Prestige Estates Projects, Lupin among 7 small & midcap stocks that can rally up to 63%

Domestic brokerage steadfast Axis Securities is optimistic astir respective tiny and midcap stocks, predicting imaginable rallies of up to 63%. These see Prestige Estates Projects, Lupin, Dalmia Bharat, Max Healthcare Institute and APL Apollo Tubes.

Here's a database of 7 tiny & midcap stocks that tin rally up to 63%, according to Axis Securities:

Axis Securities has acceptable a people terms of Rs 2,500 connected Lupin, showing an upside imaginable of astir 27% from the existent marketplace prices.

"New launches successful the U.S. market, specified arsenic Darunavir and Spiriva, person gained marketplace shares of up to 30% and 25%, respectively. The caller support for gMegabran has the imaginable to lend $50 Mn successful yearly incremental sales. Additionally, approvals for Tolvaptan (market size $287 Mn) and Xyway (market size $958 Mn with 180-day exclusivity) could thrust maturation successful the 2nd half. The institution has a robust merchandise pipeline, which includes Cyanocobalamin, Diazepam Gel, Varenicline, Bromfenac, Glucagen, and Risperidone, among others," it said.

Axis Securities has acceptable a people terms of Rs 1,315 connected Max Healthcare Institute, indicating an upside imaginable of astir 16% from the existent marketplace prices.

"Max Healthcare’s gross premix remains good balanced, with sustained maturation successful some organization and planetary diligent segments. The caller emergence successful organization concern stock is expected to stabilise arsenic higher-value payer segments expand. While caller infirmary ramp-ups whitethorn person a short-term borderline impact, this should easiness arsenic these facilities standard operations. Profitability successful Lucknow and Nagpur is expected to amended further, driven by higher occupancy rates and the instauration of caller objective programs," Axis Securities said.

Axis Securities has acceptable a people terms of Rs 950 connected The Indian Hotels Company, showing an upside imaginable of astir 19% from the existent marketplace prices.

"As per awesome gross maturation and fantabulous performance, we worth the banal astatine EV/EBITDA 40x for FY27E earnings," it said.

The brokerage steadfast Axis Securities has acceptable a people terms of Rs 2,180 connected Dalmia Bharat, implying an upside imaginable of 19% from the existent marketplace prices.

"Cement request is expected to stay strong, driven by ongoing infrastructure development. The manufacture is expected to turn astatine 1.2 times the GDP growth, which is projected to beryllium 6.5%-7% implicit the adjacent respective years. Given the company's superior positioning successful cardinal markets successful the East and South, vulnerability to the West region, the government's absorption connected infrastructure and affordable housing, expanding existent property demand, caller capableness ramp-up, and ongoing outgo optimisation measures, DBL is expected to present unchangeable performance," it said.

The brokerage steadfast Axis Securities maintained a 'Buy' standing connected Prestige Estates Projects with a people terms of Rs 1,820, showing an upside imaginable of 63% from the existent marketplace prices.

"Despite the lack of large launches this quarter, the institution recorded income of Rs 3,013 Cr (Rs 2,947 Cr attributable to PEPL), showcasing its quality to make income from ongoing inventory. Management remains assured successful the request for its projects and expects ~30% income connected motorboat for upcoming developments. This should enactment its booking guidance and reenforce a beardown pipeline for aboriginal task acquisitions," it said.

Axis Securities has acceptable a people terms of Rs 1,750 connected APL Apollo Tubes, showing an upside imaginable of astir 16% from the existent marketplace prices.

"The company’s imaginativeness is to grow its capableness to 10 MTPA by FY30, providing a semipermanent maturation tailwind. The existent capableness is 4.3MT, which volition summation to 5MT by FY26. The residual capex of Rs 500 Cr volition bring the full capableness to 5.5 MTPA. We worth the institution utilizing a Dec’26 EPS estimate, based connected a 1-year guardant P/E people of 33x, to get astatine our people terms of Rs 1,750/share," it said.

Axis Securities has acceptable a people terms of Rs 1,350 connected Kalpataru Projects International, showing an upside imaginable of astir 45% from the existent marketplace prices.

"The institution is well-positioned to payment from a robust bid book, favourable sectoral tailwinds successful some home and planetary T&D and B&F segments, improved show of its planetary subsidiaries, supportive authorities initiatives, and expected borderline improvements. It is projected to present a CAGR of 16%, 19%, and 31% implicit FY24-27E," said the brokerage firm.

(Disclaimer: Recommendations, suggestions, views and opinions fixed by the experts are their own. These bash not correspond the views of The Economic Times)