Chambal Fertilizers, RR Kabel among 4 stock picks with up to 27% upside: YES Securities

YES Securities has a Buy recommendation on RR Kabel with a target price of Rs 1,954, which indicates an upside potential of 14%.

Government’s Intensifying focus on infrastructure, strong tailwinds from the real estate sector and increased electrification of villages are expected to spur the wires and cables industry growth. Further, India’s energy requirement is also expected to surge over the years led by a rise in industrial activities. All these factors combined make RR kabel an interesting prospect for a BUY rating.

YES Securities has a Buy rating on L&T with a target price of Rs 4,294, which suggests an upside potential of 21%.

With a leadership position in India’s infrastructure space L&T benefits from long-term structural tailwinds, including increased infrastructure spending and the global shift towards renewable energy. Its robust order book, operational efficiency, and focus on innovation ensure steady revenue growth and profitability. L&T’s ability to manage complex, large-scale projects across multiple sectors, coupled with its disciplined financial management, makes it a reliable choice for investors seeking stable and sustainable returns.

YES Securities has a Buy recommendation on FIEM Industries with a target price of Rs 2,100, which shows an upside potential of 27%.

We expect healthy volume growth in the two-wheeler industry over FY25E-FY27E and that would support growth for the company. Increasing LED adoption (higher content per vehicle) in the automotive industry would further add to earnings and revenue growth for Fiem. We thereby expect Fiem to continue to outperform two-wheeler industry growth over FY25-FY27E. The company’s entry in the four- wheeler LED lighting segment provides new growth opportunity, add to this, the company’s strong balance sheet and healthy returns profile making it a compelling BUY.

YES Securities has a Buy recommendation on Chambal Fertilizers with a target price of Rs 620, which shows an upside potential of 24%.

Favorable agricultural conditions, including better monsoons and increased sowing, are driving demand for fertilizers and agrochemicals. The company’s diversified portfolio and high-margin products add to its growth potential, making it an attractive investment opportunity.


(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)