The brokerage believes the target valuation appears reasonable compared to global digital engineering peers, considering Nagarro's strong European franchise, diversified client base, and complementary capabilities in AI, SAP, and enterprise applications.
SBI continues to offer an attractive investment opportunity, backed by compelling valuations and strong earnings visibility, according to Axis Securities.
Eternal has the highest upside at around 43-44%, led by strong traction in quick commerce and food delivery segments.
Manappuram's Q4 AUM growth was exceptional, driven by robust gold loan growth of 31% QoQ, led by 20% increase in gold prices during the quarter and healthy tonnage growth.
While this development will be sentimentally negative and will weigh on the stock price, the brokerage believes this is a good accumulation opportunity.
Axis Securities projects moderate growth for Indian IT Services and telecom sector; sees currency tailwinds to offer earning cushion.
Axis Securities predicts a strong quarter for BFSI sector, driven by healthy credit growth, but cautious undertones persist amid funding pressures and geopolitical risks.
Axis Securities has refreshed its top picks by adding Kotak Bank, Eternal and Nestle India while exiting Mahanagar Gas, HDFC Bank and Prestige Estate Projects.
Stocks in focus include Tech Mahindra, HCLTech, Persistent Systems and more.
Axis Securities' presents high-conviction top stock ideas for strong returns in February 2026, eyes upto 56% upside.
With improving demand conditions, disciplined underwriting and stabilising credit costs, Cholamandalam is well positioned to deliver sustainable AUM growth, says the brokerage.
JSW Energy's installed capacity grew by 125 MW in Q3, led by organic RE capacity additions, including hybrid projects.
Axis Securities’ presents high-conviction top stock ideas for strong returns in January 2026, eyes upto 54% upside.
Cement Q3 Preview: Axis Securities remains positive on UltraTech Cement, JK Lakshmi Cement as structural plays on India’s infrastructure growth.
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The merger of ACC and Orient Cement with Ambuja Cement is expected to enhance operating efficiency, adds the brokerage.
Axis Securities’ presents high-conviction top stock ideas for strong returns in December 2025.
Axis Securities initiates coverage on Elecon Engineering implying an upside of 27% from the current market price, check details.
The healthcare space continues to outperform and pharma sector impacted by US generics in Q2, adds the brokerage.
In Q2 FY26, Axis Securities' coverage universe reported pre-sales growth of ~14% YoY, amounting to ~Rs 10,100 crore.
Going ahead, DCB Bank will focus on mobilizing deposits at an optimal cost to narrow the cap in CoD between peer banks by at least another 10bps.