- by Isha Adhikari
- 08th Dec 2020
Stocks On Growth; Experts Bet on their Recovery Pay
A list of stocks from various experts that are likely to offer recovery pay:
JK Lakshmi Cement:
In the cement space, JK Lakshmi Cement is our top pick given the strong demand outlook and cheap valuations.
Hawkins Cooker:
It is our top pick in the consumer durable space due to the proliferation of work from home.
Page Industries & Swaraj Engines:
It is our top pick in the consumer discretionary space while Swaraj Engines are our top picks in the Auto & Ancillary space.
ACC:
We believe that the stock of ACC is well-trained for a re-rating given the strong expected earnings growth and improved profitability.
IDFC First Bank:
The loan book is set to grow at 15.7% CAGR to Rs 1,32,665.3 crore by FY23 driven by faster growth of its retail book to Rs 1,11,933 crore (25% CAGR) and a flattish trend in corporate advances.
Godrej Consumer:
Over the period FY17-20, the performance of GCPL had been lackluster. Revenues grew less than 1% CAGR while the earnings grew by a mere 4.7% CAGR given the flattish growth of the Indian market.
Hero MotoCorp:
The recovering economy is expected to fuel the domestic demand for two-wheelers and therefore an upside potential of 10%-15% can be seen.
BPCL:
With the return of normalcy, the demand for fuel is expected to grow both retail and industrial and therefore an upside of 10% can be expected.
L&T:
The construction and Infrastructure segment is expected to resume once the pandemic situation comes under control and with economic recovery, this seems to be a lucrative opportunity with an upside potential of 15%
InterGlobe Aviation:
With the restoring of normalcy and reducing travel restrictions, the Aviation sector is expected to come back to pre-COVID levels and an upside of 11% can be seen here.
