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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.

1793 notes · 01 Oct 2026, 00:00 to 01 Nov 2026, 00:00 IST

10 Oct 2026, 07:26 IST Poonawalla Fincorp Limited HDFC Securities REDUCE target INR 395

The report says PFL's earnings beat estimates on NIM reflation but credit costs remain elevated, and it maintains a REDUCE rating with a revised target price of INR395 as the RoE profile is likely to stay sub-par.

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09 Oct 2026, 16:42 IST CSDL Mirae Asset Sharekhan SELL

The Momentum Swing section lists a sell call on CSDL October futures with sell price 1258.60, reversal 1285.00 and targets 1232.00/1220.00, currently showing a -0.47% P/L.

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09 Oct 2026, 16:42 IST Radico Khaitan Limited Mirae Asset Sharekhan BUY target Rs 4790.00

The Momentum Swing section lists a buy call on RADICO October futures with buy price 4586.20, stop loss 4493.00 and targets 4700.00/4790.00, currently showing a -0.25% P/L.

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09 Oct 2026, 16:42 IST The Federal Bank Limited Mirae Asset Sharekhan BUY target Rs 338.00

The Momentum Swing section lists a buy call on FEDERALBNK October futures with buy price 327.80, stop loss 321.00 and targets 334.00/338.00.

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09 Oct 2026, 16:42 IST Bajaj Finance Limited Mirae Asset Sharekhan BUY target Rs 1014.00

The Momentum Swing section lists a buy call on BAJFINANCE October futures with buy price 966.50, stop loss 949.00 and targets 992.00/1014.00, currently showing a -0.26% P/L.

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09 Oct 2026, 16:42 IST Dabur India Limited Mirae Asset Sharekhan BUY target Rs 400.00

The Momentum Swing section lists a buy call on DABUR October futures with buy price 385.10, stop loss 377.00 and targets 394.00/400.00.

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09 Oct 2026, 16:42 IST Hindustan Unilever Limited Mirae Asset Sharekhan BUY target Rs 1930.00

The Momentum Swing section lists a buy call on HUL October futures with buy price 1862.90, stop loss 1830.00 and targets 1907.00/1930.00.

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09 Oct 2026, 16:42 IST REC Limited Mirae Asset Sharekhan Buy target Rs 324.00

The Smart Charts section lists a buy call on RECLTD with buy price 299.15, stop loss 287.00 and targets 313.00/324.00.

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09 Oct 2026, 14:32 IST Cognizant HDFC Securities

The report notes Cognizant was among the eight companies suspended from the PERM program alongside the four Indian IT firms.

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09 Oct 2026, 14:32 IST Mastek Limited HDFC Securities BUY target Rs 1,920

The report lists Mastek in its valuation comparison table without specific commentary on the PERM issue.

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09 Oct 2026, 14:32 IST Sonata Software Limited HDFC Securities BUY target Rs 340

The report lists Sonata Software in its valuation comparison table without specific commentary on the PERM issue.

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09 Oct 2026, 14:32 IST BIRLASOFT LIMITED HDFC Securities ADD target Rs 365

The report lists Birlasoft in its valuation comparison table without specific commentary on the PERM issue.

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09 Oct 2026, 14:32 IST Cyient Limited HDFC Securities BUY target Rs 1,450

The report lists Cyient in its valuation comparison table without specific commentary on the PERM issue.

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09 Oct 2026, 14:32 IST Tata Elxsi Limited HDFC Securities ADD target Rs 3,900

The report lists Tata Elxsi in its valuation comparison table without specific commentary on the PERM issue.

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09 Oct 2026, 14:32 IST MphasiS Limited HDFC Securities ADD target Rs 2,840

The report notes Mphasis filed 132 PERM applications in FY25 and was not among the suspended firms.

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