Hot Stocks: Strong earning opportunity from these stocks including HDFC Bank-MCX today

Apollo Tyres

Opinion: Equalweight

Target: ₹425/share

Estimated EBITDA margin of 15.7% and RoCE of 11% in FY2024

Shriram Finance

Opinion: Overweight

Target: ₹2,200/share

Loan growth expected to accelerate by up to 30%

HDFC Bank

Opinion: Overweight

Target: ₹2,110/share

1 year forward EPS at 16x, almost 20% below 15 year average

Morgan Stanley's opinion on MCX

Opinion: Underweight

Target: ₹1,125/share

ADTV to grow by 12% on monthly basis to Rs 58,500 crore in June 2023

Fortis Healthcare

Opinion: Shopping

Target: ₹368/share

Earnings forecast raised to 7%/4% for FY 2024/25F

Tata Communications

Opinion: Shopping

Target: ₹1755/share

Attractive deal at 0.75 times valuation

Aavas Financiers

Opinion: Shopping

Target: ₹1,950/share

Management once again stresses on loan growth of 20-25%

UltraTech Cement

Opinion: Shopping

Target: ₹9,050/share

Gray cement sales up on strong industrial demand