Stock Picks Today: Divi’s Labs, Apollo Hospitals, IDFC First Bank And More On Brokerages’ Radar
A host of global and domestic brokerages have released fresh views on Divi’s Labs, Apollo Hospitals, IDFC First Bank and more ahead of Tuesday’s session.
Pharmaceuticals Sector
The pharmaceuticals sector is expected to see robust long-term prospects, but short-term selectivity is advised. CY25 was challenging for Indian CRDMOs due to destocking pressures. However, CY26 is expected to remain mixed with volatility from patent expiries.
Banking Sector
IDFC First Bank remains a leader in savings account mobilisation, with multiple levers supporting further ROA expansion. The bank is a top pick for Investec.
Telecom Sector
The telecom sector is expected to see growth driven by Bharti Airtel and Indus Towers. The sector is expected to see steady growth, with 5G adoption driving growth.
Economy and Markets
India’s valuations are reasonable in a relative context, with optimism for 2026 driven by financials as NIMs bottom and credit growth accelerates. The Nifty Dec-26 target is 28,500, with revenue and profit growth expected in mid-single digits.
Top Picks and Sectors to Watch
The top picks for the week include Divi’s Labs, Sai Life Sciences, and IDFC First Bank. The sectors to watch include pharmaceuticals, telecom, and banking.