Share to buy on May 20: stock market experts say Capacite share price to rise 51 pct in 12-month
Share to buy on May 20 is Capacite Infraprojects. The stock is expected to rise 51 per cent in 12-months from Rs 231.5/stocks to Rs 351/stocks level, say experts.
After the announcement of the exit polls 2019, the stock market is expected to react to its outcome. Such a tricky situation may make it difficult for the stock market investors to pick their stock. However, the Dalal Street experts are of the opinion that the exit poll won't have much effect on particular stocks but on the sector and infrastructure is one of them.
When asked about the stock that can be a better pick for the share market investors they said that Capacite Infraprojects can be a better option for the market investors. They say the stock may give around 51 per cent returns on the investment to the traders and it may show Rs 351/stock levels in long-term perspective means around 12-months.
Giving details about the Capacite Infraprojects fundamentals Parikshit D Kandpal, Analyst, HDFC Securities said, "CIL reported 4QFY19 revenue of Rs 5.0bn. EBITDA margins were weak at 13.5% (-293/-30bps YoY/QoQ, 81bps miss) as new projects like Piramal Mahalaxmi, MCGM, BSNL, Oberoi (Goregaon), etc is a large size and yet to reach the profit booking threshold. We model 14.3-14.4% EBIDTA margins (over FY20-21E). Even as the real estate sector is reeling from a liquidity crunch, CIL’s NWC increased marginally from 66 to 71days YoY with CIL keeping a close tab on the receivables. Its stated policy is to stop all work when dues exceed around 2 months."
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On his suggestion to the stock market investors, Parikshit D Kandpal of HDFC Securities said, "From the fundamental perspective, the counter seems poised for an upside swing of around 51 per cent in a long-term perspective and in 12-month time, it can show Rs 351/stock levels." On Friday, Capacite Infraprojects shares closed at Rs 231.5/stocks.
Standing in sync with HDFC Securities view on the Capacite Infraprojects Alok Deora, Vice President at Yes Securities said, "Fundamentals of the Capacite Infraprojects counter suggests an upside momentum for around 35 per cent gains. The Capacite Infraprojects share price may jump up to Rs 305 per stock levels in the 12-month period."
07:31 AM IST