Top brokerage firms have shared their latest stock recommendations. Here’s a summary:
1. Maruti Suzuki India (Target Price: ₹14,300 – Nuvama)
- Nuvama has maintained a buy call on Maruti Suzuki.
- The company has started production of its first electric car, the eVitara.
- Its Gujarat plant is expanding and will be ready by FY27, with flexibility to produce different types of cars.
- The eVitara will be launched in over 100 countries, including Europe, Japan, and India.
2. Adani Ports & SEZ (Target Price: ₹1,700 – Motilal Oswal)
- Motilal Oswal recommends buying Adani Ports.
- The company is building scale and aiming for market leadership in ports.
- Its logistics business is growing rapidly.
- Its marine services business is also expanding and is a profitable growth driver.
3. ICICI Bank (Target Price: ₹1,760 – Jefferies)
- Jefferies has a buy rating on ICICI Bank.
- Some filings show that the bank’s risk in assets has increased, especially with more loans in the SME (small & medium enterprises) segment.
- Still, loan quality remains stable and bad loans are under control.
- Non-performing loans are at their highest in five years, but compliance costs are being managed better due to stronger priority sector lending.
4. RBL Bank (Target Price: ₹300 – Investec)
- Investec suggests buying RBL Bank.
- Management expects Return on Assets (RoA) to rise to 1% by Q4 FY26, helped by better net interest margins.
- Loan growth in FY26 is expected to be 3–4% higher than the industry average.
- Asset quality in microfinance (MFI) and credit cards is improving.
- The bank also plans to raise fresh capital in FY26.
5. Allied Blenders & Distillers (Target Price: ₹600 – ICICI Securities)
- ICICI Securities has given a buy call on Allied Blenders & Distillers.
- The company is focusing on premium alcohol brands to boost growth and profit.
- It is targeting strong numbers by FY28 and is investing in new premium launches.
- Its popular brand Officer’s Choice is performing well in the mass-premium category.
- Backward integration (producing raw materials in-house) is on track and will be complete by FY27, improving margins further.
analysts recommend buying Maruti Suzuki, Adani Ports, ICICI Bank, RBL Bank, and Allied Blenders & Distillers as these companies are expected to perform strongly in the coming years.
Note: These are the brokerage opinions. Always talk to a professional financial advisor before investing.
