Jefferies Refreshes Portfolio: Adds BPCL, SAMIL, Others; Trims IndiGo

• Jefferies refreshed its model portfolio, adding Godrej Properties, BPCL, JSW Energy, AU Small Finance Bank, Axis Bank, and SAMIL.
• The brokerage trimmed exposure to IndiGo, ICICI Bank, NTPC, Tata Steel, and Crompton Consumer.
• AU SFB and Axis Bank were added due to expected strong growth, improving asset quality, and attractive valuations.
• BPCL was included for favorable crude oil trends and reasonable valuations, moving the energy sector view to neutral.
• JSW Energy replaced NTPC, with Jefferies anticipating strong operating profit growth from upcoming capacity additions.

Why It Matters: Jefferies' portfolio changes offer investors new stock picks and insights.