5 Small, Mid, Large Cap Stocks That Can Give 25-40% Return, Buy: Prabhudas Lilladher

Leading brokerage firm, Prabhudash Lilladher has picked 5 stocks to buy from Agrochemical and fertilizer space that can rally from 25% to 40% in near term. The analyst cited the robust demand scenario globally and maintained positive stance on exporters. The stocks that have received buy call are Dhanuka Agritech, Sharda Cropchem, PI Industries, Coromandel International, and UPL.

Prabhudas Lilladher said, "we continue to maintain our positive stance on exporters and prefer PI Industries and UPL in agrochemical space. While, Coromandel Int'l remains our preferred pick in the fertilizer pack."

Name of company	Potential return
UPL Ltd	40%
Sharda Cropchem Ltd	37%
Dhanuka Agritech	34%
PI Industries	26%
Coromandel International	25%

1. Buy UPL Ltd

The current market price of the large cap stock is Rs 762 apiece. Prabhudas Lilladher has recommended investors to buy the stock with a target price of Rs 1070 apiece. If you buy UPL Ltd now, you can get 40% return soon.

It has a market capitalisation of Rs 58,357 crore. According to Prabhudas, "The company expects to reduce debt by USD650mn (earlier USD400mn) in FY23E led by recent restructuring of business verticals resulting into inflow of USD259mn. We expect UPL to clock Revenue/PAT CAGR of 11% /17% over FY 22-25E. Maintain 'BUY' with TP of INR1070 based on 14xSeptember FY24E EPS.

2. Buy Sharda Cropchem Ltd

The current market price of the small cap stock is Rs 481 apiece. It has a market capitalisation of Rs 4343 crore. The analyst has given buy rating to the stock with a target price of Rs 660 apiece. If you buy Sharda Cropchem today, you can get 37% return. The stock has given 126% return in last 3-years and 45% return in 1-year.

According to Prabhudas Lillledher, "Citing positive growth momentum across regions coupled with price hikes in the recent past, management remains confident of achieving 15-20% YoY revenue growth for FY23E, however adverse currency movement is likely to exert pressure on margins in the near term. Maintain 'BUY' with TP of Rs660 based on 14xFY25E EPS.

3. Buy Dhanuka Agritech

The current market price of the small cap stock is Rs 691 apiece. The analyst has assigned buy call to Dhanuka Agritech with a target price of Rs 940 apiece. If you buy Dhanuka Agritech today, you can get 34% potential return.

The stock has given maximum 113% return in last 3-years and declined 7% in last 1-year. It has a market capitalisation of Rs 3,220 crore.

4. Buy PI Industries

The current market price of the stock is Rs 3461 apiece. It has a market capitalisation of Rs 52,513 crore. The analyst has assigned buy call to the stock with a target price of Rs 4350 apiece.

If you buy PI Industries, you can get 26% potential return.

The company has a market capitalisation of Rs 52,513 crore. It has given 262% return in last 5-years and 18% in last 1-year.

5. Buy Coromandel International

The current market price of the mid cap stock is Rs 961 apiece. Prabhudas Lilladher has given buy rating to the stock with a target price of Rs 1200 apiece. If you buy Coromandel International now, you can get 25% likely return.

The company has a market capitalisation of Rs 28,261 crore. It has given 88% return in last 3-years and 24% return in last 1-year.

Disclaimer

The stocks have been picked from the brokerage report of Prabhudas Lilladher. Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.