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Top 5 Stocks to Buy Now: Adani Power, Jio Financial Services, Tata Power, HCL Technologies | Share Price Target | ET Now

In latest ET NOW Video on 9th Sept here are List of 4 Stocks coveered .I have added points which is covered in these stocks . Investors are constantly seeking high-performing stocks that offer solid growth potential. Today, we analyze four top stocks—Adani Power, Jio Financial Services, Tata Power, and HCL Technologies—and their share price targets based on current market trends.

1. Adani Power

  • Cash Flow and Profitability: Adani Power has shown rising net cash flow and a strong ability to generate cash from operating activities, ensuring liquidity and sustainability.
  • EPS Growth: The company’s annual EPS growth reflects solid performance, with efficient asset management improving its Return on Assets (ROA) for the past two years.
  • Revenue and Profit Margins: Revenue has increased steadily for the past four quarters, and the company has seen growth in net profit with improving profit margins quarter-on-quarter (QoQ).
  • Outlook: With consistent quarterly performance and efficient financial management, Adani Power remains a top contender in the energy sector for investors looking to capitalize on long-term growth.

2. Jio Financial Services

  • Capital Efficiency: Jio Financial Services has effectively used its capital, with Return on Capital Employed (RoCE) improving over the last two years. This reflects the company’s ability to generate profits from its resources.
  • Profit Growth: The company has seen consistent growth in net profits, along with increasing profit margins QoQ for the past two quarters.
  • Debt-Free: Operating with no debt, Jio Financial Services presents an attractive financial profile.
  • Promoter Pledge: The company has no promoter pledge, further boosting investor confidence.
  • Outlook: With a strong financial base and consistent profit growth, Jio Financial Services is poised for further upward momentum.

3. Tata Power

  • Asset Management: Tata Power has been efficiently managing its assets to generate profits, with ROA improving over the last two years.
  • Revenue Growth: The company has recorded increasing revenue every quarter for the past two quarters, demonstrating steady growth.
  • Cash Flow: Strong cash generation from core operations, coupled with improving cash flow over the last two years, signals long-term financial health.
  • Profit and Promoter Pledge: Tata Power has seen annual net profits improve consistently, with zero promoter pledge and increasing institutional shareholding from FIIs/FPIs.
  • Outlook: With its strong operational performance, Tata Power remains a solid investment option in the energy sector.

4. HCL Technologies

  • Momentum and Capital Efficiency: HCL Technologies is showing strong momentum, with its share price above short, medium, and long-term moving averages. The company has effectively used its capital to generate profits, as RoCE has improved in the last two years.
  • Profitability: Return on Equity (ROE) has been improving for the past two years, with growth in both quarterly net profit and profit margins YoY and QoQ.
  • Cash Flow and Debt: The company has low debt and a strong cash-generating ability from core operations, with cash flow improving steadily over the past two years.
  • Outlook: Near its 52-week high, HCL Technologies’ fundamentals make it a solid pick for investors looking for tech sector exposure.

Conclusion: Top 5 Stocks to Buy Now

Based on the strong financial metrics and growth potential of Adani Power, Jio Financial Services, Tata Power, and HCL Technologies, these stocks present promising opportunities for investors. With rising cash flow, improving profit margins, and effective capital management, they have set themselves up for continued success. Keep an eye on these stocks for long-term gains!

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