Stock Picks Today: Paytm, Vodafone Idea, Sun Pharma, Adani Port On Brokerage Radar
One97 Communications Ltd., Vodafone Idea Ltd., Sun Pharmaceuticals Ltd., Adani Port and Special Economic Zone Ltd., and Grasim Industries Ltd. are among companies that have drawn commentary from top brokerages on Thursday.
Analysts have tweaked share price targets after these companies announced their September quarter results.
Paytm: A Preferred Pick in the Financials Sector
Jefferies maintains a Buy rating and raises the target price to Rs 1,600 from Rs 1,420. The brokerage reports healthy growth in core revenues and profits, with new business lines expected to enhance monetisation and option value. Paytm is expected to see a 24% CAGR in revenues and Ebitda margin expansion over FY25–28, making it a preferred pick in the financials sector. For more information on Paytm share price, visit our website.
Vodafone Idea: Operational Beat and Improving Management Commentary
UBS maintains a Neutral rating with a target price of Rs 1,250. The brokerage notes a small operational beat but improving management commentary. The merchant business continues to gain traction, with the beat driven by financial services revenue and lower ESOP costs. Vodafone Idea has relaunched its postpaid offering, while merchant loans remained strong. Check out our analysis of Vodafone Idea stock price for more insights.
Sun Pharma: Strong Payment Margins and New Growth Drivers
Citi maintains a Buy rating and raises the target price to Rs 1,500 from Rs 1,215. The brokerage notes strong payment margins with new growth drivers emerging in the second quarter. The growth and Ebitda margin outlook remains robust, with key drivers including payment aggregation, credit on UPI, and equity broking. Learn more about Sun Pharma share price target and its implications for investors.
Adani Port: Driving Absolute Ebitda Growth through Integrated Logistics
Jefferies maintains a Buy rating and raises the target price to Rs 1,880 from Rs 1,815. The brokerage notes new port additions supporting volume growth, with a strategy focused on driving absolute Ebitda growth through integrated logistics. Capital allocation remains a key focus for Adani Port. Read our analysis of Adani Port stock price target and its potential impact on investors.
Grasim Industries: A Top Pick with Strong Ebitda Beat
Morgan Stanley maintains an Overweight rating with a target price of Rs 3,690. The brokerage notes a strong Ebitda beat driven by core businesses and new-age businesses also performing well. The paints segment showed accelerated quarterly market share gains, with anticipation of further ramp-up in the second half amid improved industry demand. Grasim remains a top pick, with potential for re-rating and sustained compounding over the medium term. Check out our insights on Grasim Industries stock price target for more information.
Conclusion
Indian investors and traders can stay ahead of the market curve by keeping an eye on these top brokerage picks. With a mix of established players and new growth drivers, these stocks have the potential to deliver strong returns in the long term. For more information on Indian stock market news and analysis, visit our website.