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HDFC Securities Instituional Equities
Shares of Bajaj Finance, Indian Bank, Piramal Pharma, Star Health and Federal Bank are likely to remain in focus after HDFC Securities maintained a positive stance on select stocks following their Q4FY26 results, with multiple BUY and ADD recommendations along with revised target prices.
HDFC Securities retained a Buy rating on Bajaj Finance Ltd. with a revised target price of Rs 1,100, citing steady AUM growth, improving credit costs and strong profitability outlook driven by its diversified lending franchise.
The brokerage also maintained Buy on Indian Bank with a target price of Rs 990, highlighting strong business growth and healthy deposit traction, although asset quality remains a key monitorable due to MSME exposure.
Among other financials, Federal Bank was rated ‘Add' with a target price of Rs 305, as the brokerage flagged moderate loan growth outlook and potential stress in MSME portfolio despite stable asset quality trends.
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ALSO READ: Federal Bank Q4 Review: IDBI Capital Stays Bullish On Strong Quarter — Check Revised Target Price
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