Five stock ideas for next one year

The S&P BSE Sensex bounced back in March, but is still down a little over 1% so far in 2016. ETMarkets.com collated a list of top five stock ideas from different analysts interviewed on ET NOW for investors with an investment horizon of not less than 12 months.

LIC Housing Finance Target price Rs 510 The company has been delivering decent net earnings growth. Asset quality seems quite stable over this last year and since we are in a scenario where interest rates are getting cut, cost of funds will come down over a period of time, Sharmila Joshi,sharmilajoshi.com said.

Blue Star Target price Rs 458 “Favourable outlook for the AC industry to augur well for cooling products business which is outpacing the market growth. EMPPAC division’s profitability to improve once operating environment turns around,” said an Angel Broking report.

Radico Khaitan Target price Rs 156 The IMFL segment is under penetrated. Going forward, an increase in income levels would lead to higher growth in IMFL brands.

Indiabulls Housing Finance Target price Rs 800 “Going forward in FY17 hopefully with a 20-25% loan book growth, we could see a profit growth of around 25,” said Avinnash Gorakssakar of Precision Investment.

Somany Ceramics Target price Rs 450 “This year we should see the company recording a profit of roughly Rs 60 crore on a small equity of almost Rs 8 crore and going forward, 2018 financial year could be a bump up year,” said Avinnash Gorakssakar of Precision Investment.