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31 notes from ICICI Direct Research Retail · all time

07 Oct 2026, 08:41 IST Reliance Industries Limited ICICI Securities Limited (ICICI Direct Research, Retail Research) Buy (Gladiator open call, 8-Apr-26) target 1480

Listed as an open Gladiator cash-segment Buy call with recommendation range 1306-1336, target 1480 and stoploss 1237 over 3 months.

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07 Oct 2026, 08:41 IST Power Grid Corporation of India Limited ICICI Securities Limited (ICICI Direct Research, Retail Research) Buy (Gladiator open call, 16-Apr-26) target 352

Listed as an open Gladiator cash-segment Buy call with recommendation range 304-314, target 352 and stoploss 289 over 3 months.

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07 Oct 2026, 08:41 IST Asahi India Glass Limited ICICI Securities Limited (ICICI Direct Research, Retail Research) Buy (Gladiator open call, 18-Aug-26) target 1075

Listed as an open Gladiator cash-segment Buy call with recommendation range 930-960, target 1075 and stoploss 888 over 3 months.

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07 Oct 2026, 08:41 IST Supriya Lifescience Limited ICICI Securities Limited (ICICI Direct Research, Retail Research) Buy (Gladiator open call, 23-Sep-26) target 1108

Listed as an open Gladiator cash-segment Buy call with recommendation range 960-985, target 1108 and stoploss 911 over 3 months.

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07 Oct 2026, 08:41 IST Sona BLW Precision Forgings Limited ICICI Securities Limited (ICICI Direct Research, Retail Research) Buy (Gladiator open call, 25-Sep-26) target 932

Listed as an open Gladiator cash-segment Buy call with recommendation range 810-833, target 932 and stoploss 769 over 3 months.

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07 Oct 2026, 08:41 IST Apollo Micro Systems Limited ICICI Securities Limited (ICICI Direct Research, Retail Research) Top Fundamental Pick (Mid/Small Cap) target ₹485

Listed among the report's top mid/small-cap fundamental picks at CMP Rs 408 with 19% potential upside.

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07 Oct 2026, 08:41 IST Pondy Oxides & Chemicals Limited ICICI Securities Limited (ICICI Direct Research, Retail Research) Top Fundamental Pick (Mid/Small Cap) target ₹625

Listed among the report's top mid/small-cap fundamental picks at CMP Rs 447 with 40% potential upside.

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07 Oct 2026, 08:41 IST Saregama India Limited ICICI Securities Limited (ICICI Direct Research, Retail Research) Top Fundamental Pick (Mid/Small Cap) target ₹650

Listed among the report's top mid/small-cap fundamental picks at CMP Rs 504 with 29% potential upside.

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07 Oct 2026, 08:41 IST NRB Bearing Limited ICICI Securities Limited (ICICI Direct Research, Retail Research) Top Fundamental Pick (Mid/Small Cap) target ₹610

Listed among the report's top mid/small-cap fundamental picks at CMP Rs 537 with 14% potential upside.

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07 Oct 2026, 08:41 IST Radico Khaitan Limited ICICI Securities Limited (ICICI Direct Research, Retail Research) Top Fundamental Pick (Mid/Small Cap) target ₹5,100

Listed among the report's top mid/small-cap fundamental picks at CMP Rs 4,460 with 14% potential upside.

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07 Oct 2026, 08:41 IST Centum Electronics Limited ICICI Securities Limited (ICICI Direct Research, Retail Research) Top Fundamental Pick (Mid/Small Cap) target ₹5,900

Listed among the report's top mid/small-cap fundamental picks at CMP Rs 4,451 with 33% potential upside.

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07 Oct 2026, 08:41 IST Bharat Forge Limited ICICI Securities Limited (ICICI Direct Research, Retail Research) Top Fundamental Pick (Mid/Small Cap) target ₹2,475

Listed among the report's top mid/small-cap fundamental picks at CMP Rs 1,880 with 32% potential upside.

