Buy Maruti Suzuki, target price Rs 15,250: JM FinancialMaruti Suzuki India Share Price - about 16 hours ago
JM Financial sets a target price of Rs 15,250 for Maruti Suzuki India, currently priced at Rs 11,119.65. The company reported a consolidated total income of Rs 38,972.40 crore and a net profit of Rs 3,055.20 crore in the latest quarter. Maruti Suzuki's strengthened SUV presence and diverse technology approach are expected to drive growth, with strong ASP growth anticipated.
Economic Times

Add Cera Sanitaryware, target price Rs 8,416: ICICI SecuritiesCera Sanitaryware Share Price - about 16 hours ago
ICICI Securities downgraded Cera Sanitaryware's rating to ADD from Buy. The target price is Rs 8,416. The firm's valuation is considered full after a recent stock price rally. Cera Sanitaryware is expected to benefit from the real estate market. The company's faucetware segment is driving growth. Analysts predict strong EBITDA and profit growth.
Economic Times

Neutral on Bajaj Finance, target price Rs 7,500: Motilal Oswal Financial ServicesBajaj Finance Share Price - about 16 hours ago
Motilal Oswal Financial Services maintains a neutral stance on Bajaj Finance with a target price of Rs 7500. Despite attractive valuations, concerns linger over asset quality challenges in the B2C loan book and the need for a higher proportion of secured loans. The company reported strong Q2 FY25 results with net profit of Rs 4010.
Economic Times

Buy Axis Bank, target price Rs 1,425: JM Financial Axis Bank Share Price - about 17 hours ago
JM Financial sets a target price of Rs 1,425 for Axis Bank. The bank's CEO received a 3-year extension. Axis Bank's Q2 FY25 results show loan and deposit growth. JM Financial expects improved performance in the second half of the fiscal year. The brokerage anticipates strong returns and growth for Axis Bank.
Economic Times

Buy Zen Technologies, target price Rs 2,400: Motilal Oswal Financial Services Zen Technologies Share Price - about 17 hours ago
Motilal Oswal reiterates a buy call on Zen Technologies, setting a target price of Rs 2,400. The brokerage projects robust growth with a 67% revenue CAGR for FY24-27, driven by strong order inflow and improved margins. Zen Technologies reported a consolidated total income of Rs 250.31 crore in Q2 FY25, with a net profit of Rs 63.44 crore.
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Add Metropolis Healthcare, target price Rs 2,335: ICICI Securities Metropolis Healthcare Share Price - about 17 hours ago
ICICI Securities maintains an Add rating on Metropolis Healthcare with a raised target price of Rs 2,335. Metropolis is acquiring Core Diagnostics for Rs 2.47 billion, boosting its presence in the oncology market and expanding into North and Eastern India. This acquisition is projected to enhance Metropolis's growth and profitability over the long term.
Economic Times

Buy CAMS, target price Rs 6,000: Motilal Oswal Financial Services Computer Age Management Services Share Price - 1 day ago
Motilal Oswal sets a Rs 6,000 target for CAMS. CAMS reported strong Q2 earnings. Revenue grew by over 32% year-on-year. Profit reached Rs 120.83 crore. The brokerage projects robust growth through FY27. CAMS dominates the mutual fund market. New services will boost non-MF revenue. The stock currently trades around Rs 5,283.
Economic Times

Buy Bajaj Finance, target price Rs 8,500: ICICI SecuritiesBajaj Finance Share Price - 1 day ago
ICICI Securities maintains a buy call on Bajaj Finance with a target price of Rs 8500, up from the current market price of Rs 6968.4. Bajaj Finance aims to expand its market share and customer base significantly by FY29, targeting a Return on Equity of 20-22%. The company recently reported strong quarterly results with increased total income and net profit.
Economic Times

Buy Ceat, target price Rs 3,500: JM Financial Ceat Share Price - 1 day ago
JM Financial has given a buy call for Ceat, setting a target price of Rs 3500. Ceat recently agreed to acquire Camso's off-highway tire business, a move viewed as strategically positive. This acquisition is expected to broaden Ceat's product portfolio and customer base, potentially increasing earnings per share by 5%.
Economic Times

Buy Polyplex Corporation, upside possibility of Rs 1,527-1,585: Axis SecuritiesPolyplex Corporation Share Price - 1 day ago
Axis Securities has given a buy call for Polyplex Corporation, expecting the stock price to rise from the current ₹1468 to ₹1527-1585 within a month. This follows a breakout from an "Inverted Head and Shoulders" pattern, supported by increased trading volume and a positive RSI indicator. The company recently reported strong quarterly results with a net profit of ₹164.11 crore.
Economic Times

