Top Stock Picks: Analysts Recommend ‘Buy’ Ratings for Akums Drugs, JSW Steel, Bajaj Finserv & More

Several financial firms have issued ‘buy’ ratings on key stocks, highlighting potential growth opportunities. I Securities has set a target price of ₹710 for Akums Drugs & Pharmaceuticals, citing stable profit margins despite slow growth, with future export orders expected to boost profitability. HDFC Securities reaffirmed its ₹1,080 target for JSW Steel, noting increased production at Vijayanagar and BPSL plants, along with potential benefits from safeguard duties on Chinese imports. Emkay Global maintained its ₹2,000 target for Bajaj Finserv, viewing its split from Allianz as a positive move that removes uncertainties in its insurance business.

Yes Securities initiated coverage on Va Tech Wabag with a ₹1,750 target, highlighting a strong order book and expected margin improvements by FY27. JM Financial set a ₹400 target for Baazar Style Retail, predicting profitability growth and better cash flow, given its strong presence in Eastern India.

Top Stock Picks: Analysts Recommend ‘Buy’ Ratings for Akums Drugs, JSW Steel, Bajaj Finserv & More

Several financial firms have shared their latest stock recommendations, highlighting potential investment opportunities. Here’s a breakdown of their insights:

Akums Drugs & Pharmaceuticals

• Brokerage Firm: I Securities
• Recommendation: Buy
• Target Price: ₹710
• Key Highlights:
  • Maintains stable profit margins in contract development and manufacturing operations (CDMO) despite slower revenue growth in FY25.
  • Profitability expected to improve with reduced losses in the API division and a new export order set to begin in 2027.

JSW Steel

• Brokerage Firm: HDFC Securities
• Recommendation: Buy
• Target Price: ₹1,080
• Key Highlights:
  • Increased steel production at Vijayanagar and BPSL plants, driving stronger sales.
  • Expected benefits from steady demand, rising flat steel prices, and potential safeguard duties on steel imports from China and FTA countries.

Bajaj Finserv

• Brokerage Firm: Emkay Global
• Recommendation: Buy
• Target Price: ₹2,000
• Key Highlights:
  • The decision to end its joint venture with Allianz in the insurance business is viewed positively.
  • No expected impact on Bajaj’s life and general insurance divisions, with the split eliminating uncertainties regarding Allianz’s future involvement.

Va Tech Wabag

• Brokerage Firm: Yes Securities
• Recommendation: Buy
• Target Price: ₹1,750
• Key Highlights:
  • Strong market presence in India and the Middle East, backed by an order book worth ₹14,300 crore, ensuring revenue visibility for 3-4 years.
  • Profit margins expected to improve to 13-15% by FY27, supported by advanced technology and a high success rate in securing contracts.

Baazar Style Retail

• Brokerage Firm: JM Financial
• Recommendation: Buy
• Target Price: ₹400
• Key Highlights:
  • A leading player in value fashion retail, especially in Eastern India, with over 75% of stores in Tier 2, 3, and 4 cities.
  • Significant growth potential through steady execution, improved profitability, and better cash flow management, which could lead to a stock re-rating.

These recommendations reflect analysts’ confidence in the growth potential of these companies, driven by strategic initiatives, market positioning, and operational improvements. Investors may consider these insights when evaluating potential opportunities.

Each of these companies operates in industries with strong long-term growth prospects. Akums Drugs & Pharmaceuticals is poised for expansion with its focus on contract manufacturing and upcoming export opportunities. JSW Steel, benefiting from increasing demand and production capacity, remains a key player in India’s infrastructure and industrial sectors. Bajaj Finserv’s decision to separate from Allianz removes uncertainty while allowing it to focus on strengthening its insurance and financial services business.

Va Tech Wabag, with its significant order book and technological advancements, is well-positioned to capitalize on water infrastructure projects, which are critical for sustainable development. Meanwhile, Baazar Style Retail continues to expand its footprint in emerging markets, leveraging its presence in smaller cities where demand for affordable fashion is growing.

Given these factors, investors looking for long-term value and steady returns may find these stocks appealing, especially considering the favorable industry trends and strong fundamentals supporting their growth trajectories.