Stocks under ₹300 with strong management guidance for FY25 to keep on your radar 

Management guidance refers to a company’s forecast or projection of its expected performance for a specific future period. With strong management guidance for FY25, certain companies are expected to experience significant growth, driven by strategic initiatives and favorable market conditions. This makes them attractive for investors looking for potential opportunities. 

Here are three such financially strong stocks under Rs.300 with growth guidance: 

1. Ashok Leyland Ltd 

Ashok Leyland is the second-largest manufacturer of commercial vehicles in India and the fourth-largest manufacturer of buses globally. It is a flagship of the Hinduja group and has a long-standing presence in the domestic medium and heavy commercial vehicle (M&HCV) segment. 

For FY25, Ashok Leyland has allocated a capital expenditure (capex) budget of Rs.750 crores. Additionally, the management anticipates investing between Rs.500 crores and Rs.700 crores in its subsidiaries during the same period. 

Ashok Leyland’s domestic MHCV(Medium Heavy Commercial Vehicles) volume grew by 8 percent year-on-year, with the company holding a 30.7 percent market share. 

With a market capitalization of Rs.67,570 crore, the share price of Ashok Leyland Ltd is currently trading at Rs.231.50 per share on Monday, 0.18 percent lower from its previous close. 

In its recent financial updates, the company reported a 2.5 percent decrease in revenue to Rs.11,148 crore compared to the same quarter last year, while net profits surged 35 percent to Rs.767 crore. 

2. Valor Estate Ltd 

Valor Estates, formerly DB Realty, is an Indian real estate developer established in 2007. The company specializes in residential, commercial, and gated community projects, having developed over 100 million square feet across 35 projects, mainly in Mumbai, and serving nearly 20,000 customers. 

Valor Estate Ltd anticipates a revenue potential exceeding Rs.28,000 crore over the next 5-8 years, driven by its ongoing, upcoming, and planned residential projects. 

Additionally, the company expects to generate annuity revenue of approximately Rs.1,790 crore from its commercial assets by FY30, reflecting its strong growth trajectory and strategic expansion in both residential and commercial sectors. 

With a market capitalization of Rs.67,570 crore, the share price of Valor Estate Ltd is currently trading at Rs.171.91 per share on Monday, 0.2 percent higher from its previous close.

In its recent financial updates, the company reported a 2.5 percent decrease in revenue to Rs.79 crore compared to the same quarter last year, while net profits turned to losses of Rs.111 crore. 

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3. Oil and Natural Gas Corporation Ltd 

The Oil and Natural Gas Corporation (ONGC) is India’s leading public sector enterprise in the oil and gas industry, accounting for about 71 percent of the nation’s crude oil production and 84 percent of its natural gas production. Operating under the Ministry of Petroleum and Natural Gas, ONGC plays a crucial role in ensuring India’s energy security. 

The management of ONGC has provided a positive outlook for the company’s performance in FY25 and the coming years. For FY25, the revenue is expected to range between Rs.33,000 crore and Rs.35,000 crore. 

Looking ahead, ONGC plans to achieve a 20 percent growth in total production over the next three years, increasing from 39.45 MMtoe to approximately 47 MMtoe by FY27. This growth will be driven by a 12 percent increase in oil production, expected to rise from 19.5 MMT to 22 MMT, and a 27 percent increase in gas production, which will grow from 20 BCM to around 25.5 BCM. 

With a market capitalization of Rs.3.2 lakh crore, ONGC’s share price closed is currently trading at Rs.253.85 per share on Monday, 0.16 percent lower than its previous close. 

In its recent financial updates, the company reported a 7.3 percent decrease in revenue to Rs.1,58,329 crore compared to the same quarter last year, while net profits reduced 39 percent to Rs.9,878 crore. 

Written by – Siddesh S Raskar 

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