Know what is Anand rathi's Prediction?

Anand Rathi's Prediction:-

The bull run in the stock market has continued since the introduction of the general budget. 

However, the market has seen some consolidation this week and the Nifty closed marginally lower on Friday and the Sensex rose marginally. 

Yesterday, the Sensex gained 12.78 points to end at 51,544.30 points, while the Nifty fell 10 points to close at 15,161.30. 

In the December quarter, the stock market has gained significance due to better performance by Indian companies, budget announcements, and support from foreign investors (FIIs).

Brokerage firm AnandRathi expects the market to pick up further. Despite such a rise in the prices of equities, AnandRathi has advised investors to place bets on these 10 stocks. 

The firm believes that these Hot Stocks will give investors 10% to 30% returns in the short term, this is the reason…

Kirloskar Oil Engines: The target price of the company's stock has been given by brokerage firm Anandrathi at Rs 193 and it is expected that the company will give 30% returns to investors in the short term. 

Currently, its share price in the stock market is Rs 147.85. The company's December quarter results were better than expected and its revenue grew to Rs 800 crore in Q3. 

The company's revenue grew 44% in the agriculture segment, while the industrial segment grew 63% year-on-year. 

Due to the increase in demand in each segment, Anangarathi has increased the earnings estimates of Kirloskar Oil Engines to 28% for FY2021 and 31% for FY2022.

MRF: The brokerage firm has given a target price of Rs 1,04,823 for the stock of MRF. Currently, its share price is Rs 91,278.05. 

Anand Rathi believes that its shares can give 15% returns to investors in a very short time. 

Anand Rathi says that the return of the situation to normal after Corona has increased the demand for the tire of two-wheelers, cars, and trucks, which will benefit MRF.

 The company is expected to witness tremendous growth in revenue in FY2022.

Suven Pharmaceuticals: Stocks of Suven Pharma have been given Buy (Buy) ratings by Anandrathi and its stock has a target price of Rs 594. 

The brokerage firm says that its shares can give more than 21% returns to investors in a few days. Currently, its stock is priced at Rs 490.35. 

While sales of the company increased by 53.8% in Q3, profit after tax also increased by 96.2%. Also, the company's 50% EBITDA margin increased by 568 basis points. 

The company expects the compound annual growth rate to exceed 20% by 2023.

Greenply Industries: Stocks of Greenply Industries have been given a buy (buy) rating by Anandrathi and a target price of Rs 192 for its stock. 

The brokerage firm says that its shares can give more than 17% returns to investors in a few days. Currently, its stocks are trading at Rs 164.40. 

The December quarter results of the company have been satisfactory and the management of the company has maintained an EBITDA margin of 14%.

 Also, the company will be debt-free by 2023. Because of this, the brokered firm has picked it up.

J Kumar Infraprojects: For the stocks of this company, Anandrathi has given a target of Rs 239. The share price of the company is currently Rs 189.15. 

The brokerage firm expects its shares to give investors a 26% return in the short term. 

The company's outlook is positive and the company is recovering rapidly under the influence of Kovid. 

The company's revenue and balance sheet have also strengthened.

Firstsource Solutions: Stocks of this company have been given a buy (buy) rating by Anandrathi and set a target price of Rs 121 for its stock. 

The brokerage firm says that its shares can give more than 24% returns to investors in a few days. Abi its share price is Rs 97.45. 

The company's revenue grew 26% year-on-year and 16% quarter-on-quarter in the December quarter and reached $ 185 million. 

BFS, mortgage, CMT, and healthcare have seen growth in all segments of the company. The brokerage firm expects the company's growth rate to exceed 7% in FY22.

Star Cement: The target price of Star Cement's shares has been given by brokerage firm Anandrathi at Rs 124 and it is expected that the company will give 29% returns to investors in the short term. 

Currently, its share price in the stock market is Rs 95.80. The demand for the company's projects has increased significantly. This will benefit investors.

Nilkamal: For stocks of plastic furniture company Nilkamal, Anandrathi has set the target price at Rs 2,206. 

The brokerage firm says that its shares can give more than 17% returns to investors in a few days. Its stocks closed at Rs 1,879.80 on Friday. 

The brokerage firm has suggested placing bets on the company due to good demand from the commerce and logistics sector, increase in market share, and good profit margin.

TTK Prestige: Anandrathi has given a target of Rs 8,181 to the stocks of this company. The company's share price is currently Rs 7,389.85. 

The brokerage firm expects its shares to give investors a 10% return in the short term. A robust Q3 result and 9% price hike coupled with an increase in EBITDA margins by 280 basis points will benefit its investors.

The brokerage firm has increased the company's growth estimate to 28% for FY21 to FY23.

Balkrishna Industries: The target price of the stock of Balkrishna Industries has been given by brokerage firm Anandrathi at Rs 1,946 and it is expected that the company will give 17% returns to investors in the short term. 

Currently, the company's share price in the stock market is Rs 1,655.15. 

Investors of Balkrishna Industries, which manufacture tires under the BKT brand name, are expected to benefit in the short term due to growth in the agriculture sector and an increase in tractor sales. The company's growth is Momentum Strong.