ICICI Securities

Despite the target price reductions, the brokerage's revised targets imply potential upside of approximately 42% for Vedanta, 41% for Gravita India, 40% for JSW Energy, 14% for United Spirits and 5% for KPIT Technologies, based on the market prices cited in the reports.

Cipla's Q2 FY27 operating performance was in line with its expectation, although the high base of gRevlimid sales last year continued to weigh on reported performance, says the brokerage.

Sona's consistent expansion in its product portfolio, gradual diversification of the customer, geographic mix, and a rising market share in both driveline and the traction motor segment could further support growth, says the brokerage.

Adani has an 18.3GW of operational portfolio and 23GW of UC portfolio, which is largely de-risked with boiler-turbine-generator orders placed for all the capacity, highlights the brokerage.

Coforge's fresh order intake was $1,040 million, up 50.6% QoQ/102% YoY, ahead of the average run-rate of $612 mn and in line with management's $1bn+ indication, adds the brokerage.

Among the three stocks, Aye Finance offers the highest indicated upside at 50%, supported by improving profitability and asset quality, although the brokerage has sharply reduced its target price to account for near-term uncertainties.

Adani Green Energy delivered a good Q2, with revenue rising 40% YoY to Rs 4,140 crore, Ebitda surging 46% to Rs 3,800 crore and PAT at Rs 660 crore, all beating consensus estimates, according to ICICI Securities.

ICICI Securities is constructive on Dark.AI' given Eternal's strong capital deployment track record.

UltraTech's Q2 results have prompted three brokerages out of four, to cut their target prices, even as strong volume growth supported a positive long-term outlook.

The brokerage highlighted that Q2 FY27 print sustained its strong Ebitda uptick, expanding 26% QoQ/83.3% YoY to Rs 40.7 crore.

While Nirmal Bang is the most optimistic among the five brokerages, with a target price of Rs 1,000, Anand Rathi and ICICI Securities have placed greater emphasis on the time required for a sustained post-merger recovery.

The three brokerages, ICICI Securities, IDBI Capital, Systematix remain positive on Axis Bank despite pressure on margins and operating expenses during the September quarter. The private lender reported a 37.6% YoY increase in net profit to Rs 7,003 crore, supported by lower provisions.

ICICI Securities has maintained its Buy ratings on Bajaj Consumer Care and Fedbank Financial Services following their september-quarter earnings, citing healthy business growth and improving profitability.

The brokerage highlighted that Polycab reported another strong quarter with its highest-ever quarterly revenue in Q2 FY27, supported by strong domestic demand, healthy execution, and improving business mix.

Gujarat Fluoro is capable of addressing 70% of the total value requirement for LFP batteries, establishing the company as a critical player in the evolving non-Chinese global supply chain, adds the brokerage.

Azad has spent the past few decades building capabilities alongside capacity and now, it is time for the company to step up its execution phase amid a very strong order book, adds the brokerage.

Brigade retains its guidance for Rs 9,000 crore of FY27 sales bookings, which implies 20% YoY growth; for the remainder of FY27, it aims to launch 9.4msf of residential projects with a potential GDV of Rs 10,000 crore spread across Bengaluru, Chennai and Hyderabad

While Jain Resource Recycling currently trades at a discount to Gravita India on forward price-to-earning, the brokerage expects the company's growth and improving scale to support a gradual re-rating.

Knowledge Realty Trust offers a healthy mix of scale, strong tenant quality and improving operating metrics, believes the brokerage.

While the social media, streaming giants are well tracked, in this report, the brokerage tries to size the opportunity and uncover content consumption trends that are likely to unfold in the future.