HDFC Securites highlights that recent key launches by Prestige Estates, Oberoi Realty, Sobha etc have seen strong expression of interest collections and conversions, a further sign of underlying demand resilience for branded developers, which shalltranslate into healthy presales bookings during Q1.
IT Sector Q1 Results Preview: According to HDFC Securities, among large-cap firms, Infosys and Tech Mahindra are likely to emerge as the strongest performers, with projected constant-currency growth of 1.5% and 1.1%, respectively.
L&T Tech has built a strong leadership position in AI-led engineering services, supported by over 250 AI patent filings, which is an estimated six-to-nine-month lead over peers, adds the brokerage.
Aether Industries' all three business segments will drive growth for the company with more skew towards contract, exclusive manufacturing and contract research and manufacturing services.
Dalmia Bharat estimates industry to deliver 6-7% YoY growth in Q1 FY28 and the company is hopeful at least meeting the industry growth.
Despite the positive outlook, the brokerage noted that the stock trades at a premium valuation compared to peers, which may cap upside in the near term.
HDFC Securities believes the acquisition will help Aurobindo expand its US manufacturing footprint, diversify its product portfolio, and gain access to additional channels such as government business through local manufacturing capabilities.
Despite the improving outlook, the brokerage remains cautious on Bajaj Electricals, emphasising that execution of turnaround strategies will be the key monitorable for investors.
The shares of Waterways Leisure are scheduled to list on the BSE and NSE on July 1.
The brokerage continues to expect low double-digit growth, with potential acceleration once the current churn issues are resolved.
While acknowledging the positive medium-term outlook, HDFC Securities believes that current valuations remain elevated, prompting it to retain its Reduce' stance despite the target price revision.
The brokerage continues to like JK Cement for its robust volume and margin performance and estimates the company to deliver 12/21% volume/Ebitda CAGRs during FY26-28E, which should help sustain its healthy return ratios.
HDFC Securitie, in its latest Q4 results review, has shared a mixed outlook on Vinati Organics, Astra Microwave, and Sudarshan Chemicals, with divergent rating actions driven by company-specific growth visibility, execution trends, and valuation comfort.
HDFC Securities has shared its latest Q4 results review across key sectors, highlighting a mixed outlook for companies including Siemens, Ashok Leyland, Alkem Labs, and Bharat Dynamics, ONGC with varying rating actions, target price revisions, and outlook commentary.
HDFC Securities, in its latest Q4 results review, has shared a mixed outlook across a wide set of stocks including Amber Enterprises, Deepak Nitrite, KEC, Balaji Amines, Greenpanel, Neogen, Symphony with clear stock-specific calls spanning Buy, Add and Reduce ratings along with revised target prices.
Brokerage firm HDFC Securities has shared its Q4 review across key companies, highlighting a mixed earnings performance. While companies like Syrma and Berger Paints delivered strong growth, others including Dr. Reddy's and Dixon faced pressure on margins and demand outlook.
HDFC Securities, in its latest Q4 FY26 results review, has shared a mixed outlook on Indian Hotels, MCX, Oberoi Realty, Sonata Software, Birla Corpwith clear stock-specific calls spanning Buy, Add and Reduce ratings along with revised target prices.
The brokerage also highlighted that although food delivery KPIs show consistent improvement, the gap in performance between Instamart and Blinkit is becoming increasingly apparent.
HDFC Securities, in its latest Q4 FY26 results review, has shared a mixed outlook across a wide set of stocks including BSE, Bharat Forge, Karur Vyaya, Aditya Birla Real Estate, and more with clear stock-specific calls spanning Buy, Add and Reduce ratings along with revised target prices.
Overall, HDFC Securities prefers Bajaj Auto, Hero MotoCorp, PB Fintech and Birlasoft as top picks, while advising a selective and cautious approach in other stocks amid cost pressures and macro uncertainties.
