Scrip, CMP, Target Price and Reason for the pick as highlighted by IIFL
ITC 204 232 Improved profitability; cigarette business resilient
GCPL 404 486 Emerging-market play; successful acquisition integration
Lupin 467 520 Distinct business model; improving profitability
Sun Phar 487 580 Steady growth ahead; leadership to continue
TCS 1,048 1,180 Consistent performer; strong operational mgmt
HCL Tech 412 500 Strong deal wins; volume led growth to continue
ICICI Bk 870 1,135 Structurally improved profile; attractive valuation
HDFC Bk 487 575 Most robust bank; a ‘Safe Haven’ in tough macro
M&M 801 900 Ssangyong to add value; domestic leadership continues
Hero Moto 2,052 2,350 Market leadership to continue; margin expansion
Hindalco 122 185 Novelis earnings resilient; Aluminium volumes to surge
