Buy Lemon Tree Hotels, target price Rs 155: HDFC Securities Lemon Tree Hotels Share Price - about 2 hours ago
HDFC Securities has issued a buy call for Lemon Tree Hotels Ltd., setting a target price of Rs 155. Despite a recent dip in occupancy rates, the hotel chain's revenue and EBITDA saw significant year-over-year growth. HDFC Securities predicts strong growth for Lemon Tree Hotels, citing the company's ambitious expansion plans and focus on asset-light growth.
Economic Times

Buy Grasim, target price Rs 3,060: Motilal Oswal Financial Services Grasim Industries Share Price - about 2 hours ago
Motilal Oswal Financial Services maintains a buy call on Grasim Industries, setting a target price of Rs 3,060. They cite a recovery in Grasim's VSF business and anticipate margin improvement in the second half of FY25. The brokerage also highlights the company's growing paints business and its goal to capture a significant market share by FY25.
Economic Times

Buy Glenmark Pharmaceuticals, target price Rs 1,779: Choice Equity BrokingGlenmark Pharmaceuticals Share Price - about 2 hours ago
Choice Equity Broking has issued a buy call for Glenmark Pharmaceuticals, setting a target price of Rs 1,779. The brokerage projects robust growth for the pharmaceutical company, fueled by new product launches and expanding margins. They anticipate a 14.8% revenue CAGR and a 44.7% EBITDA CAGR from FY24-27E. Glenmark recently reported a consolidated total income of Rs 3473.
Economic Times

Buy Suzlon Energy, target price Rs 68: Geojit Financial Services Suzlon Energy Share Price - about 2 hours ago
Geojit Financial Services has issued a buy call for Suzlon Energy, setting a target price of Rs 68. They project a 67% CAGR in WTG deliveries for FY24-27E, driven by anticipated growth in Indian wind installations. Geojit cites attractive valuations, recent order wins, and the acquisition of Renom Energy as key drivers for their positive outlook.
Economic Times

Neutral on Swiggy, target price Rs 475: Motilal Oswal Financial Services Swiggy Share Price - about 3 hours ago
Motilal Oswal Financial Services has given Swiggy a neutral rating with a target price of Rs 475. They believe that Swiggy's food delivery business is stable and will continue to grow. However, they are concerned about the gap between Instamart and Blinkit in the quick commerce space. On mid-mile and last mile variable costs, Instamart is, however, strikingly, better than Blinkit.
Economic Times

Add Grasim Industries, target price Rs 2,731: ICICI Securities Grasim Industries Share Price - 1 day ago
ICICI Securities has upgraded Grasim Industries to an "Add" rating with a raised target price of Rs 2,731. Despite a 45% YoY drop in Q2FY25 EBITDA due to losses in its new paint and e-commerce ventures, the brokerage is optimistic about Grasim's aggressive expansion in the paint sector. Grasim's paint revenue is projected to reach Rs.
Economic Times

Buy PI Industries, target price Rs 5,200: Motilal Oswal Financial Services PI Industries Share Price - 1 day ago
Motilal Oswal Financial Services recommends buying PI Industries stock. They project a target price of Rs 5,200. The company shows promise despite challenges in the global industry. PI Industries is expected to grow steadily. This growth will be driven by new molecules and product launches. The company's pharma division is also expected to expand.
Economic Times

Buy Ashoka Buildcon, target price Rs 302: HDFC Securities Ashoka Buildcon Share Price - 1 day ago
HDFC Securities reaffirms its buy rating for Ashoka Buildcon, raising the target price to Rs 302. The brokerage cites strong revenue projections, asset monetization plans, and margin expansion as key drivers. Ashoka Buildcon, a major infrastructure player, aims for steady revenue in the coming fiscal year. The company's robust financials and strategic initiatives support HDFC Securities' optimistic outlook.
Economic Times

Buy Aartech Solonics, target price Rs 110: ProfitMart Aartech Solonics Share Price - 2 days ago
ProfitMart recommends buying Aartech Solonics stock. The target price is Rs 110, with the current market price at Rs 66.03. The time frame for this target is 12-18 months. Aartech Solonics, a small-cap company, operates in the industrial equipment sector. The company's recent financial performance has been positive. ProfitMart's analysis suggests potential growth in the company's future earnings.
Economic Times

Buy Ambuja Cements, target price Rs 601: Axis Securities Ambuja Cements Share Price - 2 days ago
Axis Securities has issued a buy recommendation for Ambuja Cements stock, projecting a 10% rise to Rs 601 per share. They cite strong infrastructure and housing demand as key growth drivers for the cement sector. Ambuja's strategic positioning, particularly in South India, and cost-saving measures are expected to further bolster its performance.
Economic Times

