The brokerage assigned five "Buy" ratings and two "Add" recommendations across the selected group. Jubilant Ingrevia and Ujjivan Small Finance Bank lead the upside projections with potential advances of 72.5 percent and 46 percent, respectively. Meanwhile, mature large-cap players like Hindustan Aeronautics and Titan offer conservative single-digit returns. Additionally, all seven tracked companies are projected to experience earnings per share growth from FY27 to FY28 alongside contracting price-to-earnings ratios.
Key points
Government incentives including infrastructure outlays and Production Linked Incentive sc…: Government incentives including infrastructure outlays and Production Linked Incentive schemes are reinforcing domestic market fundamentals.
Five of the seven featured companies earned outright Buy ratings with upsides extending f…: Five of the seven featured companies earned outright Buy ratings with upsides extending from 6.4 percent to 72.5 percent.
All seven highlighted firms are anticipated to increase their earnings per share between…: All seven highlighted firms are anticipated to increase their earnings per share between FY27 and FY28 while price-to-earnings multiples contract.
Sources checked by our analysis pipeline: 1
Despite macroeconomic hurdles, India remains fundamentally sound, supported by resilient corporate balance sheets and the government’s continued focus on domestic capacity building through infrastructure capital expenditure and expanded Production Linked Incentive (PLI) schemes. Here are 7 stocks Kotak Neo is bullish on.
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2/8
APL Apollo Tubes
APL Apollo Tubes has a Buy rating with a fair value of Rs 2,594 (18% upside) per share. Its EPS is estimated at Rs 57.7 in FY27 and Rs 70.2 in FY28, while its P/E multiple is projected to decline from 37.5x to 30.8x over the same period.
ETMarkets.com
3/8
Eternal Limited
Eternal Limited has a Buy rating with a fair value of Rs 435 (21.5% upside) per share. Its EPS is projected to rise from Rs 1.3 in FY27 to Rs 3.2 in FY28, while its P/E multiple is estimated to decline from 264.6x to 107.5x.
ETMarkets.com
4/8
Hindustan Aeronautics
Hindustan Aeronautics carries an Add rating with a fair value of Rs 5,305 (5.2% upside) per share. Its EPS is estimated at Rs 147.4 in FY27 and Rs 180.7 in FY28,…
Robust domestic earnings and shifting geopolitical dynamics following the US midterms have triggered a strong rally in Indian equity markets. Lower crude oil prices have eased inflation concerns for the import-dependent economy, while strong foreign institutional buying has bolstered market performance despite an international slump in technology shares.
Global portfolio managers are rotating capital into traditional sectors like financial services, consumption, and industrials to escape technology volatility in export-heavy Asian and U.S. markets. This shift is supported by resilient domestic demand, falling oil costs, and lower Treasury yields that strengthen local balance sheets. The massive reallocation could generate historic capital injections if funds fully rebalance their regional benchmarks.
Investor anxiety over potential policy disruptions in Washington quickly cascaded into major East Asian financial hubs, triggering a rapid market-wide retreat. Mounting concerns that American lawmakers might stall critical infrastructure projects directly pressured regional chipmakers and equipment suppliers. As uncertainty mounted, major equity benchmarks in Taipei, Seoul, and Tokyo recorded dramatic declines in rapid succession.