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Check out the top stock calls, initiations, upgrades, downgrades, and target price revisions from leading brokerages ahead of today's trade.
Indian Olympic Association (IOA) president PT Usha and five Olympic medallists are among 27 former athletes in the fray for election to the eight Sportspersons of Merit (SOMs) positions, which will make them members of the General Assembly of the national Olympic body.
Based on the share prices cited in the reports, Godrej Consumer Products offers the highest target-implied upside of approximately 25%, followed by Coal India at 14% and United Spirits at 7%.
The brokerage expects revenues to clock a compound annual growth rate of 62% over FY26FY28E, driven by store additions, improved operations and continued network scale-up.
Despite continued near-term headwinds from the Middle East airspace disruptions, high fuel costs, and INR depreciation, domestic brokerage firm Motilal Oswal remained confident in IndiGo's growth strategy, anchored by India's strong domestic demand base and steadily expanding international network.
Systematix remains constructive on the cement major, supported by its capacity expansion pipeline, continued focus on profitable growth and structural cost reduction initiatives.
Based on the market prices in the report, PNC Infratech offers the highest target-implied upside of up to 75%, followed by Ambuja Cements at 55% and Symphony at 54%.
Check out the top stock calls, initiations, upgrades, downgrades, and target price revisions from leading brokerages ahead of today's trade.
Despite the target price reductions, the brokerage's revised targets imply potential upside of approximately 42% for Vedanta, 41% for Gravita India, 40% for JSW Energy, 14% for United Spirits and 5% for KPIT Technologies, based on the market prices cited in the reports.
Motilal Oswal believes Meesho's asset-light model with negative working capital and improving unit economics makes for a unique combination of a scaled platform business with a long runway for growth and potential margin inflection.
The brokerage sees the SMART Cinema pilot as strategically important for PVR-INOX with 2530% lower capex, about 25% ower operating cost, and Rs 190 average ticket pricing create a credible format for underpenetrated tier-3/4 markets.
The company aims to raise Rs 183.1 crore through a fresh issue of about 2.23 crore equity shares. There is no offer-for-sale component, meaning the entire issue proceeds will go to the company.
Based on the share prices cited in this report, MedPlus Health Services offers the highest target-implied upside of up to 44%, followed by Route Mobile at 40% and Tanla Platforms at 36%.
Adani Ports raised its FY27 revenue guidance by Rs 1,000 crore to Rs 44,000-46,000 crore and Ebitda guidance by Rs 1,000 crore to Rs 26,000-27,000 crore.
Motilal Oswal expects Q2 outperformance to continue, given its healthy new launch pipeline, which in turn is likely to help sustain TVS Motor's premium valuations.
HUL has seen a de-rating 20% correction in the last six months, given the uncertainty around the growth outlook amid possible macro challenges.
Check out the top stock calls, initiations, upgrades, downgrades, and target price revisions from leading brokerages ahead of today's trade.
The fintech continues to make healthy progress toward sustainable profitability and improving operating leverage, even while gross merchandise value was flat QoQ owing to festive season getting pushed to Q3, says the brokerage.
Cipla's Q2 FY27 operating performance was in line with its expectation, although the high base of gRevlimid sales last year continued to weigh on reported performance, says the brokerage.
HDFC Securities has reviewed the quarterly performance of seven companies across infrastructure, insurance, financial services, defence, cement, chemicals and technology, assessing their earnings, growth outlook and valuations.
With a prospect pipeline of Rs 10 trillion, L&T's historical win rate of more than 20% and H1 FY27 inflows at Rs 2.1 trillion, the brokerage believes that L&T is rightly positioned to meet its inflow target of Rs 3.9-4 trillion for FY27.
The brokerage expects the auto major to sustain its outperformance in FY27, aided by a healthy launch pipeline, recovery in domestic passenger vehicle demand, lean channel inventory, and capacity ramp-up at its two new facilities.
SBI Life's Q2 new business margin benefited from the favorable product mix, rising rider attachment rates, and strong business volumes, adds the brokerage.
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