Tata Power, Graphite India & HDFC Bank: What AK Prabhakar of IDBI Capital says on these 3 stocks

Tata Power, Graphite India & HDFC Bank: What AK Prabhakar of IDBI Capital says on these 3 stocks

Top stock picks for today: "Tata Power expects its revenue and EBITDA to be doubled by FY27. I think it will be more than double. If a company can double in 4 years, then its 20 per cent CAGR (Compounded annual growth rate). If it is doing the same in 3 years, then it is 25 per cent CAGR," Prabhakar told BT TV.

Advertisement
Top stock picks for today: Tata Power shares were last seen trading 2.20 per cent lower at Rs 267.30.Top stock picks for today: Tata Power shares were last seen trading 2.20 per cent lower at Rs 267.30.
https://akm-img-a-in.tosshub.com/businesstoday/2022-12/whatsapp-image-2022-08-03-at-12.56.07-pm.jpeg
Prashun Talukdar
  • Nov 30, 2023,
  • Updated Nov 30, 2023 11:01 AM IST

AK Prabhakar, Head of Capital, IDBI Capital, on Thursday picked Tata Power Company Ltd as one of his top fundamental stock picks. "The company expects its revenue and EBITDA to be doubled by FY27. I think it will be more than double. If a company can double in 4 years, then its 20 per cent CAGR (Compounded annual growth rate). If it is doing the same in 3 years, then it is 25 per cent CAGR," Prabhakar told 

Advertisement

Also read: Akshar Spintex shares rise as board to consider bonus, dividend & buyback

Also read: Stock recommendations for November 30, 2023: Gujarat Gas, Chambal Fertilisers and Quess Corp

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

AK Prabhakar, Head of Capital, IDBI Capital, on Thursday picked Tata Power Company Ltd as one of his top fundamental stock picks. "The company expects its revenue and EBITDA to be doubled by FY27. I think it will be more than double. If a company can double in 4 years, then its 20 per cent CAGR (Compounded annual growth rate). If it is doing the same in 3 years, then it is 25 per cent CAGR," Prabhakar told 

Advertisement

Also read: Akshar Spintex shares rise as board to consider bonus, dividend & buyback

Also read: Stock recommendations for November 30, 2023: Gujarat Gas, Chambal Fertilisers and Quess Corp

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
Read more!
Advertisement