Diwali Picks 2024: Tata Power To Tech Mahindra - Here Are The Top Mahurat Stock Picks By ICICI Direct

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..ICICI Direct Report.Here are the top picks for this Diwali 2024Tata Power We believe Tata Power as attractive opportunity to play the entire power value chain in India and coupled with the strong renewable capacity addition targets. We value it on SoTP basis and arrive at a fair value of Rs 530 per share. Key Risks:Slower capacity renewables addition.Change in regulations..Tech MahindraWe believe, Tech Mahindra Ltd.’s U.S.$ revenue will grow at CAGR of 6.7% between FY24-27E, but operating profit growth is likely to outpace with Ebit margin improving from 6.1% in FY24 to 14.5% in FY27E, implying a CAGR of 43.6% over FY24-27E. We have valued the company at 25 times P/E on FY27E EPS to assign a target price of Rs 2,000. Key Risks: Continued weakness in Top five telecom heavy clients;Lower than expected margin expansion under Project Fortius..Click on the attachment to read the full report:.Diwali Picks 2024: Bajaj Finance To Jio Financial - Here Are The Top Mahurat Picks By DRChoksey.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.

Diwali Picks 2024: Tata Power To Tech Mahindra - Here Are The Top Mahurat Stock Picks By ICICI Direct

Take a look at the top stocks picks by ICICI Direct for Samvat 2081.

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Diwali Picks 2024: Tata Power To Tech Mahindra - Here Are The Top Mahurat Stock Picks By ICICI Direct

Take a look at the top stocks picks by ICICI Direct for Samvat 2081.

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