Recommendation from Healthcare and Diamond & Jewellery Sector

Ratin Biswass / 06 Feb 2025/ Categories: DSIJ_Magazine_Web, DSIJMagazine_App, Hot Chips, Hot Chips, Recommendations

Recommendation from Healthcare and Diamond & Jewellery Sector

The scrips in this column have been recommended with a 15-day investment horizon in mind and carry high risk. Therefore, investors are advised to take into account their risk appetite before investing, as fundamentals may or may not back the recommendations.

The scrips in this column have been recommended with a 15-day investment horizon in mind and carry high risk. Therefore, investors are advised to take into account their risk appetite before investing, as fundamentals may or may not back the recommendations.[EasyDNNnews:PaidContentStart]

LAURUS LABS LTD
CMP - ₹612.00
BSE CODE 540222
Volume 2,02,911
Face Value ₹2
Target ₹661 - ₹673
Stoploss ₹569 (CLS)

Laurus Labs is a research-driven pharma and biotech company with global leadership in select APIs, including anti-retroviral, oncology, cardiovascular, and gastro drugs. It also provides integrated CMO and CDMO services, supporting global innovators from clinical development to commercial manufacturing. In the consolidated financial results for Q3FY25, the company reported revenue of Rs 1,415.05 crore, reflecting an increase of 18.4 per cent compared to Q3FY24. In comparison, operating profit also surged by 60.2 per cent to Rs 294.57 crore. Similarly, the net profit jumped by 260 per cent and stood at Rs 90.61 crore in Q3FY25 compared to Q3FY24. Strong CDMO demand and a solid formulation division drive Laurus Labs' growth. CDMO grew 33 per cent in nine months, with expanding high-value small molecules. Upcoming ANDA launches and fermentation capacity expansion by 2026 further support future growth. Hence, we recommend BUY.

D.P. Abhushan Ltd
CMP - ₹1,826.75
BSE CODE 544161
Volume 9,831
Face Value ₹10
Target ₹1,962 - ₹1,998
Stoploss ₹1,690 (CLS)

D. P. Abhushan Limited is engaged in manufacturing, selling, and trading Jewellery and other precious Metals. It is also involved in the power generation business through Windmill. It also has a popular jewellery store in Ratlam (M.P) and three more stores fully operational in Indore, Bhopal & Udaipur. In the consolidated financial results for Q2FY25, the company reported revenue of Rs 1,004.72 crore, reflecting an increase of 83.9 per cent compared to Q2FY24. In comparison, operating profit surged by 73.6 per cent to Rs 38.06 crore. Similarly, the net profit jumped by 88.5 per cent and stood at Rs 25.13 crore in Q2FY25 compared to Q2FY24. Strong gold and diamond jewellery demand in Central India drives growth. Expanding from 8 stores in FY25 to 20 by FY28, targeting MadhyaPradesh, Rajasthan, Chhattisgarh, and Gujarat. Three new showrooms are planned for FY25. Focus on increasing diamond jewellery revenue share from 6 per cent to 15 per cent. Therefore, we recommend BUY.

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