Brokerage View

Shriram Finance share price target: Brokerages now see up to 33 percent further upside in the stock, following MUFG Bank’s landmark Rs 39,600-crore investment for a 20 percent stake in the NBFC.

Eureka Forbes stock jumps 8%, hits record high as brokerages highlight turnaround, multi-engine growth

Eureka Forbes management presented a multi-engine growth strategy spanning water, cleaning, air and softeners, backed by sharper product positioning and greater customer awareness efforts.

Reliance Industries share price hits fresh 52-week high as Jefferies reiterates buy, check target price, upside

Jefferies said that all three of Reliance’s core businesses -- digital services, retail and oil-to-chemicals -- are delivering double-digit growth from the start of FY26. Further, the valuation also presents a favourable risk-reward ratio.

Motilal Oswal initiates coverage on Blue Star with ‘Neutral’ rating; check target price, upside

Blue Star offers profitable growth driven by backward integration and scale, but current valuations already capture much of the near-term upside, said Motilal Oswal in its initiation coverage note.

Bharti Airtel shares jump 2.7% today after Q2 profit beats Street; brokerages bullish on ARPU gain, premium user base

Bharti Airtel Share Price Today: Brokerages shared bullish views with the telecom major's Q2 FY26 showing higher profitability, premium subscriber additions, rising ARPU, and operational momentum across India and Africa.

Axis Bank stock rating - Buy; Analysts positive after Q2 results; check share price targets, upside

Analysts said that Axis Bank’s underlying trends in credit growth and asset quality remain encouraging despite near-term volatility in reported earnings.

Tata Elxsi stock call: Brokerages cautious after weak Q2 results, flag challenges; should you buy, sell or hold

Most brokerages maintained a cautious stance on Tata Elxsi stock post weak Q2 results, citing modest near-term growth and stretched valuations.

Goldman Sachs slashes price target for BSE stock, warns of heating competition

With options trading accounting for nearly 50% of BSE’s revenue, intensifying competition in the segment could pose challenges for the exchange as it strives to expand market share.

Bajaj Auto shares rise 2% after CLSA upgrade to 'outperform' post recent correction

CLSA's upgrade stemmed from the recent correction in the stock combined with growth prospects of Bajaj Auto's electric two-wheeler business.

Divi's Labs remains Citi's top pharma pick, sees 15% more upside

Citi remains bullish over Divi's expanding portfolio in its contrast media business, seeing the company as structurally as well as tactically well-positioned.

Jefferies sees opportunity in Zomato's 'District' app; predicts 17% upside

Jefferies sees new use cases emerging for Zomato's going-out vertical in the coming time, presenting an opportunity for growth for the company.

Prestige Estates drops 5% after Morgan Stanley downgrades rating to 'underweight'

Morgan Stanley's rating downgrade on Prestige Estates was attributed to the company's high IP business capex and weaker pre-sales momentum compared to peers.

UBS Securities downgrades SRF to 'sell', warns of potential negative surprises; stock falls 2%

SRF's ongoing growth challenges, weak agrochemical demand, and soft refrigerant gas prices all contributed to UBS' decision to downgrade the stock.

Citi warns further regulatory delays at Goa facility could erode Cipla's Abraxane opportunity

Abraxane accounts for 6-7 percent of Citi's earnings-per-stock estimates for FY26/27 for Cipla, excluding contributions from Revlimid.

Investec remains bullish on Cipla, forecasts 12-13% growth in India pharma market

Investec emphasised the significant potential Cipla holds in the GLP-1 (Glucagon-like peptide) space, a hormone crucial for regulating blood sugar and energy intake.

NALCO stock hits record high after Kotak Institutional Equities' upgrade to 'add'

Kotak believes that NALCO is well-positioned to capitalise on the current supply tightness in the alumina market, primarily due to its net long position, which provides a favorable boost to aluminum prices.

LTIMindtree rises 3.5% as Street cheers steady Q1 results, positive commentary

While LTIMindtree's management commentary stands to be the most encouraging among IT majors that have released their Q1 earnings so far, concerns over the company's margins continue to irk analysts.

Ambuja Cements surges 3% after Nomura's double upgrade to 'buy'

Nomura cited Ambuja's aggressive capacity expansion, industry leading volume growth and value accretive acquisitions as the drivers behind the upgrade.

Brokerages cautious on SBI Cards stock after mixed Q4 results as margin, cost concerns loom

SBI Card's management anticipates credit costs to remain elevated in the near term, albeit with an expected improvement in the second half of FY25

Brokerages bullish on Nippon Life after strong Q4 earnings; raise share price target

On April 24, Nippon Life reported its highest-ever quarterly profit after tax (PAT) at Rs 343 crore for the January-March quarter, marking a 73 percent jump from the year-ago period

LTIMindtree falls nearly 2% after brokerages slash target price of the stock on disappointing Q4 performance

LTIMindtree's valuations remain premium, and the stock is the most expensive largecap IT stock, along with Tata Consultancy Services, says CITI

Bajaj Auto stellar Q4 show overshadowed by valuation concerns, shares skid 3.5%

While brokerages lauded Bajaj Auto's stellar earnings report for January-March, many maintained a 'sell' rating on the stock, citing target prices significantly lower than the current market value

HDFC Life falls 4% on margin concerns after Q4 results, brokerages lower target price

HDFC Life reported a net profit of Rs 411 crore for the March quarter, up 14.8 percent from the year-ago period

BoFA sees favourable risk reward in Divi's Labs, upgrades stock to 'buy'

BoFA also says the end of destocking cycle and peer commentary suggest bottoming out of margins in the near term for Divi's

Westlife Foodworld comes under Investec coverage with a 'buy' tag, 25% upside

Investec expects Westlife's revenue and profit after tax (PAT) to grow at a compound annual growth rate (CAGR) of 17 percent and 43 percent, respectively, over FY24-26.