Here is the list of Stocks which HDFC Securities recommended in the month of October 2018.
- Dr Reddy’s – target 2952 over 1-3 years
- Better US Market
- There are new products to be launched
- Lots of cost rationalization in various business segment.
- In the past whole sector has gone down now it is the time for the company to grow.
- Chines market is also opened up for the company.
- Appolo Hospitals –
- very well known hospital, they were underperformant in last 5 years
- Now hospital as well as pharmacy business is doing good.
- Pharmacy business is going with 24%
- This stock has everything to grow in future.
- Buy and Add on the current price.
- Cummins India
- 51% percent of Cummins USA company.
- Diesel engine manufacturing
- Exports are going up due to support from parent.
- Sales growth is 30% for the company.
- Domestic Growth is also very nice.
- Cyient
- Mid cap IT stock, very attractive at this price.
- It is in niche engineering segment.
- It complete suites to its customer.
- Orders are also quite healthy.
- Valuations are quite nice.
- ICICI Bank
- Good profit
- Top management issue is resolved
- NPAs etc issue are resolved.
- It new CEO is really good.
- Valuations are very nice.
- Along with icici and axis would do good
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