Angel Broking top picks August 2017 has been published for the month of August. Angel Broking top picks August 2017 is a post GST recommendation and has been published when the market touched its all time high a few days back. The market is getting rerated after GST (goods and services tax). The equities are getting re-rated and new values are being discovered. The market has retraced from its peaks. The market scenario calls for in depth research and understanding to make the equities a widely accepted investment vehicle. Research report provided by Angel Broking top picks August 2017 is ideally suited for investment in such situation.
Angel Broking Top Picks August 2017 –
- Dewan housing (DHFL)- CMP Rs 412.05, Fy 18 target Rs 550, strong growth expected, loan growth is expected to be 23% in next two fiscals. Buy at CMP.
- Karur Vysa Bank (KVB)- CMP Rs 135.6, Fy 18 target Rs 160. Buy at CMP.
- Asian Granito (AGIL)- CMP Rs 401.80, Fy 18 target Rs 493, strong growth expected in vitrified tiles sales. Buy at CMP.
- Blue Star (BSL)- CMP Rs 650.30, Fy 18 target Rs 760, strong growth expected in air conditioner sales. Accumulate at CMP.
- Siyaram Silk Mills (SSML)- CMP Rs 1999, Fy 18 target Rs 2500, strong growth expected in garment sales, adjusted net profit CAGR is expected to be 16% in next two fiscals. Buy at CMP.
- Maruti Suzuki – CMP Rs 7600.35, Fy 18 target Rs 8544, strong growth in passenger vehicle sales expected. Accumulate at CMP.
- TV Today Network (TTNL)- CMP Rs 218.5, Fy 18 target Rs 344, strong growth in net profit CAGR of 13% in next two fiscals expected. Buy at CMP.
- Music Broadcast (MBL)- CMP Rs 347.05, Fy 18 target Rs 434, 24% upside, CAGR of PAT is growing at 32.3% which is expected to be maintained. Buy at CMP.
- KEI Industries – CMP Rs 215.40, Fy 18 target Rs 258, strong order book and revenue growth from overseas business in real estate fuels its growth. Accumulate at CMP.
- Mahindra Lifespace (MLF)- CMP Rs 409.15, Fy 18 target Rs 522, strong growth in real estate business expected. Buy at CMP.
- Navkar (NCL)- CMP Rs 185.15, Fy 18 target Rs 265, strong growth expected in logistics business in next two fiscals. Buy at CMP.
- Alkem Laboratories – CMP Rs 1724, Fy 18 target Rs 2161, strong growth in pharma business in India and US expected. Buy at CMP.
(All CMP mentioned in the research report denotes EOD prices in NSE on 10-08-2017). You can download the full research report from below. You can unlock your download link by using any of the social share buttons below.
Disclaimer – Equities mentioned here are the outcome of a research report by the broking house. Angel Broking or us (this website) can not be held responsible for any loss incurred by investors from investment in equities as equity investment is always subjected to risk.
Partha, an engineer by education, is theoratically actively following the stock and commodity markets since 1990. He is an active trader since 2003. He has received formal education in future and options and quantum analysis. He is presently working on research oriented projects using Python and data analytics.