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.
- 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
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
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
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