1 month ago
Jefferies Reaffirms Buy Ratings on Three Companies
Jefferies, a brokerage firm, has kept its 'Buy' recommendations for three companies: TVS Motor, Shyam Metalics, and JSW Infrastructure.
They think these companies are doing well and will keep growing.
TVS Motor makes motorcycles and scooters, and Jefferies believes it will sell more bikes both in India and other countries.
Shyam Metalics makes steel and is expanding its factories.
JSW Infrastructure runs ports and logistics and is also expanding.
Jefferies thinks all three companies have good plans for the future and will make more money.
However, investors should be careful because some parts of these businesses might have temporary problems.
Jefferies reaffirms 'Buy' ratings on TVS Motor, Shyam Metalics, and JSW Infrastructure.
TVS Motor's target price raised to Rs 4,900 with a 29% upside potential.
Shyam Metalics' target price increased to Rs 1,250 with a 17% upside potential.
JSW Infrastructure's target price raised to Rs 400 with a 15% upside potential.
All three companies show strong growth prospects and expansion plans.
- Who
- Jefferies
- What
- Reaffirmed 'Buy' ratings on TVS Motor, Shyam Metalics, and JSW Infrastructure
- Where
- India
- When
- After assessing latest quarterly performance
- Why
- Due to healthy earnings momentum, sustained capacity expansion, and favorable sector trends
Optimistic Outlook
Cautious Outlook
Market Position and Growth
Optimistic Outlook
Jefferies highlights strong market positions and growth prospects for TVS Motor, Shyam Metalics, and JSW Infrastructure, citing healthy demand and expansion plans.
Cautious Outlook
Investors should be cautious about elevated investments in subsidiaries and temporary weaknesses in certain business segments.
Key facts
- TVS Motor Target Price
- Rs 4,900
- JSW Infrastructure Target Price
- Rs 400
- Shyam Metalics Target Price
- Rs 1,250
- TVS Motor EPS Growth (FY26-FY29)
- 24% CAGR
- Shyam Metalics EBITDA Target (FY31)
- Triple by FY31
- JSW Infrastructure Capacity Target (FY30)
- 400 million tonnes
Quotes
Jefferies representative
Brokerage analyst
“"Management targets 60% capacity addition by March 2027, where project progress is on track. The target of increasing capacity to 400 million tonnes by FY30 also remains intact."”
financialexpress.com
“"Two-wheeler demand is growing strong in both India and export markets, and we like TVS’ improving franchise. Peak of margin concern also seems behind."”
financialexpress.com











