Motilal Oswal Financial Services recommends buying Bharat Electronics stock, targeting Rs 360. Bharat Electronics recently reported strong financials for the quarter, driven by a growing order book and revenue growth. The brokerage expects defense ordering to increase, benefiting Bharat Electronics, with revenue growth projected at 19% CAGR over FY24-27, maintaining a BUY rating.

Axis Securities recommends buying CIE Automotive India Ltd. with a target price of Rs 600. The company, with a market cap of Rs 18507.19 crore, reported a net profit of Rs 193.36 crore for the latest quarter. Promoters hold 65.7% stake. The management expects to outperform the Indian industry in the medium term.

Motilal Oswal Financial Services has recommended a buy on Sun Pharma with a target price of Rs 2,280, citing ongoing efforts in product addition, differentiated clinical development, and branded generics. Sun Pharma reported a 9.29% YoY increase in consolidated total income for Q2 2024 and a net profit of Rs 3030.67 crore. Promoters hold 54.48% stake.

HDFC Securities has recommended a reduce call on Hindustan Petroleum Corporation Ltd. with a target price of Rs 340. The current market price is Rs 377.85. Key risks include lower auto-fuel marketing margins, reduced refining margins, and elevated debt levels due to high capital expenditure. Promoters hold 54.9%, FIIs 14.11%, and DIIs 21.56%.

Axis Securities recommends buying Bank of Baroda shares with a target price of Rs 310, indicating potential growth. Currently priced at Rs 248.2, the bank has reported a significant increase in total income and net profit for the latest quarter. Promoters hold a majority stake, and the valuation suggests an upside.

HDFC Securities recommends an add call for Shriram Finance with a target price of Rs 3275. The market price is Rs 3260. Shriram Finance reports a 5.07% increase in total income for the quarter ending 30-09-2024. Net profit is Rs 2149.89 crore. Steady loan growth and credit costs drove the results.

Motilal Oswal Financial Services recommends buying DLF stock with a target price of Rs 988, up from the current Rs 825.25. DLF, a large-cap real estate company, reported a 26.07% income increase last quarter and a 47.71% increase from the same quarter last year. Promoters hold 74.08% stake in the company.

Axis Securities recommends buying Abbott India Ltd. with a target price of Rs 31,420. The pharmaceutical company reported a 24% rise in fourth-quarter profit, driven by strong sales despite pricing caps on certain medicines. Promoters hold a 74.99% stake, and a dividend of Rs 410 per share is declared for fiscal year 2024.

HDFC Securities recommends buying ICICI Bank shares with a target price of Rs 1,370. ICICI Bank showed strong financial performance in the latest quarter and reported a net profit of Rs 12,947.77 crore. The bank growth was driven by business banking, SME, rural and credit card segments, with healthy deposit growth and maintained asset quality.

Motilal Oswal Financial Services recommends buying Godrej Consumer Products with a target price of Rs 1,550. The current market price is Rs 1280.8. Despite margin pressure and slow urban demand, the company’s robust growth strategy and focus on product innovation suggest strong future performance. Promoters hold 63 percent, while FIIs and DIIs own 22.03 percent and 9.59 percent, respectively.

Motilal Oswal Financial Services has issued a neutral rating for Pidilite Industries with a target price of Rs 3,200. Despite a market-leading position in adhesives and a strong brand, high operational expenses limit potential growth. Pidilite reported a total income of Rs 3292.03 crore and a net profit after tax of Rs 541.52 crore for the quarter ending 30-Sep-2024.

HDFC Securities has given an add call on Max Financial Services with a target price of Rs 1,420. The company reported strong APE growth but experienced a decline in VNB margins. HDFC Securities maintains optimistic APE estimates, emphasizing a rising protection mix and a one-time impact due to revised guidelines.

Motilal Oswal Financial Services recommends buying ITC with a target of Rs 575. ITC, a largecap company in the tobacco sector, is showing strong financial growth. Higher returns are expected after the demerger of its hotel business. ITC's stable tax regime and improved capital efficiency suggest sustainable growth and a good dividend yield.

HDFC Securities advises a 'reduce' call on AU Small Finance Bank with a target price of Rs 590, citing elevated credit costs and medium-term RoA pressure despite strong deposit and loan growth. The bank's earnings beat estimates due to stable margins and robust deposit growth, but challenges persist in the unsecured portfolio and microfinance segments.

Motilal Oswal Financial Services recommends buying Dixon Technologies shares, setting a target price of Rs 17,500. Dixon Technologies, operating in the Consumer Durables sector, reported a significant increase in revenue and profit for the quarter ended September 2024. The company's performance was boosted by strong mobile and EMS segment growth and strategic partnerships.

HDFC Securities recommends adding SRF shares with a target price of Rs 2452. SRF is focusing on capex deployment for high-growth specialty chemicals to tap opportunities in the agrochemical and pharmaceutical sectors. The company's financials show a net profit of Rs 201.42 crore for the quarter ended September 2024, with promoters holding a significant stake.

HDFC Securities suggests adding Godrej Properties shares with a target price of Rs 3,000. The current share price is Rs 2929.95. The company has achieved 51% of its FY25 presales target. It reported its best-ever Q2 presales and added six new projects. Strong demand in key markets persists. Promoters hold 58.48% stake.

Motilal Oswal Financial Services maintains a neutral stance on TVS Motor Company, setting a target price of Rs 2,610. The company reported a consolidated total income of Rs 11,333.99 crore for the quarter ended 30-09-2024. Despite recent product launches, TVS Motor's performance, particularly in motorcycles, lags behind the industry. Export outlook remains weak.

Motilal Oswal Financial Services recommends buying SBI Life Insurance, targeting Rs 2,100, up from Rs 1,636.45. Despite a 39% YoY net profit increase to Rs 529 crore in Q2, APE and VNB missed estimates by 11% and 14%. Investment in new products and digital channels is expected to drive growth.

HDFC Securities recommends buying Hindustan Unilever Ltd. with a target price of Rs 3,200. HUL has reported a consolidated total income of Rs 16,145 crore for the quarter ending 30-09-2024. Promoters hold 61.9% stake, FIIs hold 12.17%, and DIIs hold 14.07%. HUL's growth is driven by its strong product segments and rural market presence.