Jefferies top 3 ‘Buy’ recommendations with 20% to 34% upside potential
Jefferies has a positive outlook on new-age and infrastructure companies, such as Pine Labs, Groww, and GMR Airports, with potential for 20-34% growth. Despite a weaker March quarter, Pine Labs has strong cash flows and potential for future revenue growth. Groww is diversifying and aiming to gain market share, while GMR Airports is scaling up and diversifying its revenue sources.