Research notes

The note says IndusInd's net advances grew 11.2% YoY beating estimates while deposits rose 10.1% YoY missing estimates, with CASA at 28.0% and FCNR(B) mobilisation of USD3.51b, and tags the view as Positive.

The note says Axis Bank's 2QFY27 gross advances grew 22.7% YoY beating estimates while deposits rose 20.7% YoY missing estimates, with CASA mix at 36.5% and CD ratio at 95.4%, and tags the view as Positive.

The note says Kotak's 2QFY27 net advances grew 24.7% YoY and deposits 23.2% YoY, both above estimates aided by FCNR(B) flows, though CASA fell to 38.2%, and tags the view as Positive.

The report's intraday quant strategy gives a MAZDOCK Sell idea at close price 2076 with SL 2097 and target 2055.

The report's intraday quant strategy gives an IREDA Sell idea at close price 108.9 with SL 110 and target 107.9.

The report separately lists a derivatives 2600 PE option buy on Trent in the buying range 97-98 with SL 88 and target 116, citing Short Buildup.

The report lists a 1200 PE option buy on Dr Reddy's in the buying range 30-31 with SL 27 and target 37, citing Short Buildup.

The report lists a 1440 PE option buy on Prestige in the buying range 43-44 with SL 39 and target 52, citing Short Buildup.

The report lists a 4750 CE option buy on HAL in the buying range 81-82 with SL 68 and target 108, citing Short Covering.

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%.