Cyient DLM To Lupin — Here Are Top Stock Picks For November 2024 By DRChoksey

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Deven Choksey Research Report.Cyient DLM - Strong order pipeline and order book to drive earnings growthCurrent market price: Rs 633 / target Rs 842/ Potential Upside 33.0% We expect a revenue/ Ebitda/profit after tax compound annual growth rate of 30.3%/ 46.5%/ 56.5% respectively, over FY24 to FY26E. We maintain our FY26E P/E multiple of 45.0 times on FY26E EPS of Rs 18.9 to arrive at a target price of Rs 842/ share. This implies a left-over upside of 33.0% from the current market price. We have a Buy rating on the shares of Cyient DLM Ltd. since Oct 22, 2024.Lupin - India business and US business to drive growthCMP: Rs 2,188/ target price Rs 2,443 / Potential Upside: 11.7%We expect the revenue to grow at 11.6% CAGR and PAT to grow at 37.5% CAGR over FY24-FY26E. Currently, the stock is trading PE multiples of 35.5x/29.7x based on FY25E/FY26E EPS, respectively. We assign an PE multiple of 31.0x on FY26E EPS of Rs 78.8 to arrive at a target price of Rs 2,443/share. This implies the left-over upside of 11.7% from the CMP. We have a Buy rating on the stock since August 08, 2024..Click on the attachment to read the full report:.ICICI Bank To Varun Beverages — Here Are Top Stock Picks For November 2024 By Axis Securities.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Cyient DLM To Lupin — Here Are Top Stock Picks For November 2024 By DRChoksey

Investment period for stock picks is six months from the date of the recommendations provided; and return calculated on six months highest price.

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Cyient DLM To Lupin — Here Are Top Stock Picks For November 2024 By DRChoksey

Investment period for stock picks is six months from the date of the recommendations provided; and return calculated on six months highest price.

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