The Indian stock market continues its bullish streak, marking the sixth consecutive session in the green. The brokerage firm Motilal Oswal has spotlighted three stocks with strong growth potential, recommending a ‘Buy’ on them.
Let’s take a look at these stocks and why the brokerage remains optimistic on these stocks:
1. JSW Infrastructure
Motilal Oswal has recommended a Buy on JSW Infrastructure, citing its aggressive expansion in port capacity and solid growth prospects, with a target price of Rs 380, implying a 21% upside from the current market price of Rs 313.
JSW Infrastructure is making strides in expanding its port capacity, which is now at 174 million tonnes per annum (mtpa), up from 170 mtpa in September 2024. As per the brokerage report, the company aims to reach 400 mtpa by FY30. Expansion efforts at JNPA, Tuticorin, Mangalore, and TNT ports further strengthen its market position.
According to Motilal Oswal, stable growth across its ports, an expanding customer base, and steady cargo volumes will support a 14% volume CAGR over FY24-27E, leading to 22% CAGR in revenue and 21% CAGR in EBITDA.
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“With these expansion plans and a stronger market hold, JSW Infrastructure is poised for steady long-term growth,” added the brokerage firm, maintaining a Buy rating with a target price of Rs 380.
2. DLF
Motilal Oswal has recommended a Buy on DLF, highlighting its strong presence in the luxury real estate segment, particularly in Gurugram, which has emerged as a hub for uber-luxury residences. The brokerage has set a target price of Rs 954, indicating a 37% upside from the current market price of Rs 698.
According to the brokerage, the company has a strong launch pipeline, a strategically located land bank, and a cash-positive balance sheet, setting the stage for sustained growth.
The company’s pre-sales are expected to clock a 20% CAGR over FY24-27, supported by high demand for premium residential projects. Moreover, DLF has significantly reduced its net debt from Rs 24,000 crore to Rs 14,700 crore.
Reaffirming a Buy call with a target price of Rs 954, tr brokerage noted, “DLF’s focus on sustainable and profitable growth, coupled with its strong brand value in the luxury segment,
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