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07 Oct 2026, 08:41 IST Jindal Stainless Limited ICICI Securities Limited (ICICI Direct Research, Retail Research) Top Fundamental Pick (Mid/Small Cap) target ₹915

Listed among the report's top mid/small-cap fundamental picks at CMP Rs 751 with 22% potential upside.

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07 Oct 2026, 08:41 IST Astral Limited ICICI Securities Limited (ICICI Direct Research, Retail Research) Top Fundamental Pick (Mid/Small Cap) target ₹1,830

Listed among the report's top mid/small-cap fundamental picks at CMP Rs 1,402 with 30% potential upside.

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07 Oct 2026, 08:41 IST Gujarat Fluorochemicals Limited ICICI Securities Limited (ICICI Direct Research, Retail Research) Top Fundamental Pick (Mid/Small Cap) target ₹5,800

Listed among the report's top mid/small-cap fundamental picks at CMP Rs 4,577 with 27% potential upside.

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07 Oct 2026, 08:41 IST Kotak Mahindra Bank Limited ICICI Securities Limited (ICICI Direct Research, Retail Research) Top Fundamental Pick (Large Cap) target ₹475

Listed among the report's top large-cap fundamental picks at CMP Rs 432 with 10% potential upside.

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07 Oct 2026, 08:41 IST Bharat Heavy Electricals Limited ICICI Securities Limited (ICICI Direct Research, Retail Research) Top Fundamental Pick (Large Cap) target ₹575

Listed among the report's top large-cap fundamental picks at CMP Rs 452 with 27% potential upside.

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07 Oct 2026, 08:41 IST Lenskart Solutions Limited ICICI Securities Limited (ICICI Direct Research, Retail Research) Top Fundamental Pick (Large Cap) target ₹850

Listed among the report's top large-cap fundamental picks at CMP Rs 685 with 24% potential upside.

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07 Oct 2026, 08:41 IST Hindustan Aeronautics Limited ICICI Securities Limited (ICICI Direct Research, Retail Research) Top Fundamental Pick (Large Cap) target ₹5,820

Listed among the report's top large-cap fundamental picks at CMP Rs 4,816 with 21% potential upside.

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07 Oct 2026, 08:41 IST Hyundai Motor India Limited ICICI Securities Limited (ICICI Direct Research, Retail Research) Top Fundamental Pick (Large Cap) target ₹2,520

Listed among the report's top large-cap fundamental picks at CMP Rs 1,989 with 27% potential upside.

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07 Oct 2026, 08:41 IST LG Electronics India Limited ICICI Securities Limited (ICICI Direct Research, Retail Research) Top Fundamental Pick (Large Cap) target ₹2,040

Listed among the report's top large-cap fundamental picks at CMP Rs 1,759 with 16% potential upside.

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07 Oct 2026, 08:41 IST Dabur India Limited ICICI Securities Limited (ICICI Direct Research, Retail Research)

The note says Dabur's Q2FY27 update showed double-digit consolidated revenue growth for a second consecutive quarter with EBITDA margins impacted by input cost inflation, and that management targets double-digit consolidated revenue growth in FY27, largely price-led.

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07 Oct 2026, 08:41 IST Titan Company Limited ICICI Securities Limited (ICICI Direct Research, Retail Research)

The note says Titan's Q2FY27 consumer business revenue grew 25% YoY with domestic jewellery growth below its estimate due to the festive shift to Q3, while watches (30%) and eyecare (28%) beat estimates; impact is marked neutral.

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07 Oct 2026, 08:41 IST Krishna Institute of Medical Sciences Limited ICICI Securities Limited (ICICI Direct Research, Retail Research)

The note says KIMS announced four investments across Andhra Pradesh, Telangana and Maharashtra, describing them as strategically positive but with differing financial implications depending on control assessment, ramp-up and returns on capital.

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