Private Hospital Chains: A Bullish Outlook

Axis Securities is optimistic about private hospital chains, recommending 'buy' on Fortis Healthcare, Max Healthcare Institute, and Healthcare Global Enterprise. These recommendations are primarily based on the expected high growth rate for the sector over the next three years.

Ceat: A Strategic Acquisition

Emkay Global has a 'Buy' rating on tyre maker Ceat, with a target price of Rs 4,000. The positive outlook is due to Ceat's recent acquisition of Camso brand's off-highway tyre and tracks business, along with two manufacturing plants in Sri Lanka from Michelin.

Bajaj Finance: Leveraging AI for Future Growth

Both Morgan Stanley and Citi have 'Buy' ratings on Bajaj Finance following the company's recent long-range strategy for 2025-29, which includes leveraging AI-enabled tech processes. Morgan Stanley's target price is Rs 9,000, while Citi's is Rs 8,000.

Avenue Supermart: Facing Competitive Pressure

Goldman Sachs maintains a 'Sell' rating on Avenue Supermart (D-Mart), citing increasing competitive pressure and the company's reliance on price discounts to maintain its competitive edge. The target price has been cut to Rs 3,425 from Rs 4,000.

CARE Ratings: Strong Earnings Visibility

YES Securities recommends 'Add' on CARE Ratings, driven by strong earnings visibility with the domestic ratings business expected to grow at a 15-16% rate annually. The target price is set at Rs 1,630.

Disclaimer: The opinions, analyses, and recommendations expressed herein are those of the brokerages and do not reflect the views of The Times of India. Always consult with a qualified investment advisor or financial planner before making any investment decisions.