Samvat-2079: Fundamental Muhurat Picks By LKP Securities
BANK OF BARODA -
Reco:BUY; CMP Rs:131; Target Rs.175; Upside (%) 34
The second largest public sector bank in terms of business has a strong consumer franchise post its merger with Dena Bank & Vijaya Bank and has been posting consistent profits since many quarters.
FEDERAL BANK -
Reco:BUY; CMP Rs:130; Target Rs:180; Upside (%) 38
With several key metrics at a multi quarter high, Federal Bank having posted its highest ever net profit this quarter has seen its stock price rise 40% in the last one year and we expect the Bank to continue that trajectory during the next one year as well
SCHNEIDER ELECTRIC -
Reco:BUY; CMP Rs:174; Target Rs:236 Upside(%) 36
* Power Sector reforms along with initiatives like grid modernization, investments in sustainable energy and Make in India have resulted in favorable business environment for Schneider.
* Its strong presence in Infrastructure, Power, Building, Industry and IT segments, coupled with its ability to offer services cutting across these segments, provides a distinctive advantage to serve its customers, further supported by strong parental support.
Muhurat Picks - Samvat 2078 Performance
Muhurat Picks - Samvat 2077 Performance
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