Axis Securities has a ‘buy’ recommendation on V-Mart Retail with a target price of Rs 4,180 (+8%). Analysts said that the value retailer’s losses from Limeroad’s acquisition are reducing while its new store additions are on track. It’s also redefining affordable fast-tracking fashion for Gen-Z while footfalls in its stores are expected to go up.
Yes Securities has a ‘buy’ recommendation on Godawari Power & Ispat with a target price of Rs 284 (+33%). Analyst at the brokerage house feels Godawari Power’s move to acquire 51% stake in Jammu Pigments gives the acquirer an entry into the non-ferrous metal recycling sector, one that is expected to be a theme for the future.
Elera Securities has a ‘buy’ recommendation on InterGlobe Aviation (Indigo Airlines) with a target price of Rs 5,309 (+21%). Analysts feel after a lag of a few years, demand for air travel is set to strengthen from FY26 due to addition of new airports in Delhi and Mumbai by April ’25, Indigo’s aircraft fitted with Pratt & Whitney returning to operations and terminal expansion in Bengaluru, Chennai, Ahmedabad and Kolkata by FY27-28.
ICICI Securities has maintained its ‘add’ rating on Emami with a price target of Rs 680 (+20%). Analysts feel that acquisitions are going to be one of the growth drivers for the company. It has also put on priority the process of revival of some of its stronger brands.
SBI Securities, Nirmal Bang Securities and Bajaj Broking have given ‘subscribe’/’subscribe for long term’ ratings on the IPO for Unimech Aerospace & Manufacturing. The company is into providing engineering solutions, specializing in manufacturing and supply of critical parts and other precision engineered components for aerospace, defence, energy and semiconductor industries. The Rs 500-crore offer is closing on December 26.
Disclaimer: The opinions, analyses and recommendations expressed herein are those of brokerages and do not reflect the views of The Times of India. Always consult with a qualified investment advisor or financial planner before making any investment decisions.