co-presented by
ASSOCIATE SPONSORS
co-presented by
ASSOCIATE SPONSORS
Robust export recovery, improving domestic demand, and strong product pipeline support outlook
Brokerages broadly agreed that Bajaj Auto’s operational momentum remains strong post Q3 results, which fuels medium-term confidence in the stock outlook. But views diverge on how much upside remains at current valuation levels.
Brokerages were split on Nestle India Ltd after its Q3 FY26 results, with analysts balancing strong volume-led growth and aggressive brand investments against near-term margin pressure and expensive valuations. Nomura maintained a Buy with an upside target, CLSA and Jefferies retained Hold ratings.
Q3 performance driven by strong domestic and export volume growth
The three companies had released their results for the October-December quarter of the ongoing financial year 2026 earlier yesterday.
Though core projects lagged, other segments supported the growth momentum
Capacity expansion and export momentum support long-term growth visibility
Record volume, margin expansion drive Q3 performance
Q3 Results: Around 127 companies are announcing their results for the October-December quarter of the ongoing financial year 2026 today.
Asian Paints share price: The shares of the paint-maker dropped to the lowest level since October last year.
Urban Company share price: 'With stepped up investments in building InstaHelp, we expect the consolidated business to remain loss making for the next few quarters,' the company said.
JSW Energy shares dropped to Rs 432.8 apiece, the lowest level seen by the stock since February 19 last year.
The management expects price hikes to sustain, supported by stronger seasonal demand and the reimposition of safeguard duties
Axis Bank stock outlook: Brokerages were largely bullish on the private sector lender, citing improving credit cost visibility, resilient profitability metrics and attractive valuations.
InterGlobe Aviation (IndiGo) reported a sharp fall in Q3 net profit due to implementation of new labour codes and operational disruption. But brokerages said that excluding exceptional items and forex impact, underlying profitability remained healthy.
Motilal sees the risk of Eternal being drawn into a 'dogfight', with lower minimum order values and higher discounts amid intensifying competition.
Brokerages said Dr Reddy's Laboratories Q3 FY26 earnings beat was driven largely by the domestic and emerging markets portfolio, which helped offset weakness in the US.
Brokerages shared bullish views on Eternal (Zomato's) Q3 FY26 results, on the back of a strong quick commerce showing and improving profitability metrics. Analysts' optimistic targets reflect growing confidence in execution, particularly at Blinkit.
LTIMindtree shares tumbled more than 6 percent today, post the IT company's q3 FY26 results. Analysts flagged concerns around margins and near-term earnings visibility despite largely in-line performance.
Wipro share price falls 7 percent today after Q3 FY26 results, reflecting investor concerns over weak guidance despite relatively steady operational performance in fiscal third quarter.
Analysts were bullish on ICICI Bank stock, saying that the earnings miss was largely driven by one-off provisions. Most brokerages focused on steady loan growth, stable margins and improved asset quality, while flagging the CEO’s tenure extension as a key positive.
Brokerages remained largely bullish on HDFC Bank stock after its Q3 FY26 results, citing a modest earnings beat and margin improvement, while continuing to flag deposit growth as the key near-term concern.
While digital and O2C supported margins during the quarter, focused investments in new business initiatives are likely to drive a re-rating in the medium to long term
Portfolio recalibration and large deal wins support medium-term profitability goals
Infosys Q3 FY26 Results Review and Stock Outlook: Bullish brokerages point to improving demand visibility, strong deal momentum and a raised revenue growth outlook. Analysts say there are early signs of recovery in discretionary spending.
