Following the recent plunge in small-cap and mid-cap shares, ET looks at some of the latest stock recommendations by analysts. These stocks are expected to return between 23% and 49% as per analysts’ price targets.
Shriram Pistons & Rings
BROKERAGE: EMKAY GLOBAL
Price Target: Rs 2,450 CMP: Rs 1,647 Upside: 49%
- Initiate coverage with ‘buy’ rating as co has dominant 40-45% share in core products across segments
- Current valuations (PE Ratio), at 11 times FY26 earnings estimates is attractive, given company’s leadership market positioning and robust financials
- Value company at 18 times FY26 estimated PE Ratio, which is a 20% premium to peers- Craftsman and Sansera- on superior franchise and growth outlook.
Balrampur Chini
BROKERAGE: JM FINANCIAL
Price Target: Rs 500 CMP: Rs 356.8 Upside: 40%
- Current valuation of 10.5 times FY26 estimated earnings disregards positives
- Improving sugar prices with likely reduction in acreage in Maharashtra and Karnataka in the coming season
- Increased earnings from ethanol capacity; foray into polylactic acid can be as large as 15-25% of current market-cap
AU Small Finance Bank
BROKERAGE: MOTILAL OSWAL
Price Target: Rs 720 CMP: Rs 585 Upside: 23%
- Merger with Fincare SFB will augment AU’s loan book by 16%; combined entity to grow 25%
- Post-merger, AU will gain presence in high-yielding MFI and Gold loan segments
- Fincare’s robust presence in southern India complements AU’s stronger presence in the North
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