The brokerage sees potential for a ‘significant’ re-rating of the stock as valuations are expected catch up with its peer group on strong growth in FY23. The valuation of the mid-sized IT company, owned by the RPG Group, at an estimated Price to Earnings (PE) ratio of 12 times is one of the lowest among the mid-cap stocks it tracks.
BEML, Angle One among 4 stocks that can rally up to 37% in short term
Analysts highlight four technical stock picks—BEML, Angel One, Container Corporation of India, and TVS Motor—that show strong bullish signals and could deliver up to 37%
May 19, 2025