Nuvama's Updated 'Buy' Recommendation on Jindal Stainless

Nuvama has adjusted its stance on Jindal Stainless, maintaining a 'buy' recommendation but lowering the target price to Rs 723 from Rs 836. The company faces challenges from soft export demand and high imports, leading to a conservative FY26 guidance and a shift towards low-margin segments.

Jefferies' Optimistic Outlook on DLF

Jefferies has a 'buy' rating on DLF, with a target price of Rs 1,000. The company's ambitious FY30 vision includes maintaining high margin residential monetisation, doubling lease income, and achieving zero group net debt, signaling strong future growth potential.

Macquarie's 'Outperform' Rating on NTPC

Macquarie recommends an 'outperform' rating for NTPC, setting a target price of Rs 475. NTPC is seen as a key player in India's power demand, with its thermal assets and regulatory regime offering a stable medium-term outlook.

Citi's 'Buy' Call on ICICI Bank

Citi has issued a 'buy' call for ICICI Bank with a target price of Rs 1,600. Positive NIM bias in Q4 and potential rate cuts are expected to impact FY26 NIM, with the bank's unsecured stress stabilizing and corporate recovery aiding credit costs.

Morgan Stanley's 'Equal Weight' on Manappuram Finance

Morgan Stanley has rated Manappuram Finance as 'equal weight' and raised its target price to Rs 220. With Bain Capital as a proposed promoter, clarity on strategy and earnings is anticipated to emerge over time.

Disclaimer: The opinions, analyses and recommendations expressed herein are those of brokerage 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.