7 months ago
JM Financial Recommends 7 Stocks
JM Financial, a company that helps people invest money, looked at how well some Indian companies did in the last three months.
They think these companies are doing well and might make even more money in the future.
So, they suggest that people should buy their stocks.
The companies include Tata Communications, Mphasis, Jindal Stainless, Ujjivan Small Finance Bank, Supreme Industries, Baazar Style Retail, and Radico Khaitan.
JM Financial thinks these companies are strong and have good plans for growing.
But remember, investing in stocks can be risky, so it's important to do your own research or talk to a financial advisor before making any decisions.
JM Financial recommends 'Buy' for 7 stocks after reviewing December-quarter earnings.
Tata Communications has a target price of Rs 2,250 with a 44.6% upside potential.
Mphasis is highlighted for strong deal wins and AI-led growth with a 20.5% upside.
Jindal Stainless shows sequential volume growth and overseas expansion plans with a 20.7% upside.
Ujjivan Small Finance Bank delivered a strong quarter with a 15.3% upside potential.
Supreme Industries is recommended for steady growth in the plastic piping segment with a 14.6% upside.
Baazar Style Retail is suggested for debt reduction and store expansion with a 21.1% upside.
- Who
- JM Financial
- What
- Stock recommendations with 'Buy' ratings
- Where
- India
- When
- After reviewing December-quarter earnings
- Why
- Based on steady revenue performance, margin improvement, balance sheet strength, and execution on growth plans
Key facts
- Tata Communications
- Target: Rs 2,250, Upside: 44.6%
- Mphasis
- Target: Rs 3,330, Upside: 20.5%
- Jindal Stainless
- Target: Rs 900, Upside: 20.7%
- Ujjivan Small Finance Bank
- Target: Rs 73, Upside: 15.3%
- Supreme Industries
- Target: Rs 4,000, Upside: 14.6%
- Baazar Style Retail
- Target: Rs 410, Upside: 21.1%
- Radico Khaitan
- Revenue growth: 19.5% YoY, No target price disclosed
Timeline
JM Financial backed 3 stocks on July 2, 2025.
Then, on January 25, 2026, they endorsed 8 Indian companies.
Influencing this, they'd previously praised 4 firms on January 14, 2026.
Now, JM Financial urges buying 8 stocks, citing strong performance.
Quotes
Nuvama Institutional Equities
Financial services company providing institutional equities research and analysis
“From this, we conclude it is going to be difficult for many companies in the solar space to raise funds for their capacity expansion and backward integration. This shall benefit all larger companies with balance sheet strength such as Reliance, Mundra Solar, Tata Power, Waaree Energies and Premier Energies, to scale up their capacities and further backward integrate to achieve growth and sustainable margins”
businesstoday.in
“With a 43 per cent Ebitda CAGR over FY25–28, strong OCF, a healthy balance sheet and an RoE of 30 per cent-plus, we expect Premier Energies to manage high capex need of Rs 12,500 crore in next 2–3 years. We are raising FY26/27/28E PAT by 6 per cent, 8 per cent and 8 per cent; Braveheart ‘BUY’; target price: Rs 952”
businesstoday.in
Nuvama
A leading brokerage house providing investment recommendations.
“We are tweaking FY26 and FY27 EPS by +0.4% and -4.3%, respectively, on a slightly lower growth assumption in FY27.”
financialexpress.com
Sources
Premier, Waaree Energies Q3 comparison, target prices, cues from solar IPO demand
India Inc posts weak profit growth
3 ‘Buy’ recommendation by Nuvama with up to 46% upside potential
Brokerage Consensus Stocks: From pharma to media, 8 stocks draw ‘Buy’ calls across brokerages, with upside up to 90%
