Research notes

The report notes a long buildup in Kotak Bank with price up 3.81% and rising OI.

The report notes a long buildup in Bank of Baroda with price up 3.95%.

The report notes a long buildup in Bandhan Bank with price up 4.34% and rising cumulative OI.

The report says Bank Nifty futures gained 1.18%, closed above its 20-day EMA with short covering, and sees resistance at 55400-55500 and support at 54500-54400, with the broader short-term trend seen as constructive above support.

The report says Nifty futures broke out of consolidation with short covering, improved PCR to 1.44, and a drop in India VIX, keeping near-term bias positive with resistance at 23080-23100 and support at 22830-22800.

The report maintains a BUY rating with a Sep-27 target price of INR 1,750, citing expected double-digit revenue growth and 20%+ earnings growth in H2FY27 on improved execution and easing regulatory headwinds, despite a weak Q2FY27 print with EBITDA down 4% and adjusted PAT down 6% YoY.

The report maintains a BUY rating with a Sep-27 target price of INR 1,000 based on 35x P/E, while flagging near-term margin headwinds from inflation and a 7% cut to FY27 earnings estimates.

The report states that Q4FY25 revenue grew 4.6% YoY to Rs 1,701 crs led by sugar segment growth, while EBITDA margin declined 100bps YoY to 19.6% and PAT fell 4.2% YoY to Rs 205 crs, and recommends investors book profits given the stock's 200%+ rally since initial coverage while remaining constructive on long-term prospects.

The report gives a trading idea to buy Tanla Platforms at 600 with a stop-loss of 573 and target of 660 over 2-3 weeks.

The report lists SBI among preferred buying bets on the stock front within Bank Nifty.

The report lists Kotak Mahindra Bank among preferred buying bets on the stock front within Bank Nifty.

The report lists ICICI Bank among preferred buying bets on the stock front within Bank Nifty.

The report says Bank Nifty gained 1.18% led by private banks and could recover towards 55,977, with 54,000 as key support.

The report says Nifty gained 1.05% and may extend its recovery towards the 50-SMA, maintaining a bullish trading view with a stop-loss at 22,800.

The report recommends investors book profits in IDFC First Bank, citing conditional margin recovery, diluted deposit quality, and thin returns despite a strong headline Q2FY27 PAT of ₹10.45bn and improved asset quality.

The report maintains an ADD rating with a target price of INR 2,610 (34x Q2FY29E, implying EV/E at 21x), citing focus on chronic-led growth, BSV scale-up, consumer wellness turnaround, and the long-term CAR-T bet via ACTx acquisition.

The report states United Spirits reported a net profit of ₹462 crore and revenue of ₹7,001 crore for the September quarter.

The report states JSW Energy's consolidated net profit rose over 38% YoY to ₹1,141 crore in the September quarter on higher revenues.

The report states Anant Raj received RERA certification from Haryana RERA, Gurugram for a planned luxury residential project.

The report states SAT set aside a ₹1.49 crore penalty imposed on Ventura Securities by MCX for alleged client-level open position limit violations.

The report states Meesho's net loss narrowed to ₹132.4 crore in Q2 FY27 from ₹411.4 crore a year earlier.

The report states Ola Electric's ₹1000 crore rights issue was fully subscribed as of market close.

The report states Hero MotoCorp's consolidated profit after tax rose 42% YoY to ₹1,861 crore versus ₹1,308 crore a year earlier.

The report states Hyundai Motor's net profit declined 23.9% to ₹1,196.5 crore in Q2 FY27 due to rising raw material costs.

The report states the TVS Motor board approved demerger of its consumer finance and related business into a separate entity, Harita ARC.