Midcap Momentum Watch: JK Lakshmi Cement, Federal Bank, And Authum On SEBI RA’s Buy Radar

SEBI-registered analysts are betting on momentum in three mid-cap stocks: JK Lakshmi Cement, Federal Bank, and Authum Investments, as their technical charts indicate breakout potential in the near term. All three stocks have posted double-digit gains so far in 2025.

Let’s take a look at the analysts’ recommendations: 

JK Lakshmi Cement

The shares of JK Lakshmi Cement have rallied over 20% in the last one month. Analyst Ashok Kumar Aggarwal noted that the stock’s Relative Strength Index (RSI) is above 60, and it is trading above all moving averages on all time frame charts. This indicates strength, a positive trend, and momentum in JK Lakshmi Cements. The stock has broken out in the daily chart frame & is likely to do so on the weekly time frame as well, he said. 

Aggarwal recommends a shirt to medium-term buy on the stock between ₹960 and ₹982, with a stop-loss of ₹860. He has set the price targets at ₹1,140-₹1,400.

JK Lakshmi Cement, a part of the JK Group, is a manufacturer and supplier of cement and related products in various states in India, with a return on capital employed (ROCE) of 10.4%, a return on equity (ROE) of 8.99%, and a trading PE of 37.8. 

JK Lakshmi Cement shares have gained 17% year-to-date (YTD).

Federal Bank 

Analyst Sunil Kotak has flagged Federal Bank for a breakout alert above ₹220 on its weekly chart. 

The stock’s RSI stands above 60, indicating strength. Other technical indicators are also positive for the stock. He pegged key support levels at ₹208 and ₹210, and remains bullish above these levels.

Federal Bank shares have gained 19% year-to-date (YTD).

Authum Investment

Analyst Amit Bhattacharjee is bullish on Authum Investments and recommends a buy above ₹2,650, with a stop-loss at ₹2,570. He has set two targets at ₹2,720 and ₹2,830 with a three-month duration. 

Authum Investment shares have gained 36% year-to-date (YTD).

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