Written by
Investment Point
Investment Point research desk
Fund Houses Recommendations
- BofA on United Spirits: Maintain Buy on Company, target price at Rs 1630/Sh (Positive)
- MS on Indusind Bank: Upgrade to Equal weight on Bank, raise target price at Rs 785/Sh (Positive)
- JP Morgan on Pidilite: Maintain Overweight on Company, target price at Rs 1700/Sh (Positive)
- JP Morgan on VMM: Maintain Overweight on Company, target price at Rs 158/Sh (Positive)
- JP Morgan on Marico: Maintain Overweight on Company, target price at Rs 800/Sh (Positive)
- Nuvama on JSPL: Maintain Buy on Company, target price at Rs 1426/Sh (Positive)
- MS on JSW Steel: Maintain Overweight on Company, target price at Rs 1300/Sh (Positive)
- Jefferies on HUL: Maintain Buy on Company, target price at Rs 3000/Sh (Positive)
- MS on Oil Marketing PSUs: Meeting with Hon'ble Minister of Petroleum and Natural Gas. Government focus on improving market caps for energy SOEs was clear. Stable fuel pricing; cooking gas in recovery: (Positive)
- MS on India Strategy: Positive – underperformance, better relative valuations, weak FPI positioning, shorts in the derivatives market, and improving growth momentum (Positive)
- MS on IT Sector: Expect Infosys to move from 1-3% to 2.5%-3% YoY in cc terms for FY26 (Neutral)
- MS on Paint Sector: Breadth of product availability continues to improve for Birla Opus (Neutral)
- HSBC on Pharma Sector: US administration announces 100% tariff on imports of patented drugs from 1 Oct, unless firms build plants locally. Among Indian companies, only Sun Pharma has sizeable sales from patented drugs in the US (c17% of FY25 revenue) (Neutral)
- CLSA on Steel Sector: Indian steel stocks have defied expectations by outperforming broader index over past year, despite consistent earnings downgrades. While structural caution remains, despite elevated valuations, immediate downside catalysts seem limited. (Neutral)
- CLSA on PayTM: Maintain Underperform on Company, target price at Rs 920/Sh (Neutral)
- CLSA on SBI Cards: Maintain Underperform on Company, target price at Rs 800/Sh (Neutral)
- MS on HUL: Maintain Equal weight on Company, target price at Rs 2335/Sh (Neutral)
- BofA on HUL: Maintain Neutral on Company, target price at Rs 2840/Sh (Neutral)
- BofA on Delhivery: Maintain Neutral on Company, target price at Rs 500/Sh (Neutral)
Warm Regards...
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The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read and agree Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in
Disclaimer :
Investments in the securities market are subject to market risks. All content and Index / securities mentioned are strictly for educational and journalistic purposes and do not constitute personalized buy, sell, or hold investment recommendations, Please read all related documents and full disclosures at nikhilbhatt.in before investing.
