Page 3 - Markets Today

Antique initiates Lenskart with 'Hold', cites favourable business landscape

Antique assigned a 'hold' rating on Lenskart with a target price of ₹455 and noted that current valuations largely factor in the company's growth outlook

Elara Capital downgrades DB Corp to 'Accumulate', cuts target on Q3 miss

DB Corp's print advertising revenue declined 6.9 per cent year-on-year (Y-o-Y) in Q3, largely due to the absence of state election-related advertising that had boosted revenues in the year-ago period.

ICICI Sec upgrades HUL to 'Buy' on GST-led volume, premium growth outlook

ICICI Securities identified four key growth levers for HUL. First, demand for large-pack units in personal care categories has shown strong responsiveness to lower prices following GST cuts.

Brokerages split on HDB Financial as margins improve but growth lags

In Q3FY26, HDB Financial reported a steady operating performance marked by margin expansion, moderating credit costs and stable asset quality.

₹2,466-cr order lifts Kernex Microsystems shares 13%; key details inside

Kernex Microsystems shares surged after the company announced that it has secured an order worth ₹2,465.71 crore from Chittaranjan Locomotive Works.

Why did Prestige Estates' share price rise 3% in trade today? Details here

Prestige Estates shares rose after the company's announcement of record-breaking operational results for Q3 and 9MFY26, coupled with launch of a new premium residential project in Bengaluru.

Nomura initiates coverage on ITC Hotels with 'Buy,' sees 20% upside

The brokerage expects robust margin improvement, strong cash generation and healthy growth in the company's managed hotels pipeline to drive earnings over the medium term.

Tata Elxsi Q3 margins expand, growth uneven; brokerages maintain 'Sell'

The Bengaluru-based design and engineering solutions firm posted revenue of $107 million in Q3, up 3.2% Q-o-Q in constant currency (CC) terms, ahead of estimates of 1.8 per cent Q-o-Q.

ICICI Pru Life Q3 margins expand despite slow premium growth, say analysts

Most analysts highlighted that the insurer's ability to sustain margins despite the loss of GST input tax credit was the key takeaway from the Q3FY26 results.

TCS Q3 delivers steady show, brokerages split on growth outlook

TCS Q3 results impact: The common thread across analysts is that while Q3 execution remains strong and margins resilient, clear visibility on broad-based demand acceleration is still missing.

Grasim's diversified growth strategy set for long-term gains: Motilal Oswal

Grasim's chemical segment, India's largest producer of chlor-alkali and epoxy resins, continues to offer a stable growth trajectory.

Ixigo shares rally 7% as JM Financial upgrades to 'Buy', eyes 29% upside

The stock rose to an intraday high of ₹228.40 per share. Around 11:00 AM, ixigo shares were trading 6.87 per cent higher at ₹227.85 apiece. By comparison, the BSE Sensex was down 0.08 per cent at 83,8

Motilal Oswal flags macro risks in oil & gas; HPCL, GAIL, MGL top picks

The brokerage said INR depreciation of about 6% Y-o-Y in Q3 has weighed on margins of OMCs and CGD players, partly offsetting the benefit of softer crude oil prices.

Stock Market Close: Sensex logs worst week since Sept 2025; Nifty below 25,700; VIX up 16% this week

Sensex Today | Stock Market Highlights on January 9, 2025: In the broader markets, the Nifty Midcap 100 and the Nifty Smallcap 100 ended 0.79 per cent and 1.81 per cent lower, respectively

Tips Music stock downgraded to 'Add' by JM Financial; check target price

JM Financial expects revenue growth to remain in the low-to-mid teens, as the company did not release any major new music content in Q3 and Q4 of FY26

Stock Market Close: Nifty logs worst day in 1-month, ends at 25,876; Sensex cracks 780pts; VIX up 6%

Sensex Today | Stock Market Highlights on January 8, 2026: Reports suggest US President Donald Trump has purportedly backed a Bill that threatens to raise tariffs on India to at least 500 per cent

Stock Market Close: Nifty slips for 3rd day; Sensex down 102 pts; Auto, OMCs drag; IT outperforms

Sensex Today | Stock Market Highlights on January 7, 2026: The broader markets outperformed the frontline pack as the Nifty Midcap 100 and the Nifty Smallcap 100 were up 0.4 per cent each

Stock Market Close: Nifty below 26,200; Sensex down 376 pts; RIL drops 4%, Trent 9%; SMIDs slide

Sensex Today| Stock Market Highlights on January 6, 2025: In the broader markets, the NSE Nifty Midcap 100 was down 0.19 per cent, while the NSE Nifty Smallcap 100 were lower by 0.22 per cent

Mixed Q3 seen for building materials; wood panels to lead: Elara Capital

Elara Capital analyst Amit Purohit said some players in the sector could still deliver double-digit volume growth despite broader demand headwinds.

ICICI Sec upgrades Latent View Analytics to 'Buy', lifts target to ₹560

The upgrade reflects ICICI Securities' expectation of healthy revenue growth for Latent View, with 6 per cent quarter-on-quarter (Q-o-Q) growth in USD terms anticipated in the seasonally strong Q3.