Investor’s Delight is meant for investors who look for companies across all sectors which are fundamentally very sound and can provide great returns for investors having a Long Term horizon. At Ajcon we believe in bottom fishing stocks that witness irrational price movements, due to temporary economic triggers which are potential multibaggers. Selection of stocks is done through analysis of fundamentals like promoters quality, scalable business model, earnings visibility and ability to generate cashflows consistently. In addition, we also recommend “SELL” in stocks where we believe the valuations are stretched and out of comfort zone with fundamentals not justifying it, poor earnings visibility, corporate governance issues and pledged promoter shareholding that can have an impact in poor secondary market conditions.
Buy – 22-08-2023
Buy – 18-08-2023
Buy – 14-08-2023
Buy – 30-05-2023
Buy – 26-05-2023
Buy – 17-05-2023
Buy – 23-02-2023
Ajanta Pharma
Reco Price (Rs.) Target (Rs.) Upside (%) 1,234.65 1,500 21.49%
Alkem Laboratories
Reco Price (Rs.) Target (Rs.) Upside (%) 3,094.70 3,766 22%
Datamatics Global Services Limited
Reco Price (Rs.) Target (Rs.) Upside (%) 304.35 370 21.4%
Delta Corp Limited
Reco Price (Rs.) Target (Rs.) Upside (%) 220.40 287 30%
Havells India Limited
Reco Price (Rs.) Target (Rs.) Upside (%) 1,165.95 1,400 20%
Indian Bank Limited
Reco Price (Rs.) Target (Rs.) Upside (%) 226.15 280 23.81%
State Bank of India
Reco Price (Rs.) Target (Rs.) Upside (%) 560.80 673 20%
Tata Consultancy Services Limited
Reco Price (Rs.) Target (Rs.) Upside (%) 3,139.40 3,924 25%
Indian Railway Catering and Tourism Corporation Limited
Reco Price (Rs.) Target (Rs.) Upside (%) 742.75 928 25%
UGRO Capital
Reco Price (Rs.) Target (Rs.) Upside (%) 175.70 276 57.08%
Reco Price (Rs.) Target (Rs.) Upside (%) Rs. 152.90 272 77.89
Reco Price (Rs.) Target (Rs.) Upside (%) Rs. 152.90 272 77.89
Reco Price (Rs.) Target (Rs.) Upside (%) 1,737.95 2,340 34.6
Reco Price (Rs.) Target (Rs.) Upside (%) 118.80 150 26.26
GNA Axles Limited
Aarti Industries
Reco Price (Rs.) Target (Rs.) Upside (%) 948 1,200 26.5
Asian Paints
Reco Price (Rs.) Target (Rs.) Upside (%) 3,170.65 3,805 20
Canara Bank
Reco Price (Rs.) Target (Rs.) Upside (%) 225.95 281 24
Dwarikesh Sugar Industries
Reco Price (Rs.) Target (Rs.) Upside (%) 74.8 100 33.6
Sona BLW Precision Forgings
Reco Price (Rs.) Target (Rs.) Upside (%) 649 811 25
UGRO Capital
Reco Price (Rs.) Target (Rs.) Upside (%) 167.25 220 33
Reco Price (Rs.) Target (Rs.) Upside (%) 1,067 1,800 68.8
Reco Price (Rs.) Target (Rs.) Upside (%) 362.90 (Face value: Re. 10) 450 24
Reco Price (Rs.) Target (Rs.) Upside (%) 111.4 (Face value: Re. 1) 145 30
Polycab Limited
Reco Price (Rs.) Target (Rs.) Upside (%) 929.65 1,206 29
Cadila Healthcare Limited
Reco Price (Rs.) Target (Rs.) Upside (%) 418 520 24.4
Ajanta Pharma Limited
Reco Price (Rs.) Target (Rs.) Upside (%) 1,553 1,900 22%
HDFC Life Insurance Company Limited
Reco Price (Rs.) Target (Rs.) Upside (%) 623.35 750 20
Shriram Transport Finance Company Limited
Reco Price (Rs.) Target (Rs.) Upside (%) 888 1000 17
Reco Price (Rs.) Target (Rs.) Upside (%) 820 1066 30
Reco Price (Rs.) Target (Rs.) Upside (%) 552 680 23
Reco Price (Rs.) Target (Rs.) Upside (%) 538 663 23
Reco Price (Rs.) Target (Rs.) Upside (%) 777 936 20
Samavat Diwali Picks 2019 – 2020
ACC Limited
Reco Price (Rs.) Target (Rs.) Upside (%) 1,556 1,840 18
Alkem Laboratories Limited
Reco Price (Rs.) Target (Rs.) Upside (%) 1,974 2,470 25
APL Apollo Tubes Ltd.
