1 month ago

Jefferies Reaffirms Buy Ratings on Three Companies

Jefferies Reaffirms Buy Ratings on Three Companies
3 ‘Buy’ recommendations from Jefferies with up to 29% upside · financialexpress.com

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.

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

Sources

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