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Research notes

What India's research desks published, reported with attribution and linked to the original notes. Orivam issues no recommendations of its own.

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2516 notes · all time

29 Oct 2026, 11:00 IST PNB Housing Finance Limited Jainam Broking Limited

The report states PNB Housing Finance's net profit rose 6% to ₹617 crore and NII rose 15% to ₹878 crore for Q2 ended September 2026.

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29 Oct 2026, 10:20 IST Multi Commodity Exchange of India Limited HDFC Securities Ltd BUY target 58

The report recommends buying the MCX 3500 Call with a target of 58 and stop-loss of 29 over a horizon of up to 10 days, citing a breakout from range-bound consolidation, rising volumes, positive candlestick formation and positive momentum oscillator readings.

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29 Oct 2026, 09:13 IST Anant Raj Limited Tata Asset Management Pvt. Ltd. (Tata Mutual Fund)

The report notes Anant Raj received RERA approval for a Gurugram project and announced plans to develop 357 MW of data centre capacity.

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29 Oct 2026, 09:13 IST Tata Projects Tata Asset Management Pvt. Ltd. (Tata Mutual Fund)

The report notes Tata Projects secured an order from Gujarat State Fertilizers & Chemicals to build an acid complex in Gujarat.

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29 Oct 2026, 09:13 IST JSW Greentech Tata Asset Management Pvt. Ltd. (Tata Mutual Fund)

The report notes JSW Greentech secured an order from JSW Cement to supply 100 AmpStar trucks.

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29 Oct 2026, 09:13 IST Subros Limited Tata Asset Management Pvt. Ltd. (Tata Mutual Fund)

The report notes Subros secured a Rs 1,225 crore HVAC supply contract from Maruti Suzuki India for two vehicle models over about seven years.

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29 Oct 2026, 09:13 IST GAIL India Tata Asset Management Pvt. Ltd. (Tata Mutual Fund)

The report notes GAIL India will invest Rs 600 crore in a heating unit at its Ratnagiri LNG terminal, expected to be completed by June 2027.

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29 Oct 2026, 09:13 IST Trent Limited Tata Asset Management Pvt. Ltd. (Tata Mutual Fund)

The report lists Trent among the top gainers on 28 October.

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29 Oct 2026, 09:13 IST Infosys Limited Tata Asset Management Pvt. Ltd. (Tata Mutual Fund)

The report lists Infosys among the top losers on 28 October, down 1.55-3.43% along with other names in that group.

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29 Oct 2026, 07:55 IST Allied Blenders and Distillers Limited HDFC Securities REDUCE target INR 685

The report downgrades Allied Blenders and Distillers to Reduce from ADD with an unchanged Sep-27 target price of INR685, citing limited valuation upside, leveraged balance sheet from rising capex, and execution risks despite better-than-expected Q2 revenue and earnings growth.

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29 Oct 2026, 07:50 IST Hindustan Unilever Limited HDFC Securities REDUCE target INR 1,925

The report maintains a REDUCE rating on HUL with a Sep-27 target price of INR1,925 (36x P/E, ~30% discount to 5Y/10Y average forward P/E), citing in-line Q2FY27 results, margin stress from gross margin contraction, reduced A&P spends raising strategic concerns, and a narrowing moat with muted earnings outlook despite 15% revenue growth and 7% underlying volume growth in the quarter.

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