Brokerage Report: Brokerage report on these 14 stocks, expected to surge with the opening bell

News Topical, Digital Desk : Brokerage Research Report News: Amidst the volatility in the stock market, many brokerage firms are bullish on stocks in certain sectors. Brokerage firms believe that after the recent decline, many good stocks are available at attractive valuations. Consequently, CLSA, Nuvama Wealth Management, and Jefferies have recommended buying several companies.

These include stocks from the IT sector, as well as auto, FMCG, healthcare, and coal sectors. The brokerage believes these stocks could generate good returns in the future.

Brokerage's Eye on the IT Sector: According to the brokerage, concerns about Gen-AI have led to increased volatility in IT stocks recently. However, history shows that the tech sector often benefits from new technologies. Consequently, several IT companies have been recommended for purchase. These include HCLTech, Wipro, Tech Mahindra, and Hexaware Technologies. Some companies within the sector have been identified as top picks, such as Coforge, LTIMindtree, Persistent Systems, Mphasis, Infosys, and Tata Consultancy Services. The brokerage says that the recent decline in the sector could present a good entry opportunity for investors. 

CLSA's Opinion on ASK Automotive: Brokerage CLSA has an Outperform rating on ASK Automotive and has a target price of ₹630. According to the brokerage, the company's third-quarter revenue grew by approximately 18% and EBITDA by 27%. Strong demand for two-wheelers is supporting the company's business. The company's RoCE is reported to be around 28%. 

Nuvama Bullish on Bajaj Consumer Nuvama Wealth Management has a Buy rating on Bajaj Consumer Care and a target price of ₹435. The brokerage says the company is targeting double-digit growth, with margins expected to reach around 20%. The company's distribution network is expected to expand to around 900,000 outlets. Furthermore, falling copra prices could improve margins. 

Buy on Jupiter Life Line Hospitals Brokerage Nuvama Wealth Management has also given a Buy rating to Jupiter Life Line Hospitals and a target price of ₹1,475. According to the brokerage, some losses may occur over the next 1.5 to 2 years due to the expansion of new facilities. The expansion of the Dombivali unit, in particular, may put margin pressure initially. However, the company's long-term prospects are considered strong, with revenue growth of around 16% CAGR and EBITDA growth of 15% CAGR. Jefferies maintains its Buy rating on Coal India and raises its target price from ₹450 to ₹485. The brokerage believes the company's earnings could grow at a CAGR of approximately 9% between FY26 and FY28. Rising power demand during the summer is expected to boost coal consumption. Furthermore, rising global coal prices could lead to better revenue through e-auctions. The company holds approximately 60% market share and offers a dividend yield of approximately 6%. Overall, brokerage reports indicate that despite market volatility, several sectors offer promising opportunities. The brokerage expects strong growth and returns, particularly in the IT, FMCG, healthcare, and coal sectors.

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