Market Experts' LIVE Stock Recommendations: Buy Apollo Hospitals, SBI, Hold Tata Motors

• Maintain Buy with a target price of Rs 7,150

• Mgmt expects incremental C&W industry demand to stay ahead of supply over next 5-Y

• Key end-user segments driving Cables demand are power, mobility, private capex and exploration

• Polycab targets to grow exports from 6% of sales in FY25 to 10% by FY30

• Est FY25-28e EPS at +26%

• Maintain Buy with a target price of Rs 836

• Ambuja Cement analyst day, management restated its goals on capacity targets

• Emphasized cost efficiencies with target EBITDA/t of Rs 1,500 by FY28

• CFO’s message focused on capital allocation, cash generation/conversion and customer-centric objectives

• Management highlighted 19% of targeted cost savings were secured, 12% yet to be secured

• Laid out broader building blocks for the same

• Maintain High Conviction Outperform with a target price of Rs 1,025

• Restrained aggression

• High governance shown in supply management, pricing, capital allocation

• Strong governance – calibrated strategy on pricing and supply

• Prudent capital management – lowered debt and avoided equity dilution

• Focus on cashflows and not just presales

• Raise FY26-28 pre-sales estimates by 20-30%

Invest4edu Research And Investments Head Aditya Agarwala suggested a buy for Bajaj Finserve. The target price for the stock is Rs 2,150 apiece. The stop loss is at Rs 2,010 apiece.

Motilal Oswal Financial Services's Equity Technical Research, Wealth Management Vice President suggested a buy for State Bank of India. The target price for the stock is Rs 855 apiece. The stop loss is at Rs 800 apiece.