Stock Recommendations Today: Jindal Steel, Dabur, BEL, L&T And More On Brokerages' Radar

Jindal Steel And Power Ltd., Indegene Ltd., Dabur India Ltd., Shree Cement Ltd., Bharat Electronics Ltd., PB Fintech Ltd. and Larsen & Toubro Ltd. are among the top companies on brokerages' radar on Friday, after they reported their third-quarter earnings.

Jefferies, in its Indian Strategy note, projects Nifty to reach bottom before Feb. 7, contingent on absence of tax surprises in budget and pro-growth Reserve Bank of India stance.

NDTV Profit tracks what analysts are saying about various stocks and sectors. Here are the analyst calls to keep an eye out for on Friday.

• Retained an 'overweight' rating on the stock and a target price of Rs 1,200 apiece.

• Consolidated Earnings Before Interest, Tax, Depreciation and Amortisation surpasses Bloomberg consensus by 12%.

• Operating expenses per tonne perform marginally better than anticipated.

• Previously announced expansion plans progress on schedule without delays.

• Announcement of additional capital expenditure plan for fiscals 2026-2028 comes as an unexpected development.

• Retained a 'neutral' rating on the stock and a target price of Rs 650 apiece.

• Revenue performance aligns with expectations, while margins fall short of estimates.

• Ebit margin remains flat quarter-on-quarter and falls 150 basis points below consensus.

• Projects minor revisions to consensus earnings as margin shortfall is compensated by increased other income.

• Retained a 'neutral' rating on the stock and lowered target price to Rs 550 from earlier Rs 580 per share.

• Third quarter performance in line with expectations; healthcare and beverage segments remain challenging.

• Anticipates gradual improvement in volume and margin metrics.

• Projects margin expansion in fiscal 2026.

• Reduces earnings per share estimates by 3-4% for fiscals 2025-2027 due to lower revenue outlook.

• Retained a 'buy' rating on the stock and raised target price to Rs 30,670 from earlier Rs 29,800.

• Delivered strong performance with industry-leading unit Earnings Before Interest, Tax, Depreciation and Amortisation, driven by improved costs and realisations.

• Benefits from strong pricing environment in North India.

• Revised earnings per share estimates downward, considering aggressive depreciation policy for new expansions.

• Retained a 'buy' rating on the stock and a target price of Rs 363 apiece.

• Reported significant operational performance in third quarter with Earnings Before Interest, Tax, Depreciation and Amortisation exceeding Bloomberg consensus by 38%.

• Projects substantial order inflow in fourth quarter of fiscal 2025.

• Management maintains conservative stance with unchanged guidance for sales and margin metrics.

• Maintained position as brokerage's top investment recommendation.

• Retained an 'overweight' rating on the stock and a target price of Rs 3,577 apiece.

• Third quarter revenue aligns with expectations, maintaining growth trajectory.

• Revenue momentum expected to continue with network expansion in tier three and tier four cities.

• Maintains positive outlook, based on company's strong historical performance.

• Retained an 'underperform' rating on the stock and a target price of Rs 1,530 apiece.

• Third quarter Profit After Tax missed estimates due to elevated costs.

• Insurance business maintained strong momentum, while credit revenues showed continued decline.

• Current valuations considered expensive by analysts.

• Retained a 'buy' rating on the stock and raised target price to Rs 2,150 from earlier Rs 2,000.

• Demonstrated sustained strength with core new business growth maintaining momentum.

• New business growth maintained over 45% year-on-year expansion in core annuity segments.

• Shows encouraging trend in Point of Sales Person's margin improvement.

• Operating leverage benefits becoming evident in financial performance.

• Retained an 'outperform' rating on the stock and a target price of Rs 3,922 apiece.

• Execution and margins underperform expectations, primarily due to domestic market conditions.

• Reports exceptionally strong working capital position and returns.

• Achieves 14% earnings growth, 16% Return on Equity with substantial order book supporting future growth prospects.

• Retained a 'buy' rating on the stock and lowered target price to Rs 260 from earlier Rs 280.

• Third quarter shows soft operational performance without major concerns.

• Gas trading falls below estimates, while remaining on track to meet guidance.

• Gas transmission volumes decline; company seeks tariff increase of over 30%.

• Retained a 'sell' rating on the stock and lowered target price to Rs 2,000 from earlier Rs 1,800.

• Third quarter performance ahead with healthy domestic refrigerant gas growth.

• Agricultural chemical segment shows gradual recovery.

• Current valuations and recent stock performance appear to incorporate most positive factors.

• A market correction continues for 126 days, marking it as second longest among 10 corrections in past decade.

• Current correction of 15% aligns with the historical average.

• Projects Nifty to reach bottom before Feb. 7, contingent on absence of tax surprises in budget and pro-growth Reserve Bank of India stance.

• Rate-sensitive sectors expected to perform well in anticipated near-term rally.

• Twelve-month outlook is dependent on Foreign Portfolio Investment flows, as strong equity supply counterbalances domestic flows.

• Retained a 'neutral' rating on the stock and a target price of Rs 8,450 apiece.

• ABB global reported 21% decline in order inflow (18% decline adjusted for currency) for India in fourth quarter of calendar year 2024.

• New orders decline of 21% indicates order value between Rs 2,800-3,000 crore.

• Parent company reports sequential margin moderation of 230 basis points quarter-on-quarter.

• ABB India typically mirrors parent company's margin trends.

• Order and margin trends suggest negative implications for ABB India.

• Retained a 'neutral' rating on the stock and raised target price to Rs 550 from earlier Rs 540.

• Third quarter performance aligns with expectations.

• Growth patterns match Fast Moving Consumer Goods peers, led by Home and Personal Care segment.

• Demonstrated strong revival in oral care segment performance.

• Implements multiple initiatives to address beverage segment revenue decline.

• Earnings Before Interest, Tax, Depreciation and Amortisation margins projected to remain stable year-on-year.

• Retained a 'neutral' rating on the stock and a target price of Rs 1,040 apiece.

• Third quarter results fall below estimated targets.

• India business experiences significant margin decline due to tea price inflation, expected to persist in coming quarters.

• Tea business shows robust volume performance.

• Recent brand acquisitions achieve stability.

• Reduced earnings per share estimates by 3-11%, reflecting performance miss and margin outlook.