Stocks to buy: IDFC, GNA Axles, Zen Technologies among top fundamental picks by HDFC Securities

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₹145 and in the bull case, it has a target price of ₹158 per share for IDFC Ltd. It advises investors to buy IDFC Ltd in ₹130-133 band and add on dips in ₹116-118 band, for a time horizon of 2-3 quarters. Also Read: 'Valuations of smallcaps ahead of fundamentals; tough to predict RBI rate cut' Higher maturity mix in hospitals, steady performance of flagship hospitals in India and improving profitability of new hospitals solidifies Narayana Hrudayalaya’s position in India.

Prioritizing debottlenecking and brownfield expansion at its existing centres and expansion in Cayman support growth going forward, HDFC Securities said. However, operationalising of new hospitals which would account for large part of the growth could pose risk on the margin front. It expects revenue/EBITDA/PAT to grow at CAGR of 12.3%/12.2%/6.5% over FY23-25E.

(Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) The brokerage suggests investors can buy the stock in the band of ₹1,080-1,105 and add more on dips to ₹967-987 band for 2-3 quarters time horizon. In the base case, it has a target price of ₹1,195 and the bull case target price of ₹1,265 per share. LG Balakrishnan & Bros LG Balakrishnan & Bros mainly caters to the two-wheeler industry and operates in two segments - Transmission products and Metal forming products.