Research notes

The report lists a 1120 CE option buy on PNB Housing in the buying range 30-31 with SL 27 and target 37, citing a Long Buildup.

The report flags a futures SELL idea (27th Oct) on GAIL at CMP 168, citing a range breakdown, trading below the 200 DEMA and a bearish candle, with resistance at 173.

The report notes a Hammer candle on the daily chart for Bharat Electronics at CMP 385, with immediate support at 373 and momentum building above 387.

The report gives a 1-week technical BUY call on LG Electronics India at CMP ₹1771 with SL ₹1717 and target ₹1879, citing a consolidation breakout and positive RSI.

The report lists Syrma SGS Tech as a Focus Investment Idea with a Buy rating, CMP Rs 1,700 and target Rs 2,000, implying 18% upside over 1 year.

The report lists Emcure Pharma as a Focus Investment Idea with a Buy rating, CMP Rs 1,937 and target Rs 2,300, implying 19% upside over 1 year.

The report lists Adani Ports as a Focus Investment Idea with a Buy rating, CMP Rs 1,774 and target Rs 2,130, implying 20% upside over 1 year.

The report lists SPR Auto Technologies as a Focus Investment Idea with a Buy rating, CMP Rs 4,399 and target Rs 6,150, implying 40% upside over 1 year.

The report lists Eternal as a Focus Investment Idea with a Buy rating, CMP Rs 321 and target Rs 430, implying 34% upside over 1 year.

The report includes Gokuldas Exports in a Textile & Apparel basket with a 20% weightage and a 12-month 15-20% upside target for the basket.

The report includes Indo Count in a Textile & Apparel basket with a 20% weightage and a 12-month 15-20% upside target for the basket.

The report includes Pearl Global in a Textile & Apparel basket with a 20% weightage and a 12-month 15-20% upside target for the basket.

The report includes Arvind in a Textile & Apparel basket with a 20% weightage and a 12-month 15-20% upside target for the basket.

The report includes Welspun Living in a Textile & Apparel basket with a 20% weightage and a 12-month 15-20% upside target for the basket.

The report recommends BUY on Divi's Laboratories with CMP ₹9,540, TP ₹10,800 and SL ₹8,870, citing peptide API demand from oral Wegovy, favorable US tariff clarity under Proclamation 11020, and expected 21% earnings CAGR over FY26-28.

The report gives a Buy view on Trent with CMP INR 2,580 and TP INR 3,775, citing 22.5% YoY 2QFY27 standalone revenue growth driven by store expansion and easing cannibalization, with FY26-29E revenue/EBITDA/PAT CAGR of 21%/26%/19%.

The report initiates coverage on Molbio Diagnostics with a BUY rating, CMP INR 1,503 and TP INR 1,800, citing its Truenat platform, 12,500+ devices in 90+ countries, and an estimated 23% revenue CAGR and 50% PAT CAGR over FY26-29.

The report states Shiva Cement, JSW Cement's listed subsidiary, will merge into JSW Cement, with Shiva shareholders getting 5 JSW Cement shares for every 41 Shiva shares.

The report notes hikes in long product, flat steel and alloy steel round bar prices effective 1 Oct'26, with a Positive view.

The report states IndusInd Bank's 2QFY27 net advances grew 11.2% YoY beating estimates while deposits rose 10.1% YoY missing estimates, with CASA ratio falling to 28.0% and FCNR(B) mobilization of USD3.51b supporting growth, with a Positive view.

The report states Axis Bank's 2QFY27 gross advances grew 22.7% YoY beating estimates while deposits grew 20.7% YoY missing estimates, with CASA mix falling to 36.5% and CD ratio rising to 95.4%, with a Positive view.

The report notes Kotak's 2QFY27 net advances grew 24.7% YoY and deposits 23.2% YoY, both above estimates, with CASA ratio falling to 38.2% and CD ratio easing to 88.6%, and states the view as Positive.

Flagged in the quant intraday sell strategy at close price 2,058.7 with 1% SL and 1% target.

Flagged in the quant intraday sell strategy at close price 111 with 1% SL and 1% target.

Options-on-radar idea to buy the 3400 PE on short buildup, with target 139.