Kirloskar Oil Engines: A Buy Recommendation
Motilal Oswal Financial Services has recommended a 'buy' on Kirloskar Oil Engines with a target price of Rs 1,540 (+39%). Despite near-term weakness in its power generation segment, analysts are positive about the company's strategy to grow its share of high kVA rating products and its strong distribution network.
Media Sector Updates
ICICI Securities has 'buy' recommendations on PVR Inox (Target price: Rs 2,250; +50%), Sun TV (TP: Rs 1,111; +52%), and Zee Entertainment Enterprises (TP: Rs 195; +43%). Sun TV and Zee Ent are expected to gain market share in regional segments.
Persistent Systems: Bullish Outlook
InCred Equities recommends a 'buy' on Persistent Systems with a target price of Rs 6,863 (+5%). The analysts are bullish due to the company's business momentum and potential growth in the hi-tech vertical.
Metal Stocks Analysis
Emkay Global sees a potential demand-supply mismatch for aluminum in 2025. The brokerage has a 'sell' recommendation on Hindalco (TP: Rs 600; -6%) but 'buy' recommendations on Nalco (TP: Rs 275; +21%) and Vedanta (TP: Rs 600; +19%).
Piramal Pharma: A Strong Buy
JM Financial has a 'buy' rating on Piramal Pharma with a target price of Rs 340 (+30%). The recommendation is based on the company's contract research, development, and manufacturing capabilities.
Disclaimer: The opinions, analyses, and recommendations expressed herein are those of 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.
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