Zomato, Polycab India and Nuvama Wealth among SBI Securities' top 8 stocks to buy based on Q1 earnings

The brokerage selects the stock to buy based on several parameters including solid governance, supportive industry oulook among others

ZeeBiz WebTeam | Aug 29, 2024, 03:20 PM IST

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As the markets are in constant upswing and are seen to go further higher amid solid global cues, domestic brokerage SEBI has made its bet on 10 stocks based on Q1FY25 earnings. Here is a summay of the same together with the target price:

Our stock selection philosophy remains uncompromised with a focus on stocks having 1) Strong management backed by solid corporate governance, 2) Supportive industry outlook along with strong business growth visibility, 3) Attractive margins, return ratios and healthy balance sheet and 4) Strong historical track record, added the brokerage's report.

1/8

Zomato

Stock to buy- Target set out by the brokerage: Rs 300; potential upside: 17 cent

Our stock selection philosophy remains uncompromised with a focus on stocks having 1) Strong management backed by solid corporate governance, 2) Supportive industry

outlook along with strong business growth visibility, 3) Attractive margins, return ratios and healthy balance sheet and 4) Strong historical track record

2/8

Polycab India

Stock to buy- Target set out by the brokerage: Rs 7,979.6; potential upside: 18 per cent

3/8

Nuvama Wealth

Stock to buy- Target set out by the brokerage: Rs 7,790.7; potential upside: 17 per cent

4/8

Samhi Hotels

Stock to buy- Target set out by the brokerage: Rs 245.7; potential upside: 18 per cent

5/8

Fiem Industries

Stock to buy- Target set out by the brokerage: Rs 1,874.4; potential upside: 18 per cent

6/8

Sky Gold

Stock to buy- Target set out by the brokerage: Rs 3,172.3; potential upside: 20 per cent

7/8

Capacit'e Infraprojects

Stock to buy- Target set out by the brokerage: Rs 485.6; potential upside: 22 per cent

8/8

Epack Durable

Stock to buy- Target set out by the brokerage: Rs 315.7; potential upside: 22 per cent

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