Hemang Jani highlights Bosch's stable performance and diversification into EV components as appealing in the MNC space. He favors wealth management companies like 360 One or Nuvama, anticipating a structural bull run and potential consolidation. In the auto sector, Jani prefers Mahindra & Mahindra and TVS, expecting positive impact from a normal monsoon and potential rate cuts.
Brokerage houses have issued varied stock recommendations for PNB Housing Finance, PI Industries, and Indoco Remedies. Motilal Oswal is optimistic about PNB Housing Finance, while Emkay Global retains a 'Reduce' rating on PI Industries due to growth concerns. YES Securities downgraded Indoco Remedies to 'Sell', citing earnings pressure and regulatory constraints.
Pakistan is trying to involve the US in its peace efforts with India. Prime Minister Shehbaz Sharif praised Donald Trump's past role. India rejects third-party mediation. An Indian delegation criticized Pakistan's stance on terrorism. They highlighted Pakistan's support for terrorist groups. US Representative Brian Mast endorsed India's right to respond to attacks.
ICICI Securities maintains a Hold call on Century Plyboards, revising the target price to Rs 743. The company reported a 13% YoY revenue growth in Q4FY25, driven by plywood and MDF segments, though overall margins contracted. While management anticipates strong growth in FY26, ICICI Securities has adjusted EBITDA estimates, citing margin pressures in laminates and MDF.
India's solar sector is experiencing a surge, driven by decreasing panel prices, prompting industries like Maruti to adopt solar power, reducing long-term costs. Despite potential export revenue margin pressures and reduced government subsidies post-Trump era, India is significantly expanding its solar capacity. Among automakers, M&M presents a strong investment opportunity due to its diverse product range and upcoming EV models.
JM Financial maintains a Buy call on Welspun Living, projecting a target price of Rs 200. The company's Q4FY25 consolidated total income rose to Rs 2648.16 crore, with a net profit of Rs 133.04 crore. Despite tariff uncertainty impacting margins, the brokerage anticipates earnings growth driven by stable cotton prices and government support for the textile sector.
ICICI Securities maintains an Add call on Apollo Hospitals Enterprise, raising the target price to Rs 7,500. This revision reflects anticipated faster growth and improved margins in the pharmacy sector. The brokerage has increased revenue, EBITDA, and PAT estimates for FY26 and FY27, valuing the hospital business at 25x FY27E EV/EBITDA.
