Jefferies Ne 6 'Buy' Ratings Ki Phir Se Pushed Ki
Jefferies ne December-quarter ke results, execution progress, aur sector-specific policy developments ki thorough review ke baad cheh Indian companies par apni 'Buy' recommendations ko phir se confirm kiya hai. Brokerage firm ne highlight kiya ki near-term earnings fluctuations ne uske medium-term outlook ko nahi roke rakha hai, jo in select entities mein strong execution visibility, solid balance-sheet support, aur sustained earnings growth par anchor kiya hua hai.
Potential Upside Ki Pehchan
Mid-teens se lekar substantial 59% tak ke potential returns ko project karte hue, Jefferies ke latest research notes significant value creation opportunities ko point out karte hain. Woh cheh stocks jinki 'Buy' status barkarar hai woh hain JSW Energy, Kotak Mahindra Bank, UltraTech Cement, Adani Green Energy, Paytm (One97 Communications), aur Nuvama Wealth Management. Ye selections energy, banking, infrastructure, aur financial services jaise critical sectors mein failte hain.
Stock-Specific Analysis
JSW Energy ke liye, Jefferies ne December quarter ke kamzor hone ke bawajood 'Buy' maintain kiya hai, execution momentum aur capacity expansion ka zikr karte hue. Brokerage FY25–28E mein 41% EBITDA CAGR expect karta hai, jisse Rs 660 ke target price par lagbhag 53% ka upside project kiya gaya hai, jo expected promoter infusion se supported hai. Kotak Mahindra Bank ko bhi 'Buy' rating mili hai Rs 530 ke target price ke saath, jo peers se aage loan growth aur stabilizing asset quality ke dwara supported 30% upside imply karta hai.
UltraTech Cement, apne sector mein Jefferies ka preferred pick hai, jisko Rs 14,750 ke target ke saath 'Buy' rating mili hai, jo 16% ka upside indicate karta hai. Strong December-quarter EBITDA beat, improved industry demand, aur potential pricing hikes key drivers hain. Adani Green Energy ke paas 'Buy' rating hai Rs 1,260 ke target ke saath, jo 59% ka upside signal karta hai, jo long-term power purchase agreements aur Khavda project par execution se driven hai, haal hi mein earnings estimate cuts ke bawajood.
Payments Infrastructure Development Fund scheme ke RBI dwara non-renewal se related adjustments ke baad bhi, Paytm ne Rs 1,450 ke target ke saath 'Buy' rating barkarar rakhi hai, jo 28% ka upside suggest karta hai, jo core business traction par nirbhar karta hai. Akhir mein, Nuvama Wealth Management ko Rs 1,700 ke target ke saath 'Buy' rating mili hai, jo 35% ka upside imply karta hai, jo uske wealth management segment mein strong cost controls aur operating leverage se motivated hai.