Piramal Pharma Limited (PPL) is part of the Piramal group of companies. The company operates in 3 major segments. – 1) Contract development and manufacturing organisations (CDMO), 2) Complex hospital generics (critical care), 3) Consumer healthcare (OTC).
Oil India is fortifying growth through integrated expansion. Buy for target price of ₹833 (41% upside): Yes Securities
Oil India Limited (OIL) remains a key player as a leading integrated company across the energy value chain in India. The company is on track to meet its ambitious target of 4mmt of oil and 5bcm of gas production by FY26, backed by accelerated drilling activities in its rich Baghjan field, which will see the number of wells increase from 61 to ~80 in FY25 and 100 by FY27
Thematic Research: The EV Revolution Understanding The Electric Vehicle Ecosystem by Axis Securities
This presentation provides an in-depth analysis of the evolving global Electric Vehicle (EV) ecosystem, with a special emphasis on India’s emerging role. We are pleased to present an overview of the global EV landscape, with a particular focus on key policy interventions in major economies and India
Trent Ltd is a high-conviction top pick for the target price of ₹9250 (21.5% upside): CITI Research
We initiate on Trent, Tata Group’s fashion & lifestyle business, with a Buy and an SOTP-based TP of Rs9,250. Its transformation from a single-format (Westside) to a multi-format (Westside, Zudio, Star, Samoh, Utsa, Misbu, etc.) and multi-category (fashion & lifestyle, grocery, beauty personal care & fashion accessories) player led to a higher revenue CAGR (36% in FY19-24) vs. India’s leading consumer discretionary and retail peers
Skipper Limited is riding on the T&D Capex Wave. Buy for target price of ₹600 (44% upside): Axis Securities
Skipper is India’s largest and the world’s only integrated Transmission & Distribution (T&D) company present across the entire transmission chain
Arvind Smartspaces is one of the fastest growing real estate companies. Buy for target price of ₹1085 (43% upside): Axis Securities
We are initiating coverage on Arvind Smartspaces Ltd. (ARVSMART) with a BUY recommendation and a target price of Rs 1,085/share, which implies an upside of 43% from the CMP. Arvind Smartspaces began operations in 1897 when Lalbhai Dalpatbhai established the company’s first textile mill. Over the years, the business portfolio expanded to include textiles, dyes, chemicals, real estate, and engineering ventures, which were later demerged in 2016. Today, Arvind Smartspaces is one of the fastest growing real estate companies, holding a dominant market share in Ahmedabad and Bangalore
Lumax Auto Technologies is well diversified & poised for healthy growth ahead. Buy for target price of ₹750 (30% upside): ICICI Direct
Lumax Auto Technologies (LAT), is a leading auto ancillary player with diversified portfolio serving both OEMs and aftermarket.
Persistent Systems is in a league of its own as a diversified product engineering and IT services player, justifying a premium valuation multiple. Buy for target price of ₹6300 (21% upside): Motilal Oswal
PSYS is capitalizing on increased opportunities arising from fatigue among larger firms, positioning itself to fill the gaps and capture additional market share.
GAIL (India) is trading at an inexpensive 8.8X FY26E earnings. Buy for target price of ₹260 (23% upside): HDFC Sec
GAIL is trading at 11.6x Mar-26E EPS, only 1% premium to its five-year average despite the stronger volume growth outlook in its core business of gas transmission.
Adani Ports is expected to outpace India’s overall growth. Buy for target price of ₹1850 (31% upside): Motilal Oswal
APSEZ is expected to outpace India’s overall growth, driven by a balanced port mix along India’s western and eastern coastlines and a diversified cargo mix. The company continues to invest heavily in the port and logistics business to drive growth
Recent Comments