JM Financial Recommends 5 Stocks for Strong Returns: Up to 44.6% Rally Expected

• JM Financial has issued 'Buy' ratings on five stocks: Ujjivan Small Finance Bank, Mphasis, Jindal Stainless, Baazar Style Retail, and Tata Communications.
• Ujjivan Small Finance Bank is projected for a 15.3% rise, driven by strong Q3 profits and a shift towards safer loans.
• Mphasis could see a 20.5% jump, securing large BFSI deals with 70% of new deals based on AI, ensuring future growth.
• Jindal Stainless is expected to rise by 20.7% due to satisfactory Q3 results, increased sales volume, and a strong balance sheet.
• Baazar Style Retail is forecast for a 21.1% increase, backed by aggressive expansion plans and 38 new stores added this fiscal year; Tata Communications has the highest potential with a 44.6% rise, fueled by strong data business and improved EBITDA margins.

Why It Matters: JM Financial recommends five stocks with strong fundamentals and growth potential, expecting significant rallies.