JainMatrix Investments – Large Cap Report June 2024

Subscribers and Investors,

JainMatrix Investments, a Research Analyst firm, is pleased to present its latest update of our LC stocks basket. Key points are

  • Introduction: It’s our 11th year of the Large Cap stocks basket
  • This update report is dated 21st June, and the report covers 11 stocks
  • All these firms are Blue Chip, well-known large-cap firms
  • The objective of this basket is that these stocks must outperform the Nifty / Sensex by 2-3% per year
  • The LC stocks have performed excellently over the years
  • Recommendation Changes:
    • In our last report, we had 7 BUYs and 3 HOLDs
    • In this, we introduce a new BUY, upgrade a HOLD to a BUY and downgrade a BUY to a SELL
    • So we now have 8 BUYs and 2 HOLDs as the final stocks recommendations
    • These 8 BUYs represent 8 highly rated sectors, and are high performers within these sectors
  • LC Trends: The trends we notice and capture in our report are:
    • Broad Optimism post General Elections
    • More domestic focus rather than exports
    • Consumption and infrastructure are the main themes.
    • Several sectors are witnessing a cyclical upswing that should be sustained for several years.
  • Based on our research, this detailed LC report includes 1-2 page notes on all these stocks and 2-year Target Prices for May 2026.
  • Current subscribers may note the changes recommended.
  • Investors new to our service may sign up using PRICING AND PAYMENT OPTIONS link, to grow their Direct Equity portfolios.

Disclaimers

This document has been prepared by JainMatrix Investments Bangalore (JM), and is meant for use by the recipient only as information and is not for circulation. This document is not to be reported or copied or made available to others without prior permission of JM. This report should not be considered or taken as an offer to sell or a solicitation to buy or sell any security. The information contained in this report has been obtained from sources that are considered to be reliable. However, JM has not independently verified the accuracy or completeness of the same. Neither JM nor any of its affiliates, its directors or its employees accepts any responsibility of whatsoever nature for the information, statements and opinion given, made available or expressed herein or for any omission therein. Investment in the securities market are subject to market risks. Read all the related documents carefully before investing. The suitability or otherwise of any investments will depend upon the recipient’s particular circumstances and, in case of doubt, advice should be sought from a RIA Registered Investment Advisor. JMI has been an equity investment adviser commercially since Nov 2012, and a SEBI certified and registered since 2016, under SEBI (Research Analysts) Regulations. Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the Research Analyst or provide any assurance of returns to investors. Any questions should be directed to punit.jain@jainmatrix.com. Name of the RA as registered with SEBI – Punit Jain, SEBI Registration No. INH200002747. Logo/brand names are –