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The brokerage also flagged emerging growth opportunities in segments such as nutraceuticals, oral beauty and men's grooming, which could further strengthen Honasa's positioning as an innovation-led beauty platform over the long term.

In mining, NMDC emerged as the strongest performer aided by 21% YoY volume growth and higher iron ore price.

Sector valuations are presently at the higher end of the valuation band, but Motilal Oswal believes that companies positioned in these buckets can continue to surprise on inflows from these segments as investments scale up over the next few years.

Motilal Oswal expects JSW Cement's aggressive expansion phase to weigh on cash flows and leverage metrics over the medium term, even as operational outlook remains intact.

Despite near-term volatility arising from elevated gold prices and macro uncertainties, Titan's management remains confident of sustaining a strong medium-term growth trajectory.

Despite near-term margin headwinds, the brokerage remains constructive on Ambuja Cements, citing strong structural demand, capacity expansion, and long-term profitability improvement as key drivers behind its bullish call.

MIDHANI's topline was broadly in line with the brokerage estimate; thus, validating management's repeated assertion that execution shortfalls in H1 were a timing phenomenon, and not a structural one.

ICICI Securities remains selectively positive on the oil and gas sector following the Q4 FY26 earnings season, highlighting that strong performance by OMCs, CGDs drove overall growth.

A time-tested, integrated business model Aarti Industries boasts a resilient business model that has successfully withstood global competition to achieve market leadership, adds the brokerage.

ICICI Securities noted that the acquisition of Tao Digital, a fast-growing AI-native firm, will enhance revenue predictability and improve margins, with the business already delivering higher profitability than Cyient's core operations.

Agriculture and allied sector growth is expected to be healthy at 4.5% YoY in Q4 FY26 supported by a robust Rabi crop.

PL Capital forecasts net sales/Ebitda CAGR of 22.8%/28.3% over FY26-28E and believes Brigade Hotel's long-term growth is more promising given majority of the new assets would be operational by end of FY30E.

Considering the leakage in the traditional bucket, weakness in the marquee accounts and maturing AI-led services, PL Capital believes LTMindtree is at the inflection point, wherein the near-term revenue growth appears to be challenging before it achieves the aspirational growth rate.

The shares of CMR Green Technologies are tentatively set to list on the NSE and BSE on June 10.

Tepid stock performance reflects broader banking sector derating amid persistent FII selling, but strong operating metrics and steady market share gains could drive a gradual rerating for ICICI Bank, adds the brokerage.

Based on ICICI Securities' revised estimates of group earnings post-merger and factoring in a NIL tax scenario for FY2728E, Gujarat Gas' valuations are unchallenging at 9x FY28E EPS and 7.7x EV/Ebitda.

IndiGo's FY26 result has underlined that demand remains strong, despite a host of challenges spanning internal, external disruptions and cost escalations throughout the year, which reinforces brokerage's positive thesis on the company.

Eternal has the highest upside at around 43-44%, led by strong traction in quick commerce and food delivery segments.

Long-term growth levers, including capacity expansion, improving logistics, ramp-up in coal assets and increased focus on value-added products are expected to support NMDC's earnings visibility over the medium term, says Systematix.

The brokerage highlighted that Nifty 50 companies reported a 4% YoY growth in PAT, marginally ahead of expectations, marking the eighth consecutive quarter of single-digit earnings growth.