1 / 12Bajaj Consumer has recently appointed management consultant Bain for Strategy consulting, which could potentially accelerate its turnaround. The brokerage recommends 'Buy' on the stock with a target price of Rs 400. (company image)
2 / 12Bata is expected to become to be a key beneficiary of the growth opportunity in the Indian organized footwear market driven by higher per capita consumption, Therefore, the brokerage initiates 'Add' on the stock with a price target at Rs 1,600.
3 / 12Dabur receives 'Add' rating from the brokerages on near-full valuations and the likely short term growth pressure from current rural slowdown.
4 / 12Emami gets 'Add' and a target price of Rs 320 on the back Kesh King sales that adds up to revenue growth and market share,
5 / 12The brokerage recommends 'Buy" on ITC with target price of Rs 320 since we see multiple drivers for stock rerating from its current (relative) cheap valuations.
6 / 12Jubilant Foodworks receives 'Buy" rating from the brokerage for its resilient fundamental model to capture growth against increased competitive intensity from food aggregators.
7 / 12Jyothy Laboratories was initiated with 'Add' rating after the brokerage believes Ujala fabric whitener in the non-core markets and brand extensions in the non-whitener category will drive growth in the segment.
8 / 12The brokerage recommended 'Add' for Marico with price target of Rs 400 on the back of substantial focus on premium segments /categories, aggressive participation at bottom-of-pyramid (not in base) and relatively low contribution from rural (35% of revenues) provide
9 / 12Nestle was also given 'Add' rating with a target price of Rs 13,500 due to its marketing and sales activity driven revenue momentum in the company.
10 / 12The brokerage gave 'Add' rating Titan with a target price of Ra 1,450 as the brokerage sees continuance of the virtuous cycle of market share gains int he company.
11 / 12United Spirits was initiated with 'Add' rating and a target price of Rs 650 because of its portfolio premiumisation, improved the productivity of brand spends and competitiveness at point of sale (in free markets), franchised out tough-to-operate markets, focused on reducing costs and importantly improved working capital and OCF growth.
12 / 12Westlife Development was initiated with 'Buy' rating with a target price of Rs 3470 as it continues to innovate and provide a strong value proposition.. (Source: pixabay)
