The report lists Zensar in its valuation comparison table without specific commentary on the PERM issue.
Read this note →Research notes
What India's research desks published, reported with attribution and linked to the original notes. Orivam issues no recommendations of its own.
All houses
HDFC Securities
Motilal Oswal
Tata Asset Management
Mirae Asset Sharekhan
India IPO
Jainam
GEPL Capital
Way2Wealth
SBICAP Securities
Angel One
Axis Securities
ICICI Direct Research Retail
Religare
Arete Securities
Formerly known as Way2Wealth
ICICI Direct
Way2Wealth Securities
quant Mutual Fund
ICICI Securities
Kotak Securities
JM Financial
ICICI Securities – Retail
Ventura Securities
Global Markets by Vested
Prabhudas Lilladher
ITC Hotels
Elara Securities
Exterminators PLC
Emkay Global
Industrial Asphalts
Private Client Group Research summarized from KIE research report
Kahawatte Plantations PLC
421 notes from HDFC Securities · 01 Oct 2026, 00:00 to 01 Nov 2026, 00:00 IST
The report lists Cyient in its valuation comparison table without specific commentary on the PERM issue.
Read this note →The report lists Tata Elxsi in its valuation comparison table without specific commentary on the PERM issue.
Read this note →The report notes L&T Technology Services filed 62 PERM applications in FY25 and was not among the suspended firms.
Read this note →The report notes Mphasis filed 132 PERM applications in FY25 and was not among the suspended firms.
Read this note →The report notes Persistent filed 43 PERM applications in FY25 and was not among the suspended firms.
Read this note →The report notes LTIMindtree filed 205 PERM applications in FY25 and was not among the suspended firms.
Read this note →The report lists Tech Mahindra in its valuation comparison table without specific commentary on the PERM issue.
Read this note →The report states HCLTech filed 365 PERM applications in FY25 and estimates a ~5bps EBIT margin impact from the suspension.
Read this note →The report states Wipro filed 521 PERM applications in FY25, the most among Indian IT firms, and estimates an ~8bps EBIT margin impact.
Read this note →The report notes Infosys had zero PERM filings in FY25 and estimates only a ~3bps EBIT margin impact from the suspension.
Read this note →The report states TCS filed 513 PERM applications in FY25 and estimates the PERM freeze would reduce EBIT margin by ~13bps if affected roles are replaced by local hires.
Read this note →The report rates MGFL REDUCE with target raised slightly from Rs 310 to Rs 315.
Read this note →The report rates MUTHOOT ADD with target raised from Rs 3,020 to Rs 3,070, noting astronomical gold loan growth and competitive pricing pressure on margins.
Read this note →The report rates REPCO ADD with target lowered from Rs 580 to Rs 557.
Read this note →The report rates PNBHOUSING ADD with target raised from Rs 1,100 to Rs 1,200.
Read this note →The report rates LICHF ADD with target raised from Rs 655 to Rs 676.
Read this note →The report rates HOMEFIRST ADD with target unchanged at Rs 1,250.
Read this note →The report names CANF one of its top picks among HFCs with a BUY rating and target raised from Rs 1,040 to Rs 1,060.
Read this note →The report rates APTUS ADD with target raised from Rs 305 to Rs 315.
Read this note →The report names AAVAS one of its top picks among HFCs with a BUY rating and unchanged target of Rs 1,540.
Read this note →The report rates CREDAG ADD with target lowered from Rs 1,590 to Rs 1,570.
Read this note →The report rates SUF ADD with target raised from Rs 4,835 to Rs 5,000.
Read this note →The report rates SHTF ADD with target raised from Rs 1,100 to Rs 1,200.
Read this note →The report rates MMFS ADD with target raised from Rs 385 to Rs 400.
Read this note →