Synopsis: Nomura has maintained an “Accumulate” rating on Dr Reddy’s Laboratories Ltd, raising its target to ₹1,740, implying ~34% upside. The view is driven by a strategic shift toward branded drugs, improving margins, pricing power, and earnings quality. Lower...
Synopsis: Citi placed Cipla Ltd on a 90-day Positive Catalyst Watch, retaining a Buy rating with a ₹1,700 target, implying 20% upside. Growth is driven by a strong US respiratory pipeline, regulatory clearances, and recovery in India business. Earnings bottoming,...
Synopsis: The share of this company, a GovTech and digital solutions player, is launching a Rs 146 crore IPO to fund growth, repay debt, and support expansion plans. CSM Technologies Ltd IPO has launched its Initial Public Offering (IPO) today, which is to benefit...
Synopsis: Kirloskar Oil Engines Limited shares jumped 34% in two sessions after securing a major 192 MW data-centre order from HyperNext. The win strengthened confidence in its data-centre and HHP engine growth strategy, while brokerage upgrades, solid financial...
Synopsis: Four Indian defence sector companies delivered wealth creation over the past year, driven by indigenisation, rising defence spending, and Make in India initiatives. MTAR Technologies, Paras Defence, Data Patterns, and Astra Microwave showed significant stock...
Synopsis: USFDA has reportedly approached Indian pharma firms amid a US shortage of cancer drug ifosfamide caused by manufacturing issues at Baxter. The shortage may persist till 2026, creating supply opportunities. Cipla, Alkem Laboratories, and Zydus Lifesciences...
Synopsis: Danube Industries Ltd hit a 20% upper circuit after announcing a proposed USD 50 million investment from Fox Petroleum Group to fund expansion, technology development, acquisitions, and innovation across AI, manufacturing, IT services, energy, and global...
Synopsis: Suzlon Energy Ltd shares are in focus after UBS set a ₹72 target, implying ~22% upside. The broker is positive on Suzlon’s shift to a broader renewable platform, asset-light solar expansion, EPC-driven execution, and DevCo strategy, all expected to boost...
Synopsis: ICICI Securities issues Buy calls on Pine Labs, Aadhar Housing, Hyundai Motor India, and Coforge, citing strong growth outlooks across fintech, housing finance, autos, and IT, with 15–38% upside potential. ICICI Securities has highlighted a set of...