MTAR Tech, HAL, Niva Bupa, DBEIL among 8 stock saw brokerage initiations with up to 340% upside
Khandwala Securities has initiated coverage on Deepak Builders & Engineers with a 'strong buy' rating, driven by its attractive valuation and growth prospects.
- Apr 18, 2025,
- Updated Apr 18, 2025 8:29 AM IST
Select stocks including Aadhar Housing Finance, Shaily Engineering Plastics, Ajax Engineering, Hitachi Energy India, MTAR Technologies, Hindustan Aeronautics, Deepak Builders & Engineers, SRM Contractors and Niva Bupa Health Insurance Company have seen fresh interest from the various brokerage firms, who have recently initiated their coverage on these companies.
Deepak Builders & Engineers India (DBEIL) is an integrated engineering and construction company specializing in EPC projects, including hospitals, administrative buildings, and infrastructure development, with operation and maintenance activities. DBEIL is poised for growth in the Indian construction industry, projected to reach $1.4 trillion by 2025, said Khandwala Securities.
Khandwala Securities has initiated coverage on Deepak Builders & Engineers with a 'strong buy' rating, driven by its attractive valuation and growth prospects. Its stock price currently trades at a forward P/E level of 6.25 times FY26E EPS, representing a significant discount to industry average. We derive a price target of Rs.627," it said.
Select stocks including Aadhar Housing Finance, Shaily Engineering Plastics, Ajax Engineering, Hitachi Energy India, MTAR Technologies, Hindustan Aeronautics, Deepak Builders & Engineers, SRM Contractors and Niva Bupa Health Insurance Company have seen fresh interest from the various brokerage firms, who have recently initiated their coverage on these companies.
Deepak Builders & Engineers India (DBEIL) is an integrated engineering and construction company specializing in EPC projects, including hospitals, administrative buildings, and infrastructure development, with operation and maintenance activities. DBEIL is poised for growth in the Indian construction industry, projected to reach $1.4 trillion by 2025, said Khandwala Securities.
Khandwala Securities has initiated coverage on Deepak Builders & Engineers with a 'strong buy' rating, driven by its attractive valuation and growth prospects. Its stock price currently trades at a forward P/E level of 6.25 times FY26E EPS, representing a significant discount to industry average. We derive a price target of Rs.627," it said.