JM Financial has picked three stocks to bet on: CMS Info Systems, OneSource Specialty Pharma, and Vishal Mega Mart. The brokerage house sees as much as 35% upside in one of these stocks. Here’s a detailed analysis of why the brokerage firm picked these stocks. Read below to know more.
JM Financial on CMS Info Systems: Attempt to rebrand and ramp up in non-BFSI businesses
JM Financial maintained its ‘Buy’ rating on CMS Info Systems , with a target price of Rs 465, implying an upside of 25% from current levels. The company is attempting to rebrand itself as a platform, with efforts being directed towards ramping up non-BFSI businesses. Plus, an overhaul of key segments, which will now be classified into ATM managed solutions, retail solutions, and technology and payment solutions.
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