Stock recommendations for 25 June from MarketSmith India

Indian equities ended firmly higher on June 25, with the Sensex gaining 791 points (1.04%) to close at 76,991.22 and the Nifty 50 rising 198 points (0.83%) to 24,021.65, while mid and small-caps underperformed. MarketSmith India has recommended buying AU Small Finance Bank at around 1,056-1,072 with a target of 1,190 in 2-3 months, citing its strong retail franchise, healthy profitability metrics, and potential universal bank transition. It has also recommended buying Precision Wires India at around 437-443 with a target of 550, citing its leadership in copper winding wires, capacity expansion, and benefits from power and infrastructure growth.