News Topical, Digital Desk : The stock market is currently witnessing a decline and uncertainty is currently affecting the entire market. Amidst this pressure, many such stocks have seen a decline, which brokerage houses are positive about. Amidst the constant pressure on the stock, brokerage houses are revising the targets down. However, due to the sharp decline in the stock, the revised targets are also quite attractive. ICICI Securities has lowered the targets in 2 such stocks. However, even after these revisions, the stocks are expected to rise by 58 percent.
Awfis Space Solutions
ICICI Securities has maintained a buy recommendation on the stock, however, amid the ongoing decline in the stock, the target of the stock has been reduced from 1019 to 891. The stock is currently at the level of 562. That is, the stock is expected to rise by about 59 percent from here. The stock has been continuously declining. However, due to the increasing confidence of brokerage in smallcap stocks, such high returns are expected in the stock. According to the report, the company has performed strongly in the first quarter. Along with this, there are signs of growth in revenue and EBITDA for the future.
Signature Global India ICICI Direct has also expressed its confidence in Signature Global, included in the BSE 500. The target for the stock has also been reduced from 1996 to 1742. The stock is currently at the level of 1100. That is, the stock has also seen a rise of 58 percent from here. According to the report, the last financial year has been great for the company in terms of sales booking. Where there has been a growth of 42 percent. For the current financial year, the company has given guidance of 20 percent growth in sales booking. According to the report, the company is also planning to enter some other places in New Delhi and NCR, which will be monitored. The report also said that the slowdown in Gurugram market and the challenge related to replenishing the land bank can be risks.
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