Research notes

The note lists Titan as a focus investment idea with Buy rating, CMP 4909 and target 6,000.

The note lists Eternal as a focus investment idea with Buy rating, CMP 317 and target 400.

The note lists M&M as a focus investment idea with Buy rating, CMP 3070 and target 4,108.

The note lists Bharat Electronics as a focus investment idea with Buy rating, CMP 386 and target 530.

The note gives a fundamental actionable BUY idea on Kalpataru Projects with CMP INR1391 and target INR1600, citing its subsidiary LMG's proposed Swedish IPO as a value-unlocking event.

The note initiates coverage on Turtlemint Fintech Solutions with a BUY rating, CMP INR128 and target INR180, citing its scaled PoSP network and platform-premium growth.

The note says a detailed UPI MDR framework note highlights monetisation opportunity for MobiKwik via its merchant-acquiring capabilities and Pocket UPI franchise.

The note says Eicher Motors launched the Flying Flea C6 electric motorcycle in Europe and UK with deliveries scheduled for October 2026.

The note says Fortis has signed an agreement to provide healthcare services at a 400+ bed super speciality hospital in Delhi, expected to commence operations in 3-4 years.

The note lists Mazagon Dock as an intraday quant Sell idea with close price 2235, stop-loss 2257, and target 2213.

The note lists IREDA as an intraday quant Sell idea with close price 109, stop-loss 110.1, and target 108.

The note highlights Rossell Techsys as being in an overall uptrend with RSI well placed and robust volumes, with immediate support at 1228.

The note flags DLF's 26th Sept futures contract as having given a range breakdown with lower highs and lows, with immediate resistance at 640.

The note recommends buying Aegis Vopak Terminals at CMP Rs 302 with stop-loss Rs 292 and target Rs 322 over a 1-week duration, citing a consolidation breakout and volume surge.

The note lists Granules as a Buy with CMP Rs 875 and target Rs 1,010, implying 15% upside.

The note lists Titan as a Buy with CMP Rs 4,850 and target Rs 6,000, implying 24% upside.

The note lists Eternal as a Buy with CMP Rs 316 and target Rs 400, implying 26% upside.

The note lists Bharat Electronics as a Buy with CMP Rs 381 and target Rs 530, implying 39% upside.

The note lists M&M as a Buy with CMP Rs 3,030 and target Rs 4,108, implying 36% upside.

The note gives CDSL a BUY call at CMP Rs 1,406 with stop-loss Rs 1,300 and target Rs 1,620, citing revenue growth and structural tailwinds in demat and transaction activity.

The note rates Avalon Technologies BUY at CMP Rs 2,161 with a target of Rs 2,740 (27% upside), citing its shift toward higher-value EMS segments and a FY26 order book of Rs 2,200 crore.

The note says the new UPI MDR creates a monetisation opportunity for Paytm's merchant payments business and expects PAT of Rs 10.2bn/Rs 19.2bn for FY27/28E, calling it Positive and an MTF stock at CMP Rs 1,730.

The note reports Peak XV Partners and Sequoia Capital are reportedly looking to sell up to 10.02 crore shares (1.6% stake) via a Rs 1,918 crore block deal at Rs 191.45/share.

The note says R R Kabel commenced commercial production at its new Silvassa wires and cables unit with initial capacity of 12,000 MTPA, expandable to 18,000 MTPA by December 2026.

The note says Saatvik Green Energy secured a Rs 1,041.63 crore order from SECI to manufacture and supply 600 MWp of solar PV modules, with execution by December 2027.