2 weeks ago
Motilal Oswal retains Buy on three stocks with 39-46% upside
A company called Motilal Oswal helps people decide which companies might be good to invest money in.
It looked at three companies in India and said it thinks they are good buys.
These companies make clothes, dental products, and bags and suitcases.
Motilal Oswal says the shares of these companies could become worth 39 to 46 percent more than they are now.
Gokaldas Exports makes clothes and did well selling in Africa and India.
Laxmi Dental makes dental products and grew because people in other countries wanted them.
VIP Industries makes bags and suitcases and has been having a harder time lately.
Its sales grew only a little and it lost money in the last quarter.
Even so, Motilal Oswal believes VIP Industries can turn things around with new products and better advertising.
Remember, buying shares can be risky, so it is smart to ask a grown-up financial advisor first.
Motilal Oswal retained 'Buy' ratings on Gokaldas Exports (target Rs 1,110), Laxmi Dental (target Rs 280) and VIP Industries (target Rs 430), implying 46%, 40% and 39% upside respectively.
Gokaldas Exports reported a 20.7% year-on-year revenue rise to Rs 1,150 crore in Q1 FY27, driven by growth in its Africa and India businesses, with EBITDA margin at 9.8%.
Motilal Oswal expects around 215 basis points of margin expansion for Gokaldas Exports over FY26-28 as business integration stabilises.
Laxmi Dental's Q1 FY27 revenue rose 14% to Rs 74.7 crore, with EBITDA up 20.6% to Rs 14.4 crore and adjusted PAT up 23% to Rs 10.3 crore, helped by international demand and a revival in its aligner business.
VIP Industries posted weak Q1 results with consolidated revenue up just 3% to Rs 580 crore and losses at EBITDA and PAT levels, but the brokerage sees a turnaround via premiumisation, new products and brand-building.
Motilal Oswal projects revenue, EBITDA and PAT compound annual growth rates of 18%, 34% and 35% for Laxmi Dental between FY26-28.
- Who
- Motilal Oswal, the domestic brokerage that issued the Buy recommendations on Gokaldas Exports, Laxmi Dental and VIP Industries.
- What
- Motilal Oswal retained 'Buy' ratings on the three stocks with target prices implying 39% to 46% potential upside.
- Where
- Indian stock market.
- When
- Following the companies' first-quarter FY27 results, in the current reporting period.
- Why
- The brokerage sees distinct growth drivers: margin recovery at Gokaldas Exports, strong international demand at Laxmi Dental, and a potential turnaround at VIP Industries.
Key facts
- Brokerage
- Motilal Oswal
- Stocks rated Buy
- Gokaldas Exports, Laxmi Dental, VIP Industries
- Gokaldas Exports target
- Rs 1,110 (46% upside)
- Laxmi Dental target
- Rs 280 (40% upside)
- VIP Industries target
- Rs 430 (39% upside)
- Gokaldas Q1 FY27 revenue
- Rs 1,150 crore, up 20.7% YoY; EBITDA margin 9.8%
- Laxmi Dental Q1 FY27 revenue
- Rs 74.7 crore, up 14% YoY; EBITDA up 20.6%; adjusted PAT up 23%
- VIP Industries Q1 FY27 revenue
- Rs 580 crore, up 3% YoY; EBITDA and PAT losses
Quotes
Motilal Oswal analyst
Brokerage firm analyst describing VIP Industries outlook
“Strong traction in the international market and revival in growth of the aligner business led to an improved overall performance.”
financialexpress.com
“Management expects stronger growth in Q2, with margins also expected to improve and turn around going forward.”
financialexpress.com
Sources
Related news
Motilal Oswal retains Buy on three stocks with 43% upside
Brokerages Pick 10 'Buy' Stocks with 10-49% Upside
Top Brokerages Bullish on 8 Stocks With Up to 42% Upside
Motilal Oswal Favors Value Fashion, Sees Vishal Mega Mart Upside
HSBC recommends 10 India stocks with up to 47% upside
Foreign Investors Deliver India's Strongest Stock Inflow In 23 Months
Auto stocks plunge despite strong August sales and demand outlook
Brokerages See Up to 55% Upside in Seven Stocks
Lumino Industries IPO Set for Debut as GMP Signals Gains
Mumbai EOW Arrests Vadodara Man In ₹16 Crore Share Fraud
