Devanshu Singla
Devanshu Singla
Systematix has set a target price of ₹192 for JTEKT India, valuing the stock at EV/Ebitda of 17.5 times on December 2027E, in line with its past five-year average multiple
Anand Rathi expects Jubilant's capex cycle to drive a sharp earnings upturn over FY26-28, with consolidated Ebitda seen growing at around a 22 per cent CAGR
PL Capital has maintained the target price at ₹403 for Aarti Industries, valuing the stock at 24 times September 2027 estimated earnings per share (EPS)
Motilal Oswal expects improved margin stability across the sector, aided by moderation in discounting and a strategic shift towards profitability
The three-day subscription window to bid for the Gujarat Kidney IPO will close on Wednesday, December 24, 2025
Companies raised a total of ₹1.74 trillion (₹1,74,379 crore) through 101 mainboard initial public offerings, making the year a landmark for equity fundraising
Elara Securities has maintained a 'Buy' on the stock, citing expected double-digit earnings growth during FY25-28E, and a rising order pipeline ensuring steady revenue visibility
Domestic brokerages Equirus Securities and PL Capital have initiated coverage on ICICI Prudential Asset Management Company
Nuvama Institutional Equities has downgraded the Steel Authority of India (SAIL) to 'Reduce', flagging concerns around excess flat steel supply in India and weak steel margins
Analysts at PL Capital expect ICICI Prudential AMC's equity AAuM to grow at a CAGR that is 2.5 per cent higher than the industry average over FY25-28
ICICI Securities has set a target price of ₹600 for Leela Palaces Hotels and Resorts, based on a 22x EV/Ebitda on December 2027 earnings estimates for its hotels business
MOFSL said Vishal Mega Mart's management remains optimistic about sustaining double-digit Same Store Sales Growth on an annual basis for a fairly long period
Investors are increasingly using index funds as long-term wealth-creation vehicles rather than for short tactical exposure, Oswal said
Axis Capital has initiated coverage on ONGC with a 'Sell' rating, citing concerns over production, oil prices, and subsidiary debt
SBI Securities has maintained a "Neutral" view on the KSH International IPO and would like to monitor its performance post-listing
KSH International IPO will be offered at a price band of ₹365 to ₹384 per share and the lot size has been set at 39 shares
ICICI Prudential AMC IPO: Analysts at Canara Bank Securities and Anand Rathi have recommended subscribing to the issue from a long-term perspective
Analysts broadly have a positive view of Park Medi World, given the strong outlook for India's healthcare delivery market and the company's expansion strategy
Choice Equity Broking has initiated coverage on Meesho with a 'Buy' rating, citing the company's structural competitive Moats, strong monetisation runway, and accelerating path to profitability
The three-day subscription window to bid for the Park Medi World IPO will close on Friday, December 12, 2025