BUSINESS Sharekhan picks these smallcaps for an upside of upto 36% By Bedanta Bordoloi Posted on January 11, 2022 Share Tweet Share Share Email Comments Sharekhan has picked these smallcap stocks with an upside up to 36 percent. Market started the week on positive note on January 10 with benchmark indices rising 1 percent each and also closing above the psychological levels ignoring threat of the new Omicron variant across the globe. Sharekhan picks these six smallcap stocks with an upside up to 36 percent.Read More:- Indian Entrepreneur Ordered To Pay $131 Million To Barclays Jubilant FoodWorks | Rating: Buy | LTP: Rs 3,780 | Price Target: Rs 4,707 | Upside: 24 percent | The company is banking on consistent growth in Dominos revenue, scale-up in emerging brands through higher investments, increased presence in international markets, and making investments in high potential businesses to generate better returns for its shareholders in the long run. Schaeffler India | Rating: Buy | LTP: Rs 9,258 | Price Target: Rs 10,678 | Upside: 15 percent | Broking house We expect a robust performance by the company going forward, driven by normalisation of economic activity, improvement in content per vehicle, strong growth in the wind power and railways businesses, and launch of new products in the aftermarket segment.Read More:- Several Flights To and From Delhi Airport Delayed as Dense Fog, Low Visibility Affects Aerial Movement Arihant Superstructures | View: Positive | Upside: 23-25 percent | Its high sales booking CAGR (50%+ over FY2020-FY2022E) would ensure multiple times growth in net earnings over FY2021-FY2024E. Almost fully paid up land bank, ready to launch project portfolio, in-house critical operations, presence in key region in right category places the company in a sweet spot. Radico Khaitan | Rating: Buy | LTP: Rs 1,241 | Price Target: Rs 1,475 | Upside: 19 percent | The liquor industry is expected to reach close to FY2020 levels by the end of FY2022 with improvement in demand in Q2 and Q3 (especially in the premium segment). The company will be one of the key beneficiaries of improving Indian demographics, consumer preference to premium brands, and reviving liquor policies in various states.Read More:- ICMR issues new COVID guidelines: Check out who needs to get tested, who doesn’t Alembic Pharmaceutical | View: Positive | Upside: 25 percent | Sharekhan believes Alembic is a value pick based on its strong presence across the developed & developing markets & bright growth prospects while attractive valuations provide comfort. NOCIL | Rating: Buy | LTP: Rs 256 | Price Target: Rs 348 | Upside: 36 percent | Broking houses lower the FY22 earnings estimate to factor lower margin assumption in H2FY22 but maintain FY23-24 earnings estimates, as likely normalisation of input cost to aid margin recovery. NOCIL is a play on import substitution and China Plus One strategy by global customers and the same would drive market share gains with improved financials. Source : Moneycontrol Related Items:business, featured, market, Sideshow, Stock view Share Tweet Share Share Email Recommended for you Bank of Baroda credit card offers discounts on Flipkart, Croma, Amazon and Paytm shopping; other offers, EMI on UPI launched Gold Rate Today (November 23, 2024) For 22 & 24 Carat: Check Latest Prices In New Delhi, Bengaluru, Chennai, And More Forex Reserves Decline For 7th Week To Over 4-Month Low of $657.892 billion; Details Here Click to comment Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