Archive · 19 Jun 2025
Brokerages Initiate Coverage on Multiple Stocks, Offer Ratings
Several financial companies, like YES Securities and IIFL, have started advising investors about certain stocks.
They're suggesting people buy shares of companies such as Swiggy, which delivers food, and Chalet Hotels, due to their expected growth.
Most of the reviews were positive, predicting the stocks' prices could rise significantly.
However, one company that certifies diamonds, IGI, got a less positive review due to worries about its future.
Another company, Page Industries, got a mixed review because one of its markets is growing, but there are challenges in another.
Multiple brokerages initiated coverage on stocks including Swiggy, Siemens Energy India, and Chalet Hotels.
Most stocks received 'buy' ratings, with potential upsides up to 50% based on the brokerage reports.
Swiggy is expected to deliver 28% revenue CAGR over FY25-28 and become Ebitda/PAT positive by FY27/28.
International Gemmological Institute (IGIL) received a 'reduce' rating due to concerns about pricing sustainability.
Page Industries received a 'hold' rating, with JM Financial citing limited growth in the women's segment.
- Who
- Multiple brokerage firms and companies like Swiggy, Siemens Energy, and Chalet Hotels.
- What
- Brokerage firms initiated coverage on multiple stocks, issuing ratings and price targets.
- When
- Coverage initiated recently, with financial projections for the coming years.
- Where
- Focus on the Indian stock market.
- Why
- Brokerages initiated coverage to provide investment recommendations and assess future growth potential.
Positive Market Outlook
Mixed Views
Investment Potential
Positive Market Outlook
Most brokerages have issued 'buy' ratings on covered stocks, anticipating significant growth.
Mixed Views
IGIL received a 'reduce' rating because of uncertainty regarding profitability.
Growth Prospects
Positive Market Outlook
Companies such as Swiggy are expected to grow rapidly, with projections for revenue and profitability increases.
Mixed Views
Page Industries is expected to experience slow growth, and faces competition.
- Companies Covered
- Swiggy, Siemens Energy India, Chalet Hotels, IGI, Page Industries, Happy Forgings, Interarch Building Solutions, Sansera Engineering, and SJS Enterprises
- Rating Distribution
- Buy (Most), Hold (Page Industries), Reduce (IGIL)
- Upside Potential
- Up to 50% (for many stocks)
- Brokerage Firms
- YES Securities, IIFL Securities, HDFC Securities, Elara Capital, Kotak Institutional Equities, ICICI Securities, JM Financial, Aditya Birla Money, B&K Securities
- Swiggy's Projected Revenue CAGR
- 28% over FY25-28
- IGIL Rating
- Reduce
- Page Industries Rating
- Hold
