Page 4 - Indian Equities

ICICI Sec starts with Buy on Orkla India; regional brands, exports in focus

he brokerage has initiated coverage with a 'Buy' rating and a target price of ₹800, on the back of improving margins, strong cash flows and scope for selective acquisitions.

InCred Equities upgrades Tata Elxsi stock to 'Hold', lifts target to ₹5,639

The automotive business unit, which contributes around 53 per cent of Tata Elxsi's revenue, is seeing signs of stabilisation.

Festive boost fizzles amid weak QSR demand; Elara backs Jubilant FoodWorks

Based on channel checks, Elara Capital analysts said the QSR universe is seeing soft demand trends in the current quarter, even after recent GST rate cuts.

Motilal Oswal starts Nykaa coverage, sees growth but near-term gains capped

Nykaa, a specialty platform for beauty and personal care products, commands an estimated 27 per cent share of India's online BPC segment.

Zen Technologies gets Indian patent for 60 mm mortar simulator; stock up 2%

Around 9:50 AM, Zen Technologies share price continued to trade 0.7 per cent higher at ₹1,405 per share. In comparison, BSE Sensex was trading 0.24 per cent lower at 85,365.02.

Indian investors bet on earnings revival to spot new winners in 2026

Nifty earnings are expected to grow by around 16 per cent in the next fiscal year beginning April 1, nearly double the growth estimated for the current year, according to ICICI Securities Ltd

Brokerages cheer Motherson's Nexans auto deal, see global PV wiring upside

Nomura, in a note, said the acquisition marks SAMIL's formal entry into the global PV wiring harness segment outside India, an area where the group previously had limited exposure.

Motilal Oswal favours Maruti, M&M, TVS Motor as auto sector momentum holds

Entry-level vehicles across 2Ws and PVs are seeing a notable pickup in demand, while discounts are expected to gradually reduce, reflecting normalisation in market dynamics.

Triveni Engineering rises 3% on Delhi entry with premium whisky launch

Triveni Engineering shares gained after the company announced its entry into Delhi's IMFL market, expanding its presence in the fast-growing premium & super-premium whisky segment.

Antique sees stable FY26 for KPR Mill; garment, ethanol to drive growth

The brokerage expects KPR Mill to post around 12 per cent year-on-year (Y-o-Y) revenue growth in FY26, with operating margins also likely to remain broadly unchanged.

Allcargo Terminals share price rises 4% on December 22; Here's why

Allcargo Terminals shares rose after the company said its CFS volumes in November 2025 was 55,300 TEUs, climbing 16 per cent year-on-year (Y-o-Y) as against November 2025.

Why did Sudeep Pharma plunge 6% in trade today? Key details inside

Sudeep Pharma share price fell on reporting a weak set of results in the September quarter of financial year 2026 (Q2FY26).

Radico Khaitan premium push intact; Antique raises target to ₹3,800

Antique believes Radico's flagship premium whisky brand After Dark is on track to clock 3.5 million cases in FY26, up sharply from 1.9 million cases in FY25.

Sensex, Nifty gain on hopes of further Federal Reserve rate cuts

The US consumer price index rose 2.7 per cent year-on-year in November, below expectations of a 3.1 per cent jump

Aeroflex Industries share jumps 13% on capacity expansion, fund-raise plan

Aeroflex Industries shares surged in trade today after the company announced a series of capacity expansion initiatives along with a fund-raising plan.

Why did BLS International share price rally 7% in trade today? Details here

By 10:00 AM, BLS International Services shares were trading 6.52 per cent higher at ₹337.15 per share. In comparison, BSE Sensex was trading 0.56 per cent lower at 84,953.30.

Motilal Oswal starts coverage on Aditya Birla Real Estate with 33% upside

On the bourses, ABREL Share price surged up to 3.01 per cent to hit an intraday high of ₹1,770.65 per share.

Nuvama trims Voltas FY26-27 earnings estimates amid demand woes

Voltas management has indicated that Q3FY26 trends are in line with internal expectations, with most sales still driven by products under the old energy rating table.

Silver upside, cost edge drive earnings upgrade case for Vedanta: Emkay

Vedanta share: At current spot prices, Emkay estimates FY27 Ebitda of about ₹25,800 cr, compared with consensus estimates of ₹22,000 cr, implying an upgrade potential of roughly 17 per cent.

5 reasons Motilal Oswal initiates coverage on Crompton Greaves with 'Buy'

On the bourses, Crompton Greaves share price rose as much as 3.97 per cent to hit an intraday high of ₹259.20 per share.