Market Updates: Top Stocks on Brokerage Radar
Monday ko, BSE Ltd., Dixon Technologies Ltd., Hindustan Unilever Ltd. (HUL), Dabur India Ltd., aur IndusInd Bank Ltd. jaise companies brokerage firms ke radar par rahe. Analysts ne in companies ke first-quarter (Q1) business performance ko review kiya hai. Chaliye dekhte hain, analysts ka kya kehna hai.
Dixon Tech: Nayi Heights
Dixon Tech ko Rs 18,946 ke target price ke saath ek naya brokerage initiation mila hai. B&K Securities ka kehna hai ki company electronic outsourcing ki taraf badhte shift se fayda uthane ke liye uniquely positioned hai.
BSE Par Brokerage Firms Ki Nazar
Jefferies ke analysts ne BSE par kuch key points bataye hain:
* Jane Street ek bada player tha, isliye SEBI dwara unhe securities market se ban karne se volumes par asar pad sakta hai, lekin prop activity mein tezi se iski bharpaai ho sakti hai.
* Exchanges ka options premium turnover pichle shukravar ko do mahino ke average se kam tha. Aane wale week ke trends important honge.
* BSE ke earnings par kam asar padega kyuki FPIs turnover ka 3-4% hi hain.
* Asset services FY26 revenues ka 26% aur investment banking & institutional equities 20% form karte hain.
Goldman Sachs ne BSE par apni ‘neutral’ rating maintain ki hai, lekin target price ko Rs 2,430 se ghata kar Rs 2,300 kar diya hai. Unka kehna hai ki unhone recent volumes ko factor in karne ke liye EPS ko modestly lower kiya hai. Goldman Sachs ko ummeed hai ki medium term mein BSE cash equity market share 7.4% tak improve hoga.
IndusInd Bank Q1 Update: Brokerage Firms Ki Ray
Jefferies ne IndusInd Bank par ‘buy’ rating maintain ki hai, target price Rs 920 hai. Unka kehna hai ki loans contract hue hain, lekin deposits manageable rahe, aur credit rating intact hai. Deposits mein quarter-on-quarter 3% ki kami aayi hai, jo limited outflows indicate karta hai, jise market favorably dekh sakta hai. Ek credit rating agency ne negative outlook ke saath apni ratings watch ko remove kar diya hai, yeh bhi market dwara appreciate kiya ja sakta hai.
Morgan Stanley ne IndusInd Bank par ‘underweight’ rating maintain ki hai, target price Rs 750 hai. Unka kehna hai ki yeh ek muted quarter tha. Unhe Q2 se gradual earnings recovery ki ummeed hai. High-margin loans ka share kam ho raha hai aur naye CEO ke around uncertainty ke karan brokerage underweight bana hua hai.
Dabur Q1 Business Update: Analysts Kya Kehte Hain?
Nomura ne Dabur par ‘buy’ rating maintain ki hai, target price Rs 550 hai. Unka kehna hai ki weakness aur underperformance vs peers continue hai. Ebitda growth likely to be flattish—both largely in-line with brokerage’s estimates. Summer portfolio mein decline se healthcare aur beverages par asar pada hai, jabki HPC mein kuch improvement dikhaai de rahi hai.
Goldman Sachs ne Dabur par ‘neutral’ rating maintain ki hai, target price Rs 490 hai. Unka kehna hai ki yeh ek muted quarter tha on expected lines. Kuch key categories India mein grow hui hain, lekin kuch ne drag kiya. Operating profit growth revenue growth se peeche raha, jiska matlab hai margin contraction. Beverages portfolio overall truncated summer ki wajah se adversely impact hua tha.
Morgan Stanley ne Dabur par ‘underweight’ rating maintain ki hai, target price Rs 396 hai. Unka kehna hai ki weak earnings growth continue hota dikh raha hai; top-line growth largely in line hai. Consolidated Ebitda growth marginally revenue growth se peeche rahega.
B&K On Dixon Tech: Kya Hai Future?
B&K ne Dixon Tech par ‘buy’ initiate kiya hai, target price Rs 18,946 hai. Unka kehna hai ki company scaling up to new highs. Uniquely positioned to benefit from the accelerating shift towards electronic outsourcing. Unhe FY25-27 mein revenue aur profit CAGR 42% aur 69% dikh raha hai. Customer addition, along with increasing wallet share from existing customers is key to growth. Component manufacturing to provide the next leg of growth. Lighting products: new product development on cards.
UBS On HUL: Risk-Reward Favourable?
UBS ne HUL par ‘buy’ rating maintain ki hai, target price Rs 2,800 hai. Unka kehna hai ki compelling risk-reward in the making. Valuation hold karni chahiye agar growth second half mein rebound hoti hai. Risk-reward HUL par bahut favourable ho raha hai. HUL ka ek dominant scale hai; isko portfolio ka ek part fix karna hoga. Should meaningfully rebound in H2. FY27 mein bhi strong earnings growth momentum continue reh sakta hai.
