systematix research reports

Nuvoco Vistas

Nuvoco Vistas expected to show strong H2FY26 supported by seasonal recovery, infrastructure-led demand, and GST-driven affordability. Buy for target price of ₹540 (30% upside): Systematix

Arjun October 19, 2025

We value NVCL at an EV/EBITDA of 10x FY27E and arrive at a target...

QPOWER share price target

QPOWER is a market leader in key segments of the T&D equipment industry. Buy for target price of ₹1550 (51% upside): Systematix

Arjun September 29, 2025

High entry barriers in HVDC, FACTS, 400 kV AC, 765 kV AC and UHV...

TCS share price target

Tata Consultancy Services has a robust pipeline and valuations are compelling. Buy for target price of ₹3908 (15% upside): Systematix

Arjun July 13, 2025

At 23.6x 1-year forward multiple, TCS trades at a 4% discount to its average...