Angel Broking: Top Stock Picks For  December 
A rough cut diamond is held with tweezers during processing in the sorting center at OAO Alrosa’s Mir diamond mine in Mirny, Russia (Photographer Andrey Rudakov/Bloomberg)

Angel Broking: Top Stock Picks For December 

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Angel Broking Report

The top stock picks includes a healthcare major, a cement maker, an IT major, BFSI sector, chemical maker and a multiplex chain among others.

Top picks -

Persistent Systems Ltd. has a very strong presence in Hi tech, manufacturing and life science segments which ware amongst the least impacted sectors due to Covid-19.

The company has posted a very strong set of numbers for Q2 FY21 along with strong desl wins.

We expect the company to post revenue/Ebitda/profit after tax growth of 11.6%/21.4%/19.7% between FY20-FY22 given negligible impact of Covid-19 on FY21 numbers, strong deal wins, ramp up of existing projects along with margin expansion.

Click on the attachment for full list of top stock picks:

Angel Broking Top Picks December 2020.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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