Stock recommendations are advice from financial experts telling investors whether they should buy, sell, or keep certain stocks based on their analysis of the market.
A buy call recommendation tells investors to purchase a stock because it’s expected to rise in value based on favorable analysis.
1. JK Tyre and Industries Limited
JK Tyre is an India-based manufacturer of automotive tires, tubes, and retreads. It serves original equipment and replacement markets globally across passenger, commercial, farming, and two- or three-wheeler vehicles. JK Tyre operates 12 manufacturing facilities in India and Mexico and has an extensive network of over 6,000 dealers and 650 branded retail outlets. The company offers smart tire technology and pressure monitoring systems.
With a market capitalization of Rs. 10,340 crore, the share price of JK Tyre and Industries Limited closed at Rs. 377 per share on Friday, down by 2.18 percent from its previous close.
Emkay Global Financial Services, a prominent brokerage firm, has recommended a “Buy” call on JK Tyre and Industries Limited with a target price of Rs. 650 per share, indicating an upside potential of 72.4 percent.
JK Tyre and Industries Limited’s revenue has increased from Rs. 14,645 crore in FY23 to Rs. 15,002 crore in FY24, which has increased by 2.44 percent. The net profit of the company has increased by 206.46 percent from Rs. 263 crore in FY23 to Rs. 806 crore in FY24.
2. Trent Limited
Trent Limited is an Indian retail conglomerate operating multiple store formats, including Westside for apparel and home goods, Zudio for value fashion, Utsa for ethnic products, and Star Hypermarkets for groceries and general merchandise. The company also owns the Landmark chain for toys, books, and sports goods. Trent operates over 300 stores across its various retail brands.
With a market capitalization of Rs. 2,23,943 crore, the share price of Trent Limited closed at Rs. 6,300 per share on Friday, down by 3.06 percent from its previous close.
Sharekhan, a prominent brokerage firm, has recommended a “Buy” call on Trent Limited with a target price of Rs. 8,162 per share, indicating an upside potential of 30 percent.
Trent Limited’s revenue has increased from Rs. 8,242 crore in FY23 to Rs. 12,375 crore in FY24, which has grown by 50.14 percent. The net profit of the company has increased by 274.87 percent from Rs. 394 crore in FY23 to Rs. 1,477 crore in FY24.
3. Raymond Lifestyle Limited
Raymond Lifestyle Limited is a leading Indian fashion and retail company, renowned for its iconic men’s apparel. Established under the Raymond Group, it offers a diverse range of branded textiles and clothing. With a vast retail network, the company focuses on delivering innovative and stylish wardrobe solutions, catering to both formal and casual wear markets across India.
With a market capitalization of Rs. 13,416 crore, the share price of Raymond Lifestyle Limited closed at Rs. 2,202 per share on Friday, up by 0.78 percent from its previous close.
Motilal Oswal, a prominent brokerage firm, has recommended a “Buy” call on Raymond Lifestyle Limited with a target price of Rs. 3,000 per share, indicating an upside potential of 35.7 percent.
Raymond Lifestyle Limited’s revenue was reported at Rs. 6535 crore in FY24 The net profit earned by the company amounts to Rs. 2805 crore in FY24.
4. Oil India Limited
Oil India Limited is an integrated exploration and production company in India’s upstream oil and gas sector. It engages in crude oil, natural gas, LPG, and pipeline transportation, with operations across several states and offshore areas. The company owns and operates facilities for seismic work, drilling, field development, and production
With a market capitalization of Rs. 82,664 crore, the share price of Oil India Limited closed at Rs. 508 per share on Friday, down by 2.89 percent from its previous close.
Emkay Global Financial Services, a prominent brokerage firm, has recommended a “Buy” call on Oil India Limited with a target price of Rs. 665 per share, indicating an upside potential of 30.6 percent.
Oil India Limited’s revenue has decreased from Rs. 36,084 crore in FY23 to Rs. 31,749 crore in FY24, which is down by 12.01 percent. The net profit of the company has decreased by 29.17 percent from Rs. 9,854 crore in FY23 to Rs. 6,980 crore in FY24.
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5. Tata Power Company Limited
Tata Power is an integrated power utility in India, engaged in electricity generation, transmission, and distribution. The company’s operations span thermal, hydroelectric, and renewable energy sources, as well as power trading and infrastructure services. Tata Power has a diverse portfolio of generation assets and an extensive transmission and distribution network across the country.
With a market capitalization of Rs. 1,38,230 crore, the share price of Tata Power Company Limited closed at Rs. 433 per share on Friday, down by 2.74 percent from its previous close.
Sharekhan, a prominent brokerage firm, has recommended a “Buy” call on Tata Power Company Limited with a target price of Rs. 540 per share, indicating an upside potential of 24.7 percent.
Tata Power Company Limited’s revenue has increased from Rs. 55,109 crore in FY23 to Rs. 61,449 crore in FY24, which has grown by 11.50 percent. The net profit of the company has increased by 12.34 percent from Rs. 3,810 crore in FY23 to Rs. 4,280 crore in FY24.
6. Tube Investments of India Limited
Tube Investments of India is an engineering company that manufactures precision steel tubes and strips, automotive and industrial chains, bicycle frames, and mobility products. Its divisions include Mobility (bicycles, fitness equipment), Engineering (steel tubes, strips), Metal-Formed Products (auto parts), and Others (industrial chains, new ventures). The company also owns a subsidiary focused on combustion R&D.
With a market capitalization of Rs. 75,406 crore, the share price of Tube Investments of India Limited closed at Rs. 3,899 per share on Friday, down by 2.07 percent from its previous close.
Motilal Oswal, a prominent brokerage firm, has recommended a “Buy” call on Tube Investments of India Limited with a target price of Rs. 4,750 per share, indicating an upside potential of 22 percent.
Tube Investments of India Limited’s revenue has increased from Rs. 14,964 crore in FY23 to Rs. 16,890 crore in FY24, which has grown by 12.87 percent. The net profit of the company has increased by 30.04 percent from Rs. 1,325 crore in FY23 to Rs. 1,723 crore in FY24.
Written By – Nikhil Naik
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Stock recommendations are advice from financial experts telling investors whether they should buy, sell, or keep certain stocks based on their analysis of the market. A buy call recommendation tells investors to purchase a stock because it’s expected to rise in value based on favorable analysis. 1. JK Tyre and Industries Limited JK Tyre is
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