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.

Syrma SGS Technology, incorporated in the year 2004, is a Small Cap company (having a market cap of Rs 6069.67 Crore) operating in General sector.

Delhivery, incorporated in the year 2011, is a Small Cap company (having a market cap of Rs 26663.69 Crore) operating in Logistics sector.

CSB Bank, incorporated in the year 1920, is a banking company (having a market cap of Rs 4985.98 Crore).

Muthoot Finance, incorporated in the year 1997, is a Large Cap company (having a market cap of Rs 43711.69 Crore) operating in NBFC sector.

PVR INOX, incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 13249.10 Crore) operating in Media & Entertainment sector.

The brokerage also like Bharti Airtel in the telecom/media space as it is deemed as a play on industry consolidation benefits.

NTPC, incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 168043.22 Crore) operating in Power sector.

Strong growth pipeline and increased focus on cost efficiency augurs well for the company.

Zomato, incorporated in the year 2010, is a Small Cap company (having a market cap of Rs 55586.34 Crore) operating in Services sector.

Tata Motors, incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 174021.84 Crore) operating in Auto sector.

Havells India, incorporated in the year 1983, is a Large Cap company (having a market cap of Rs 78971.55 Crore) operating in Consumer Durables sector.

Clean Science & Technology, incorporated in the year 2003, is a Small Cap company (having a market cap of Rs 15903.76 Crore) operating in Chemicals sector.

Dr. Reddy's Laboratories, incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 73305.57 Crore) operating in Pharmaceuticals sector.

Granules India, incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 6691.27 Crore) operating in Pharmaceuticals sector.

Promoters held 66.45 per cent stake in the company as of 31-Mar-2023, while FIIs owned 3.87 per cent, DIIs 22.18 per cent.

Kajaria Ceramics, incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 18784.66 Crore) operating in Building Materials sector.