HCLTech, ONGC, Shriram Finance And More

Market analysts and brokerage firms have identified high-conviction trading ideas for the upcoming session, with a strong consensus forming around IT major HCL Technologies. While most recommendations point to buying opportunities in the energy, metal, and financial sectors, experts have also flagged a selling opportunity in the financial services space. HCL Technologies HCL Technologies emerged…

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Improving Internals, Loan Growth Pickup Boost Re-Rating Hopes

Axis Bank’s third quarter performance drew largely positive commentary from Morgan Stanley, Jefferies and Kotak Securities, with all three brokerages highlighting improving internals, better asset quality trends and a strengthening case for re-rating, even as headline earnings growth remained modest. On valuations, Morgan Stanley maintained Overweight and raised its target price to Rs 1,650, citing…

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PVR INOX Is Returning To Its Core After A Popcorn Phase — And Investec Likes The Pivot

PVR Inox’s decision to divest its entire stake in premium popcorn brand 4700BC is a strategic, review-led monetisation that should strengthen the balance sheet and sharpen focus on the core cinema business, according to a First Take note from Investec. The brokerage has maintained a ‘Hold’ rating on the stock with a target price of Rs…

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Brokerages Cut Target Price Amid Profitability Dip, See Tough Road Ahead

A barrage of brokerages have turned bearish on Cipla after the Indian pharmaceutical major reported its third-quarter earnings for the financial year ending March 2026. The company reported a significant 57% year-on-year decline in net profit, largely driven by the one-time Labour Codes impact of around Rs 276 crore. Cipla’s profit for the December quarter…

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