Top Four Stock Picks For August By Yes Securities

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Yes Securities Report

Bharti Airtel Ltd. - Bharti Airtel is a global communications solutions provider with over 490 million customers in 17 countries across South Asia and Africa. Airtel is India’s largest integrated communications solutions provider and the second-largest mobile operator in Africa. We believe despite the 5G investment payouts, the company is witnessing a shift in its free cash flow generation capability that could translate into healthy deleveraging.

PSP Projects Ltd. - PSP Projects is an integrated engineering, procurement and construction company across construction chain from design, construction, mechanical, electrical, plumbing, Interior, operations and maintenance services. It had a total order inflow of Rs 1802 crore in FY22 whereas for FY23 until now it has a total order inflow of Rs 1097 crore. The company has guided for a steady growth of 20-25% in the order book every year.

Axis Bank Ltd. - Axis Bank is churning its book towards high yielding segments. The bank’s market share in net credit cards added has improved dramatically after a lean CY20. Axis Bank’s thrust on high yielding segments has started playing out in FY22.

Ramco Cements Ltd. - Management of Ramco Cements expects ~12-15% volume growth for this fiscal with the increasing utilisation of the newly added capacity. With the newly added capacities in east, the company is diversifying its geographical existence thereby increase share of blended cement (74% as of Q1 FY23).

Click on the attachment to read the full report:

Yes Securities Top 4 picks Aug 2022.pdf

Read Document

DISCLAIMER

This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.