Reco Price (Rs.) Target (Rs.) Upside (%) 1,392 1,594 15
BSE Limited
Reco Price (Rs.) Target (Rs.) Upside (%) 528 700 32.5
L&T Technology Services Limited
Reco Price (Rs.) Target (Rs.) Upside (%) 1,609 2,011 25
ITC Limited
Reco Price (Rs.) Target (Rs.) Upside (%) 246 308 25
Tech Mahindra Limited
Reco Price (Rs.) Target (Rs.) Upside (%) 735 882 20
Reco Price (Rs.) Target (Rs.) Upside (%) 1329 1594 20
Reco Price (Rs.) Target (Rs.) Upside (%) 578.45 665 18
Reco Price (Rs.) Target (Rs.) Upside (%) 630 800 27
Reco Price (Rs.) Target (Rs.) Upside (%) 2134 2400 12
Reco Price (Rs.) Target (Rs.) Upside (%) 99.95 – –
Reco Price (Rs.) Target (Rs.) Upside (%) 134.85 156 16
Reco Price (Rs.) Target (Rs.) Upside (%) 1670 2018 21
Reco Price (Rs.) Target (Rs.) Upside (%) 122 – –
Reco Price (Rs.) Target (Rs.) Upside (%) 149 180 22
Reco Price (Rs.) Target (Rs.) Upside (%) 86 100 16
Reco Price (Rs.) Target (Rs.) Upside (%) 150 175 17
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 282 350 24 12
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 317 390 23 12
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 135 162 20 12
Reco Price (Rs.) Target (Rs.) Horizon (Months) 284 – –
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 1101 1211 11 12
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 1893 2100 11 12
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 775 995 28 12
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 321 403 26 12
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 1,904 2,100 – 12
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 1,374 1,786 30 12
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 285 – – 12
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 768 998 30 12
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 828 1,076 30 12
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 56 – – 12
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 7,136 9,276 30 12
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 1,074 1,342 25 12
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 1,256 1,342 15 12
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 890 1,230 38 6-9
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 717 – – 6-9
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 1466 1,905 30 6-9
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 213 250 17 6-9
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 1,311 1,450 11 6-9
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 1,434 1,600 12 6-9
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 155 180 16 6-9
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 2,674 3,500 31 6-9
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 576 635 10 6-9
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 567 680 20 6-9
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 538 650 21 6-9
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 200 279 40 9-12
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 212 320 51 –
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 1,195 1,500 25.5 12
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 102 125 22.5 12
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 145 175 21 12
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 650 820 26 12
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 621 750 21 12
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 1,761 2,100 19 12
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 195 – 67.58 9-12
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) 150 200 25 9-12
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) Target Achieved on 1370 1739 27 9-12 18-12-2017
Reco Price (Rs.) Target (Rs.) Upside (%) Horizon (Months) Target Achieved on 104.75 150 43 9-12 05-07-2017
Reco Price(Rs.) Target (Rs.) Upside (%) Horizon (Months) Target Achieved on 1127 1500 33 9-12 08-06-2018
Reco Price(Rs.) Target (Rs.) Upside (%) Horizon (Months) 276.60 497 80 9-12
Reco Price(Rs.) Target (Rs.) Upside (%) Horizon (Months) 268.00 390 46 46
Reco Price(Rs.) Target (Rs.) Upside (%) Horizon (Months) 260.00 424 63 12
Reco Price(Rs.) Target (Rs.) Upside (%) Horizon (Months) 275.00 424 53 12
Reco Price(Rs.) Target (Rs.) Upside (%) Horizon (Months) 277.00 448 61 12
Reco Price(Rs.) Target (Rs.) Upside (%) Horizon (Months) 276.60 497 80 9-12
Reco Price(Rs.) Target (Rs.) Upside (%) Horizon (Months) 258.00 448 74 12
Reco Price(Rs.) Target (Rs.) Upside (%) Horizon (Months) 655.25 1300 98 12
Reco Price(Rs.) Target (Rs.) Upside (%) Horizon (Months) 186.00 191 – –
Reco Price(Rs.) Target (Rs.) Upside (%) Horizon (Months) 161.00 191 18.6 –
Reco Price(Rs.) Target (Rs.) Upside (%) Horizon (Months) 138.00 191 38 –
Reco Price(Rs.) Target (Rs.) Upside (%) Horizon (Months) 660.00 954 45 9-12
Reco Price(Rs.) Target (Rs.) Upside (%) Horizon (Months) 665.00 1136 71 9-12
Reco Price(Rs.) Target (Rs.) Upside (%) Horizon (Months) 635.00 1136 79 9-12
Reco Price(Rs.) Target (Rs.) Upside (%) Horizon (Months) 574.1 1300 126 9-12
Reco Price(Rs.) Target (Rs.) Upside (%) Horizon (Months) 568.45 1300 129 9-12
Reco Price(Rs.) Target (Rs.) Upside (%) Horizon (Months) 748.25 1300 74 9-12
Reco Price(Rs.) Target (Rs.) Upside (%) Horizon (Months) 700.75 1300 86 9-12
Reco Price(Rs.) Target (Rs.) Upside (%) Horizon (Months) 666 1300 95 9-12
“NR” stands for Not-Rated “Reco.” Recommedation * indicates view post correction, buy at CMP & accumulate on dips
Disclaimer
The above ideas in the form of Investor’s Delight are recommendated to our clients inadvance. Ajcon Global Services Ltd. takes no responsibility in any losses suffered. The documents are prepared by Ajcon Global Services Ltd and is not meant for circulation. The documents should not be reported or copied or made available to others. The information contained herein is from the public domain or sources believed to be reliable. While reasonable care has been taken to ensure that information given is at the time believed to be fair and correct and opinions based thereupon are reasonable, due to the very nature of research it cannot be warranted or represented that it is accurate or complete and it should not be relied upon as decision such. Ajcon Global, its directors and employees, will not in any way be responsible for the contents of this report. This is not an offer to sell or a solicitation to buy any securities. The securities discussed in this page may not be suitable for all investors. Investors must make their own investment based on their own investment objectives, goals and financial position and based on their own analysis.