Brokerage house has given profit target on 3 shares cheaper than Rs 100…
highlights
- The brokerage house has placed bets on 3 stocks cheaper than Rs 100.
- This includes Aditya Birla Fashion & Retail, Suzlon Energy and Restaurant Brands Asia.
- The brokerage has targeted upside of 9 percent to 40 percent on all these stocks.
If you are looking for a way to earn money in the share market by entering low priced shares instead of big stocks, then there is good news for you. Brokerage firms Motilal Oswal, JM Financial and ICICI Securities have bet on profit ranging from 9 percent to 40 percent on 3 such shares, whose current price is less than Rs 100. This includes everything from energy stocks to restaurant and apparel brands. The 3 stocks on which the brokerage house has given upside target include Aditya Birla Fashion & Retail, Suzlon Energy and Restaurant Brands Asia. Let’s understand the brokerage’s full view on all this.
Aditya Birla Fashion & Retail
Brokerage house Motilal Oswal has currently maintained neutral rating on Aditya Birla Fashion & Retail (ABFRL) and has given its target price at Rs 75. Compared to the current price of Rs 68.73, there is limited upside of about 9 percent, but long-term investors cannot ignore it.
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The company’s third quarter (Q3FY26) performance was mixed. Pantaloons’ revenue declined nearly 2 percent year-on-year, while margins also declined to 18.3 percent. The main reasons for this were the shift of the festive season and losses related to some new businesses. However, the brokerage believes that in the coming times, losses in new ventures like TMRW will start reducing after reaching the peak. In this expectation, the EBITDA estimate for FY26-27 has been increased by 5-7 percent. It is estimated that the company’s revenue may grow at a CAGR of 13 percent and EBITDA at 18 percent between FY25 to FY28, although the company is likely to remain in loss during this period.
ICICI Securities looks bullish on Suzlon Energy. The brokerage has maintained BUY rating on it and has given a new target price of Rs 65 as against the earlier Rs 76. However, this is also an upside target of about 35 percent from the current price. The company’s order inflow has been tremendous in the last two years, due to which its order book has increased to 6.4 GW by January 2026.
In the first 10 months of FY26 alone, Suzlon has received new orders worth about 3 GW. Due to strong order book and operational capacity of 4.5 GW, the company has also accelerated deliveries. Wind turbine delivery has increased by 66 percent to 1.6 GW in 9 months. There was also a tremendous jump in revenue, EBITDA and profits in the third quarter. The management has maintained the guidance given for delivery of about 2.5 GW in FY26. The brokerage is confident that demand in the wind energy sector will remain strong for the next 2–3 years.
JM Financial has also given BUY rating on Restaurant Brands Asia (RBA), which runs brands like Burger King and Popeyes, and has set its target price at Rs 88. This is a profit target of 40 percent from the current price. The company’s business in India looks strong. Revenue grew 17 percent in the third quarter, while same store sales growth (SSSG) stood at 4.5 percent.
The company added 44 new stores in the quarter and has recorded positive SSSG for four consecutive quarters. Good performance has been seen in markets like South India, Punjab and UP. Margins have also improved rapidly and EBITDA margin has reached 16.6 percent. The brokerage believes that there is scope for further profit improvement due to improvements in supply chain, lower discounting and operating leverage. For this reason, EBITDA estimates for FY26–28 have been increased.
Disclaimer: This article is for informational purposes only and should not be construed as investment advice in any way. ET NOW Swadesh recommends its readers and viewers to consult their financial advisors before taking any money-related decisions.
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