Axis Securities is bullish on non-public hospital chains. It has ‘purchase’ suggestions on the shares of Fortis Healthcare (Target Price: Rs 860; +20%), Max Healthcare Institute (TP: Rs 1,315; +18%) and Healthcare Global Enterprise (TP: Rs 575; +14%), primarily based mostly on anticipated excessive progress charge for the sector within the subsequent three years.
Emkay Global has a ‘Buy’ ranking on tire maker Ceat (TP: Rs 4,000; +27%). Analysts at Emkay are constructive on Ceat’s latest acquisition of Camso model’s off-freeway tire and tracks enterprise, together with two manufacturing vegetation in Sri Lanka from Michelin.
Morgan Stanley and Citi each have ‘Buy’ scores on Bajaj Finance after the corporate lately unveiled its lengthy vary technique for 2025-29 with plans to leverage AI-enabled tech processes. For MS, Bajaj Finance’s TP is Rs 9,000 (+26%) and for Citi, the TP for the inventory is Rs 8,000 (+12%).
Goldman Sachs has a ‘Sell’ ranking Avenue Supermart (D-Mart) for the reason that retail chain’s aggressive moat is dealing with growing stress and the corporate is growing value reductions to take care of aggressive benefit. GS has lower D-Mart’s goal value to Rs 3,425 (-8% from Wednesday’s shut) from the sooner TP of Rs 4,000.
YES Securities has an ‘Add’ suggestion on CARE Ratings, pushed primarily by sturdy earnings visibility with the home scores enterprise anticipated to develop at a 15-16% charge yearly. The brokerage home has a TP of Rs 1,630 (+16%).
Disclaimer: The opinions, analyzes and proposals expressed herein are these of brokerages and don’t mirror the views of The Times of India. Always seek the advice of with a certified funding advisor or monetary planner earlier than making any funding selections.
