Adani Ports, Ami Organics Among 6 Stock Saw Brokerage Initiations With Up To 36% Upside

Select stocks including Jash Engineering, Ami Organics, Blue Jet Healthcare, Radico Khaitan, Hexaware Technologies and Adani Ports & Special Economic Zone person seen caller liking from nan various brokerage firms, who person precocious initiated their sum connected these companies.

The big of brokerages including Systematix Institutional Equities, Kotak Institutional Equities, Motilal Oswal Financial Services, ICICI Securities, DAM Capital and Anand Rathi Shares & Stock Broking person launched their maiden reports connected these stocks. All stocks person 'buy' ratings connected them pinch an upside imaginable of 36 per cent. Here's what brokerage said connected these stocks:

Anand Rathi Shares & Stock Broking connected Adani Ports & Special Economic Zone
Rating: Buy | Target Price: Rs 1,600 | Upside Potential: 21%
Adani Ports is nan largest commercialized larboard usability pinch 27 per cent stock of India’s larboard cargo movement. It has evolved from a azygous larboard dealing successful a azygous commodity to an integrated logistics level pinch 15 home ports (633 MMT capacity) and 3 world ports. Mundra, its flagship port, is attracting important investments successful industries, said Anand Rathi.

"We stay optimistic astir Adani ports maturation prospects, supported by its integrated port-logistics model, capacity description s, and world forays India is apt to summation world stock of exports. Logistics are apt to beryllium a important maturation driver. We initiate our sum connected Adani ports pinch 'buy'  rating pinch nan target value of Rs 1,600 per share," it added.

DAM Capital connected Hexaware Technologies
Rating: Buy | Target Price: Rs 820 | Upside Potential: 20%
Hexaware Technologies is simply a Tier II IT services player, boasts a diversified portfolio crossed aggregate work lines, reducing vulnerability to sector-specific risks. The company’s beardown caller customer acquisition and deeper existing customer engagement person consistently expanded its customer guidelines and reduced attraction risk, said DAM Capital.

"Despite aggregate ownership changes complete nan past decade, it has maintained guidance stableness and beardown execution, enabling maturation astatine nan precocious extremity of nan Tier II IT adjacent group. We forecast an 11 per cent gross CAGR complete CY24–26E, pinch 100 bps separator description driven by easing one-offs and SG&A leverage. We initiate sum connected Hexaware pinch a target value of Rs  820," it said.

ICICI Securities connected Radico Khaitan
Rating: Buy | Target Price: Rs 2,900 | Upside Potential: 19%
Radico Khaitan is nan only Indian spirits institution to person successfully crafted 8 ‘millionaire’ brands. It has achieved this complete nan past 25 years contempt nan stiff title successful nan IMFL industry. Radico's beardown capacity is simply a blend of its expertise to motorboat products successful nan niche class and differentiate products successful nan increasing Indian azygous malt market, said ICICI Securities.

"We judge Radico's sector-leading volume/revenue CAGRs of 15%/22% successful P&A could widen complete FY25–27E. Radico's capacity to present brands pinch superior value and amended execution would beryllium cardinal drivers for revenue/earnings CAGRs, which should thief successful sustaining its premium valuation. We initiate sum pinch 'buy' and a DCF-based target of Rs 2,900," it said.

Motilal Oswal Financial Services connected Blue Jet Healthcare
Rating: Buy | Target Price: Rs 865 | Upside Potential: 18%
Bluejet's gross maturation will beryllium driven by caller products successful iodinated and gadolinium opposition media, NCE intermediates, and a high-intensity sweetener variant. The PI/API conception is besides group for beardown growth. It precocious commissioned Plant 6 astatine Unit 2 pinch an finance of Rs 90 crore, adding 120KL capacity for PI and opposition media. It started a cardiovascular PI production, said Motilal Oswal.

"We expect a CAGR of 27%/24%/19% successful revenue/EBITDA/PAT during FY25-27E, pinch an expected mean EBITDAM of 35.1% during FY25-27E. We expect an mean RoE/RoCE of ~28%/26% during FY25-27E pinch an mean fixed plus turnover of 3.1x. We expect FCF procreation of Rs 360 crore during FY25-27E pinch cumulative capex of Rs 500 crore," it said pinch a 'buy' standing and a target value of Rs 865.

Kotak Institutional Equities connected Ami Organics
Rating: Buy | Target Price: Rs 1,150 | Upside Potential: 26%
Ami Organics is simply a fast-growing shaper of pharma intermediates and different specialty chemicals, is connected way to prolong accelerated growth, driven by its pharma CDMO business and contributions from newer areas, peculiarly electrolyte additives and semiconductor chemicals, said Kotak Institutional Equities.

"We estimate 30%/35% revenue/EPS CAGRs for AOL complete FY2025-30E. We group a June 2026 adjacent worth of Rs 1,450, based connected a 35x June 2027E P/E," it added, initiating pinch a 'buy' rating. However, it has cited tariff roadblocks, regulatory challenges and execution missteps arsenic nan cardinal concerns for nan company.

Systematix Institutional Equities connected Jash Engineering
Rating: Buy | Target Price: Rs 763 | Upside Potential: 36%
Jash Engineering is simply a pioneer successful manufacturing superior value instrumentality successful h2o engineering systems and solutions. The institution has displayed a robust capacity successful nan past pinch a revenue/PAT CAGR of 26%/41% during FY22-FY25E pinch a patient 23%/25% RoE/RoCE, respectively, said Systematix Institutional Equities.

"We initiate sum connected Jash pinch a 'buy' rating, premised connected decisive activity and competent governance; beardown manufacture tailwinds; capacity description to meet its expanding bid book; invention and geographical description to pat caller opportunities; and turnaround astatine Rodney Hunt. The banal has traded astatine a 3 twelvemonth mean one-year guardant P/E ratio of 22x and a highest valuation of 33x," it added.