Research notes

The report lists Adani Enterprises among the top gainers, up 3.53-4.71%.

The report lists Bharat Electronics among the top gainers, up 3.53-4.71%.

The report states most IT sector stocks witnessed significant short build-up or long unwinding amid profit booking, in contrast to broad-based buying in other sectors.

The report notes Bank Nifty futures closed 0.75% higher for a third straight positive session with fresh long build-up, but remains range-bound pending a decisive breakout, with resistance at 56800-56900 and support at 56400-56300.

The report states Nifty futures gained 0.80%, marking a fifth consecutive session of short covering with bullish PCR positioning and declining implied volatility, with resistance seen at 24370-24400 and support at 24230-24200.

The report notes Prince Pipes' Q2 revenue grew 38% YoY led by strong plumbing volumes and NSR expansion, with EBITDA margin expansion (detail truncated in text).

The report notes revenue growth led by exports and retains BUY with an unchanged target price despite margin contraction from freight and energy costs.

The report notes in-line topline growth with muted SSSG due to festive timing shift and maintains ADD with unchanged estimates.

The report maintains SELL citing underutilized capex platforms and margin pressure from a methylamines supply glut and Chinese dumping, despite a Q2 beat.

The report notes in-line revenue growth but margin decline from cost pressures, maintaining REDUCE pending execution under the new CEO.

The report describes a mixed quarter with NIM reflation offset by moderating disbursement growth and higher delinquencies, maintaining ADD with an unchanged target.

The report notes an EBITDA beat and raised growth/margin guidance from the company, maintaining ADD with a revised target price.

The report states profitability doubled on topline growth and improved underwriting, maintaining BUY despite flagging regulatory overhang from proposed commission reforms.

The report notes an EBITDA beat driven by volume and realization growth and reiterates BUY with a raised target price.

The report describes a mixed quarter with strong AUM growth offset by higher credit costs, maintaining ADD with a revised SoTP-based target price.

The report notes EBITDA growth in line with estimates on gross margin expansion and reiterates ADD with a revised target price.

The report highlights strong Q2FY27 revenue/EBITDA growth as volumes recovered and maintains BUY with a raised EPS estimate.

The report states EBITDA declined 8% YoY despite 11% sales growth due to higher costs, but maintains ADD with a revised target price.

The report notes strong Q2 topline and margin growth but maintains SELL citing heady valuations of ~80x Sep-28 EV/EBITDA.

The report says BSE's revenue fell 8.5% QoQ due to CAS-related weakness in options activity but cost discipline aided margins, and maintains ADD with a raised target price.

The report notes EBITDA grew only 8% YoY despite 29% YoY sales growth due to higher operating costs, but maintains ADD citing steady India/US growth, R&D monetization and Medtech scale-up.

The CTFT section notes a buy call on HYUNDAI from Nov 3 that already had booked profit, with a further target of 2065.

The CTFT section notes a buy call on HAPPSTMNDS from Nov 3 that already had booked profit, with a further target of 320.

The CTFT section lists a buy call on TRITURBINE from Nov 4 with stop loss 493 and targets of 507 and 515.

The CTFT section lists a buy call on SKYGOLD from Nov 4 with stop loss 915 and targets of 938 and 955.