The geopolitical backdrop continues to provide a structural tailwind for the Indian defence stocks, as the conflict in the Middle East has reinforced defence budget urgency across GCCs, adds the brokerage.
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The geopolitical backdrop continues to provide a structural tailwind for the Indian defence stocks, as the conflict in the Middle East has reinforced defence budget urgency across GCCs, adds the brokerage.
Despite a leadership change of Mr. Sanjeev Nautiyal, incumbent MD, who has requested an early retirement due to health concerns, Ujjivan Small Finance Bank remains confident of meeting its FY27 guidance.
While Sun Pharma's specialty portfolio is now safeguarded from tariffs, the same safeguard must be extended to Organon post-acquisition, adds the brokerage.
August wholesales data: The two-wheeler, passenger vehicle segment reported double-digit growth YoY, aided by robust exports momentum and healthy domestic demand, strong traction across domestic passenger cars, utility vehicles and low channel inventory.
Archean is in the advance stages of starting construction on its SiC semiconductor facility and it has partnered with multiple ecosystem players to support its ramp-up, and the company will be the sole player with SiC fabrication and ATMP facility in India.
Entero has rapidly established its presence in the fragmented pharmaceutical product distribution market in India and, within a span of eight years, has ranked among the top three distributors of healthcare products in India, adds the brokerage.
The brokerage believes the recent and future M&A could, provide a meaningful upside to Metropolis' growth, particularly in expanding reach in existing geographies, enhancement of new technology and test menu and potential foray into unexplored regions across India.
Oil India continues to build momentum across both core upstream as well as downstream segments, adds the brokerage.
Voltas delivered a strong Q1 performance, led by robust RAC demand with further strengthening its market leadership, highlights the brokerage.
Based on the brokerage's cited market prices, IndiQube offers the highest potential upside at 42%, followed by VA Tech Wabag at 28%.
ICICI Securities believes the stronger growth trajectory and improving profitability justify Honasa's higher earnings estimates and valuation.
Akums Drugs, CDSL, Ceigall and Power Mech have received fresh brokerage commentary from ICICI Securities following their June-quarter earnings, with the brokerage taking sharply different views across the four stocks.
The brokerage flagged persistent weakness in advertising revenue and an earnings miss as key concerns, even as subscription revenue remained strong and ZEE5 delivered another profitable quarter.
Titan Company, Fortis Healthcare, Hindalco Industries, Blue Star and Ramco Cements are in focus following their Q1 FY27 earnings, with ICICI Securities taking a differentiated view across the five stocks.
Cera, GE Vernova T&D India, Power Grid, Power Finance are among the stocks in focus after Motilal Oswal reviewed their June-quarter performance, with the brokerage highlighting strong execution, healthy order visibility and long-term growth opportunities across building materials and power infrastructure.
Revenue surged 69% YoY, profit more than doubled and order inflows exceeded expectations, prompting ICICI Securities to upgrade the stock to 'Buy'
The report highlighted that Delhivery continues to gain market share across key segments while benefiting from increasing outsourcing by e-commerce companies and new customer acquisitions.
Cohance's lower utilisation at manufacturing plants, higher overheads and continued losses at NJ bio resulted in exceptionally weak margin, adds the brokerage.
Given that DAC approvals of Rs 52,000 crore, were at an all-time high in FY26, the brokerage expects the order awarding momentum to pick up in FY27/28, especially in aerospace, missiles, electronic warfare and drone defence-offence side.
DOMS Industries, Inox India and United Breweries, Orkla India are likely to remain in focus after ICICI Securities reviewed their June-quarter earnings, maintaining a constructive stance on all four stocks.