The next key trigger for the Indian stock market be the monsoon season. According to the India meteorological department (imd) India is likely to experience Above Average Monsoon Rains in 2025.
This Projection Signals a potential Fruitful Agriculture Season which is Crucial for Rural Demand and Benefit Sector like Agrochemicals, FERERIZERS, TRACTILISARS, TRACTORS, TOWO-WHO-EWHELIS and FMCGG. Green Shoots of Recovery in Rural Markets, Sustained Momentum in Manufacturing and Services Sector Augur Well for Consumption Demand in the Near Term, Analysts Said.
“Steadily Improving Macros Like Resilient GDP Growth, Down Trending Inflation and Interest Rates and Declining Fiscal and Current Account Account Deficit Lay the Foundation for a Strong Econgs and Earnings Recovery in the Method TERM
Meanwhile, Brokerage Firm Way2Wealth Has Released The List of Monsoon Stock Picks. The stocks are believed to gain from improvement rural liquidity and demand on the back of better monsoon. It believes these quality stocks have strong fundamentals and a positive correlation to monsoon trends and other key macroeconomic indicators.
The brokerage firm sugges these stocks to buy for a time Horizon of 6-8 months. These stocks to buy include bayer cropscience, canara bank, coromandel international, emami, Godrej agroovet, Hero Motocorp, Supreme Industries and SWARAJ ENGINES.
Here are the monsoon stock picks by 2wealth:
Bayer Cropscience | Buy | Target price: 6,450
Bayer cropscience is expected to maintain a revenue, ebitda and pat caagr of 10%, 30% and 28% over fy25–27e, respectively. At the CMP, Bayer Cropscience Share Price is Trading at A P/E of 28x and An Ev/Ebitda of 21X based on Fy27e Estimates, Way2Wealth Said.
The Brokerage Firm Assigns a ‘Buy’ Rating to Way2Wealth Shares with a Target Price of 6,450 apiece.
Canara Bank | Buy | Target price: 125
Canara Bank’s Balance Sheet Stands Stands With Carr at 16.3%. It will be further strengthened with iPo proceeds of Canara Robeco which will provides growth capital to the bank, said the brokerage firm. It has a ‘boy’ call on canara bank shares with a target price of 125.
Coromandel International | Buy | Target price: 2,700
Coromandel International is Progressing with Key Projects, Targeting Commission by FY26-27. It is focusing on Capex Realignment, Backward Integration, and New Product Growth Such as Nano Dap, While Mainting a Revenue, Ebitda and PAT CAGR of 9%, 22% and 17% Over Fy25-27e, respectly.
At the CMP, Coromandel International Shares are trading at a p/e of 25x and an ev/ebitda of 17x based on fy27e estimates. Way2wealth Assigns a ‘Buy’ Rating to Coromandel International Shares, with a target price of 2,700 apiece.
Emami | Buy | Target price: 660
Emami Remains Committed to Grow Through Various Initiatives Like Newer Launches, Expanded Reach and Increased Digital Presence Through E-Commerce Despite Despite HIGH Inflation and Uraban Slowdown. Further, it has a strong presence in the niche personal care categories, with low penetration. At CMP, Emami Stock is Trading at 27X Its FY26 P/E.
The brokerage firm recommends a ‘boy’ call on emami shares based on its strong fundamentals. It has emami share price target of 660 apiece.
Godrej Agroovet | Buy | Target price: 840
Godrej Agrovet’s Diversified Products Across Less Regulated Agricultural Inputs and Outputs, Outputs, Leading Market Positions Across Across All of Them and CQUALITY MANAGEMENT and PARENTING, PARONTATING, Makes The the theme of Indian Agriculture, said the brokege firm. The company has a strong balance sheet and generates healthy cash flows and return ratios.
At CMP, Godrej Agroovet Stock Price is Trading at 28x Its FY26 P/E. The brokerage has a ‘boy’ call on the stock with a target of 840 Level.
Hero Motocorp | Buy | Target price: 5,000
Way2Werth Remains Optimistic About Growth of the company in the Near Term. The company Currently Trades at A P/E 15.9x on Fy27e Bell Its 5-YAR Average P/E of 21.6X. It has a ‘Buy’ Rating and Hero Motocorp Share Price Target of 5,000
Supreme Industries | Buy | Target price: 4,750
A Recovery in Plumbing Demand is AntiicPated as Channel Inventories Stabilize and Government Spending Picks Up, The Brokeage Firm Said as it Remains Optimistic About Growout Growout of the Company in Near in Near Term. Supreme Industries Shares Currently Trade at A P/E 39.7x on Fy27e Below Its 5-Year Average Pe of 42.2x. The brokerage recommends buying supreme industries shares for a target price of 4,750 apiece.
Swaraj Engines | Buy | Target price: 4,600
The company’s engine business is likely to move in tandem with industry. Further, Return Ratios (ROCE: ~ 53+%, RO: ~ 40%) Along with positive FCF generation will also be amON the key triggers, said the brooking house. At CMP, Swaraj Engines Share Price is Trading at 26x Its FY26 P/E. It recommends buying swaraj engines shares for a target price of 4,600 apiece.
Disclaimer: The views and recommendations made about individual analysts or broking companies, and not of Mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.
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