1 / 5On Wednesday (May 16), the BSE Sensex fell 117.58 points or 0.16% to 72,987.03, while the NSE Nifty slipped 7.65 points or 0.034% to 22,210.20. On the other hand, the Midcap index gained 1%. Over the last five days, Nifty 50 has fallen by 0.17% while Sensex is down by 0.27%. Amid this market movement, Elara Capital and Motilal Oswal have identified stocks that are expected to generate substantial returns, with some expected to deliver gains of over 30%.
2 / 5PVR Inox | Despite moderate occupancy in the fourth quarter, Elara Capital expects a recovery in the second quarter of FY25, driven by a strong lineup of regional and English films. Elara Capital has a Buy call on the stock with a target price of ₹1,900, reflecting a potential upside of 47.8% from current levels. Cost-cutting measures and the move to a company-operated franchise model are expected to generate efficiency and profitability gains.
3 / 5JK Cement | Despite missing estimates, JK Cement posted significant growth in its consolidated EBITDA and profit. Motilal Oswal reiterated a Buy call with a price target of ₹5,300, representing a potential upside of over 36.25%. Valuation is based on 15x FY26E EV/EBITDA. JK Cement is expected to continue its strong volume growth, outperforming industry averages, with growth rates estimated at around 10% YoY in FY25. Despite near-term pricing weakness, the growth trajectory of JK Cement remains positive, with potential price increases expected in 3QFY25.
4 / 5Syrma SGS technology | Motilal Oswal maintained a Buy rating on Syrma SGS Technology with a price target of ₹535, indicating a potential increase of 34%. Despite strong revenue growth of 67% year-on-year in 4TFY24, Syrma’s EBITDA margins declined by 200 basis points due to an unfavorable business mix, with a higher proportion of consumer businesses low margin. As a result, Motilal Oswal lowered its FY25 and FY26 EBITDA estimates by 7% and 13%, respectively, and its EPS estimates by approximately 9% and 15%. The brokerage forecasts that Syrma will benefit from the rapid growth of the electronic systems design and manufacturing (ESDM) sector, estimating a CAGR of 38% of revenue, 48% of EBITDA and 58% % of adjusted PAT over FY24-26.
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