JM Financial Bullish on 5 Stocks: Up to 45% Upside Predicted Post Q3 Results

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Moneycontrol•26-01-2026, 22:24
JM Financial Bullish on 5 Stocks: Up to 45% Upside Predicted Post Q3 Results
- •JM Financial reiterates 'Buy' ratings on 5 stocks across sectors after strong December quarter results.
- •Ujjivan Small Finance Bank: Profits exceeded expectations, NIM improved, asset quality better, focusing on secured loans.
- •Mphasis: Strong deal momentum with BFSI clients, 70% new deals are AI-based, expects better-than-industry growth.
- •Jindal Stainless: Q3 results in line, volume growth, strong balance sheet, Indonesia expansion by FY27.
- •Tata Communications: Revenue in line, data business strong, EBITDA margin improved, large deals reflecting in revenue.
Why It Matters: JM Financial recommends buying 5 stocks, predicting up to 45% upside due to strong Q3 performance and growth plans.
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