Jain Resource Recycling, Granules India and Shadowfax Technologies are among the companies that analysts have recently started covering with buy ratings. Based on their price targets, these stocks are expected to return between 25% and 41%.Recycling of Jain resources
BAKERY: Motilal Oswal Financial Services
Price Target: Rs 520 CMP: Rs 414 Upside: 25%
- Positioned for long-term growth, aided by rising demand for recycled metals and a regulatory shift in favor of organized players.
- Value stocks at 21 times estimated FY28 earnings, in line with the five-year average and at a 25% discount to the three-year average of comparable Gravita.
Grains India
BAKERY: Elara Capital
Price Target: Rs 775 CMP: Rs 573 Upside: 35%
- Valuations of 16.7 times estimated FY28 core earnings per share are at a 10-20% discount to most generic pharmaceutical peers.
- Resolving USFDA observations can remove growth bottlenecks and accelerate commercialization of ongoing abbreviated new drug (ANDA) applications.
Shadowfax technologies
BROKERAGE: ICICI Securities
Price Target: Rs 175 CMP: Rs 124 Upside: 41%
- Key beneficiary of consolidation in India’s express parcel segment; in the past year it has become the second largest player.
- Positioned to deliver 27% compound revenue growth over FY26-28.
#Analysts #upside #Jain #Resource #Granules #Shadowfax