Suprajit Engineering: SEL is the primary beneficiary in the production of OEMs worldwide. It is well protected from EV (creating new products) threat. The note noted that its premium ratings have increased due to strong outlook and high returns. The company is the largest supplier of automotive cables to domestic OEMS in both 2Ws and PVs. Its target value is Rs.485. This represents an increase of more than 45%. So the brokerage firm has a valuation of buying these shares.
Au Small Finance Bank: Based on stable asset quality, Angel One expects credit growth to pick up in the fourth quarter of 2022. Therefore, it may lead the bank to revaluate. Also, Au Small Finance Bank shares with a target price of Rs 848 will be favorable in the buying appraisal. Indicates an increase of more than 38% from the current stock level.
Jubilant Ingrevia: At present, chemical stocks are traded at significant discounts to other chemical companies. Therefore, Angel One has stated that the value of the shares is at the current level. So with a 50% upside, it is estimated to buy with a price target of Rs.700.
Oberoi Realty: As aggression levels improve in 2022, there is good coordination across India among the top-10 companies that now hold 11.2% market share, up from 5.4% in 2017. Therefore, Angel One says that the top-10 players will continue to gain market share.
Oberoi Realty is a real estate company. It focuses on the MMR area. Residential and commercial real estate has business nodes. The buying rating on Angel One Realty shares is targeted at Rs 1,000. This represents an increase of more than 30%.