NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
HDFC Securities Institutional Equities
Sun Pharmaceutical Industries, Maruti Suzuki, ITC, Bajaj Finserv, ABB India, Thermax, LIC Housing Finance, Kajaria Ceramics, Data Patterns, Aether Industries, Niva Bupa Health Insurance, Mahanagar Gas and Aarti Industries are among the stocks in focus after HDFC Securities released its latest post-Q1FY27 reviews, maintaining a constructive stance on several names while upgrading Kajaria Ceramics.
HDFC Securities retained its Buy rating on Sun Pharma with a higher target price of Rs 2,320, highlighting strong growth in the India business and specialty medicines portfolio despite softness in the US generics segment. The brokerage expects products such as Ilumya, Cequa, Winlevi, Unloxcyt and Leqselvi to drive future growth.
In the industrial space, ABB India retained an Add rating with a target price of Rs 7,094, supported by robust order inflows from data centres, renewables and infrastructure segments. Thermax continued to receive a Buy rating with a target price of Rs 5,325 despite a weak quarter, as the brokerage expects order inflows and execution to improve in the coming quarters.
Click on the attachment to read the full report:
ALSO READ: LIC Housing Finance Gets Target Price Cut From ICICI Securities After Mixed Q1 Results— Check Upside
DISCLAIMER
This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
