in FMCG sector.

Can Fin Homes, incorporated in the year 1987, is a Mid Cap company (having a market cap of Rs 9057.81 Crore) operating in NBFC sector.

Mastek, incorporated in the year 1982, is a Small Cap company (having a market cap of Rs 6074.59 Crore) operating in IT Software sector.

United Spirits, incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 59784.60 Crore) operating in Beverages - Alcoholic sector.

Balkrishna Industries, incorporated in the year 1961, is a Large Cap company (having a market cap of Rs 46569.14 Crore) operating in Tyres sector.

The brokerage values the company at 8.5x FY25E EV/EBITDA (v/s Sep’24E earlier) to arrive at its TP of INR870.

The upcoming Udaipur expansions in FY24E should boost volume growth.

Crompton Greaves Consumer Electricals, incorporated in the year 2015, is a Mid Cap company (having a market cap of Rs 16815.56 Crore) operating in Consumer Durables sector.

Bharat Petroleum Corporation, incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 79850.19 Crore) operating in Gas & Petroleum sector.

Glenmark Pharmaceuticals, incorporated in the year 1977, is a Mid Cap company (having a market cap of Rs 17198.15 Crore) operating in Pharmaceuticals sector.

Aditya Birla Fashion and Retail, incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 17675.97 Crore) operating in Retail sector.

Vinati Organics, incorporated in the year 1989, is a Mid Cap company (having a market cap of Rs 18439.10 Crore) operating in Chemicals sector.

Brent has softened considerably to ~USD75/bbl in May’23YTD from USD96/bbl in FY23, which bodes well for the stock. BPCL trades at 1.3x FY24E PBV, and we value the stock at 1.2x FY25E P/BV to arrive at our TP of INR 360.

Promoters held 74.96 per cent stake in the company as of 31-Dec-2022, while FIIs owned 7.29 per cent, DIIs 7.47 per cent.

Price rebounding after taking support at 50% retracement of current up move and 20 day EMA, signaling further upsides.

Coforge, incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 26725.60 Crore) operating in IT Software sector.

The brokerage believe that 30% earnings CAGR over FY23-25E, strong return ratios (RoE of 22%, ROCE of 26% and RoIC of 31% in FY25E), and healthy balance sheet will help KJC maintain premium multiples.

Crompton Greaves Consumer Electricals, incorporated in the year 2015, is a Mid Cap company (having a market cap of Rs 16831.46 Crore) operating in Consumer Durables sector.

IRB Infrastructure Developers, incorporated in the year 1998, is a Mid Cap company (having a market cap of Rs 16667.64 Crore) operating in Infrastructure sector.

ITC, incorporated in the year 1910, is a Large Cap company (having a market cap of Rs 526637.25 Crore) operating in Tobacco sector.