Sell Eicher Motors, target price Rs 4,000: Motilal Oswal Financial Services Eicher Motors Share Price - 2 days ago
Motilal Oswal Financial Services recommends selling shares of Eicher Motors. They project a target price of Rs 4,000. The brokerage anticipates a 7% volume growth for Retail Exports over the next few years. They expect margins to remain stable. Eicher Motors, a large-cap company, operates in the auto sector. Promoters hold a significant stake in the company.
Economic Times

Buy Samvardhana Motherson International, target price Rs 185: ICICI Securities Samvardhana Motherson International Share Price - 2 days ago
ICICI Securities recommends buying shares of Samvardhana Motherson International. They set a target price of Rs 185. The company's revenue is expected to grow significantly in the coming years. This growth will be driven by new products and expansion into new markets. Despite recent challenges, the long-term outlook for the company remains positive.
Economic Times

Buy HG Infra Engineering, target price Rs 1904: HDFC Securities HG Infra Engineering Share Price - 2 days ago
HDFC Securities maintains a buy call on HG Infra Engineering Ltd., setting a target price of Rs 1904. The company's recent shift to railway projects and potential expansion into the water segment are highlighted. Despite a dip in quarterly income, HG Infra reported a net profit of Rs 80.40 crore, supported by a strong order book and healthy balance sheet.
Economic Times

Hold Blue Dart Express, target price Rs 7,500: ICICI Securities Blue Dart Express Share Price - 2 days ago
ICICI Securities recommends holding Blue Dart Express stock. The target price is Rs 7,500. Blue Dart Express showed mixed results in its recent quarterly performance. The company saw volume growth but margins remained stagnant. ICICI Securities believes the company's planned price increase may impact volume. Investors are advised to watch how the price increase is absorbed by the market.
Economic Times

Buy KNR Constructions, target price Rs 374: HDFC Securities KNR Constructions Share Price - 3 days ago
HDFC Securities maintains a 'buy' rating for KNR Constructions, setting a target price of Rs 374. Despite missing some financial estimates, the company reported strong Q2 earnings and provided a positive revenue outlook for FY25. KNR Constructions plans to secure new orders aggressively, focusing on diverse segments like irrigation and state projects, in addition to its existing HAM portfolio.
Economic Times

Buy ONGC, target price Rs 330: Motilal Oswal Financial Services Oil And Natural Gas Corporation Share Price - 3 days ago
Motilal Oswal Financial Services has issued a buy call for Oil and Natural Gas Corporation (ONGC) stock, projecting a target price of Rs 330. This represents a potential 29% upside from the current market price of Rs 250.9. The brokerage cites ONGC's projected production growth and attractive valuation as reasons for the buy rating.
Economic Times

Reduce Torrent Power, target price Rs 1,500: ICICI Securities Torrent Power Share Price - 3 days ago
ICICI Securities has downgraded Torrent Power to a reduce rating with a target price of Rs 1,500. This comes after the company's profit remained muted due to reduced gas trading profit. Despite this, Torrent Power is looking to expand its distribution business with parallel licenses and has been awarded a 2GW pumped storage project in Maharashtra.
Economic Times

Buy Galaxy Surfactants, target price Rs 3,466: HDFC SecuritiesGalaxy Surfactants Share Price - 3 days ago
HDFC Securities recommends buying Galaxy Surfactants. The target price is Rs 3,466. The current market price is Rs 2,749.55. The recommendation is based on the positive outlook for the home and personal care industry. Demand for premium specialty care products is expected to rebound. Demand in other markets is also expected to continue.
Economic Times

Add Nalco, target price Rs 235: ICICI Securities National Aluminium Company Share Price - 3 days ago
ICICI Securities raises target price for National Aluminium Company to Rs 235. The brokerage upgrades the stock to 'Add'. Nalco benefits from high alumina prices. The company reports strong earnings for the recent quarter. ICICI Securities revises its alumina price estimates upwards. The brokerage has revised the target price to Rs 235 (earlier Rs 145) on an unchanged 5.5x FY26E EBITDA
Economic Times

Buy Mahindra & Mahindra, target price Rs 3,262: LKP Securities Mahindra & Mahindra Share Price - 6 days ago
LKP Securities recommends buying Mahindra & Mahindra shares. They project a price of Rs 3,262 within a year. The current market price is Rs 2814.1. Mahindra & Mahindra, a large company in the auto sector, shows strong performance. LKP Securities expects continued growth, driven by new launches and a strong market position.
Economic Times