1 year ago
Nomura Recommends 'Buy' for Three Stocks With Upside
A financial company called Nomura is suggesting people buy stock in three different companies: EPL, Lupin, and Britannia.
They think these companies' stock prices will go up.
For EPL, Nomura believes the stock could go up by almost 60%.
Lupin could see a 27% increase, and Britannia about 18.5%.
The company expects good things for all these businesses.
They expect Lupin to do especially well in the next couple of years.
It's like Nomura is saying, "These are good investments, so consider buying these stocks."
Nomura recommends 'Buy' ratings for EPL, Lupin, and Britannia.
EPL's target price is Rs 350, implying a 59.8% upside.
Lupin's target price is Rs 2,350, a 27% upside.
Britannia's target price is Rs 6,400, an 18.5% upside.
Nomura expects strong earnings growth for Lupin over the next two years.
- Who
- Nomura, EPL, Lupin, and Britannia.
- What
- Nomura recommends buying stocks for EPL, Lupin, and Britannia.
- Where
- N/A
- When
- In the latest report.
- Why
- Based on strong business and potential for growth.
Key facts
- EPL Target Price
- Rs 350
- Lupin Target Price
- Rs 2,350
- Britannia Target Price
- Rs 6,400
- EPL Upside
- 59.8%
- Lupin Upside
- 27%
- Britannia Upside
- 18.5%
Quotes
Nomura
The brokerage firm
“Britannia’s rural demand remains strong, and its direct distribution in Central India is gaining ground.”
financialexpress.com
“The new route-to-market strategy is expected to improve urban sales and boost premium product reach.”
financialexpress.com