Buy UTI AMC., target price Rs 1,600: Motilal Oswal Financial Services UTI Asset Management Company Share Price - 1 day ago
Motilal Oswal sets a target price of Rs 1600 for UTI AMC. UTI AMC's stock is currently priced at Rs 1366. The brokerage anticipates strong growth for UTI AMC. They project a 20% CAGR for AUM. Revenue and core PAT are expected to grow by 18% and 29% respectively. This growth is predicted for the fiscal years 2024-2027.
Economic Times

Buy CarTrade Tech, target price Rs 1,655: JM Financial CarTrade Tech Share Price - 3 days ago
JM Financial has raised its target price for CarTrade Tech to Rs 1655. The brokerage maintains a buy rating. CarTrade Tech reported strong Q2 results and provided positive growth guidance. The company expects 30% year-on-year growth in its consumer group. It also anticipates 25-30% sequential growth in profit after tax.
Economic Times

Buy HDFC AMC, target price Rs 5,200: Motilal Oswal Financial ServicesHDFC Asset Management Company Share Price - 3 days ago
Motilal Oswal recommends buying HDFC Asset Management Company, setting a target price of Rs 5,200. The firm anticipates strong growth, driven by fund performance and expanding distribution channels. With a projected FY24-27 CAGR of 23% for AUM, revenue, and core PAT, the stock currently trades at a FY26E P/E of 32x.
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Buy Dhanuka Agritech, target price Rs 1,760: Axis Securities Dhanuka Agritech Share Price - 3 days ago
Axis Securities has given a buy call for Dhanuka Agritech, setting a target price of Rs 1,760. The company reported strong Q2 earnings with a 32.83% quarter-on-quarter rise in total income. While Dhanuka Agritech lowered its FY25 revenue growth guidance, it increased its margin guidance. The positive outlook is driven by a favourable product mix and a strong Rabi season.
Economic Times

Buy Godrej Consumer, target price Rs 1,415: JM Financial Godrej Consumer Products Share Price - 3 days ago
JM Financial retains its buy rating for Godrej Consumer Products, targeting Rs 1415. The company's Q3 performance was below expectations. India business volumes remained flat. Soap sales declined, and household insecticide growth slowed. Margins are also expected to be lower. JM Financial reduced earnings estimates. The brokerage believes current issues are temporary. They expect improvements in the medium term.
Economic Times

Buy Ceat, target price Rs 3450: Motilal Oswal Financial Services Ceat Share Price - 3 days ago
Motilal Oswal recommends buying Ceat stock, targeting a price of Rs 3450. The tyre manufacturer's recent quarterly results show increased income and profits. Ceat's strategy focuses on expanding in two-wheeler, passenger vehicle, and off-highway tyre segments. While this move may increase the company's debt, analysts see growth potential. Current shareholding shows promoter, FII, and DII stakes.
Economic Times

JM Financial initiates coverage, has a buy rating on Juniper Hotels, target price Rs 450Juniper Hotels Share Price - 4 days ago
JM Financial initiates coverage on Juniper Hotels with a buy rating and a target price of Rs 450. The hotel chain, operating 2,115 keys across 8 properties, plans to add 1,000+ rooms in 3 years. JM Financial projects 15% revenue CAGR and 20% EBITDA CAGR over FY24-27E, with EBITDA margins reaching 43% by FY27E.
Economic Times

Buy PCBL, target price Rs 524: HDFC SecuritiesPCBL Share Price - 4 days ago
HDFC Securities has given a buy call for PCBL Ltd. with a target price of Rs 524 to Rs 559 over the next 2-3 quarters. PCBL's Q2 FY25 results showed increased total income and profits. The brokerage expects strong revenue growth driven by exports, specialty carbon black, and expansion in the battery chemical segment.
Economic Times

Buy HAL, target price Rs 4,950: Anand Rathi Hindustan Aeronautics Share Price - 4 days ago
Anand Rathi sets a 'buy' call for Hindustan Aeronautics Ltd (HAL) stock, projecting a rise to Rs 4950 from the current Rs 4618.8 within the next quarter. They advise a stop-loss at Rs 4200. HAL reported increased total income and net profit in the recent quarter, with promoters holding a significant stake.
Economic Times

Buy Reliance Industries, target price Rs 1,580: Motilal Oswal Financial Services Reliance Industries Share Price - 4 days ago
Motilal Oswal maintains a buy rating for Reliance Industries, setting a target price of Rs 1580. They project a 10% CAGR in consolidated EBITDA and PAT over FY24-27, driven by growth in Jio and Retail. The brokerage anticipates FCF generation and debt reduction, valuing Reliance Retail at Rs 10 trillion and Jio at Rs 11.6 trillion.
Economic Times