Name: Latest research reports of Bank of Maharashtra authored by IDBI Capital and published by - Trendlyne research reports.
Item: Bank of Maharashtra
Rating: 5
Author: IDBI Capital

Bank of Maharashtra

22 Apr 2026, 12:00AM

79.76

-0.52%

TECHNICAL PICK UPDATE 02 : MAHABANK

Buy: Bank of Maharashtra

Target

IDBI Capital

Bank of Maharashtra has formed a classic Cup and Handle pattern on the weekly timeframe, indicating a potential trend reversal and medium-term continuation on the upside. The stock witnessed a rounded bottom formation over the past several months, followed by a shallow consolidation (handle) near the breakout zone. This structure reflects strong accumulation at lower levels and gradual improvement in price...

Number of FII/FPI investors increased from 230 to 269 in Mar 2026 qtr.

HCL Technologies Ltd.

22 Apr 2026, 12:00AM

1285.30

-10.82%

HCL Technologies: Q4FY26 Result Review

Hold: HCL Technologies Ltd.

Target

IDBI Capital

HCL Tech posted Q4FY26 revenue of USD 3.68bn, down 3.3% QoQ but up 2.4% YoY, due to telecom client discretionary spend cuts and discontinuation of two SAP programs. Services held relatively firm at -0.1% QoQ (+4.2% YoY), while Software fell sharply 28% QoQ on seasonality and delayed procurement. EBIT margin came in at 16.5% (17.7% ex restructuring). For full-year basis, revenue grew 3.9% in constant currency to USD 14.7bn with services growing 4.8% mainly driven by IT & Business (+3.7% YoY) and ER&D (9.8% YoY). The AI narrative remains a key differentiator; annualized Advanced AI revenue reached USD 620mn, AI Force deployed across 75...

HCL Technologies has lost -23.61% in the last 3 Months

HCL Technologies Ltd.

22 Apr 2026, 12:00AM

1285.30

-10.82%

Result Update:HCL Technologies

Hold: HCL Technologies Ltd.

Recommendation Target

Axis Direct

We recommend a HOLD rating on the stock

HCL Technologies has lost -10.08% in the last 1 Week

Nestle India Ltd.

22 Apr 2026, 12:00AM

1395.80

1.15%

Result Update:Nestle India

Buy: Nestle India Ltd.

Target

Axis Direct

We remain optimistic about the company's long-term prospects. We maintain our BUY rating on the stock with a TP of Rs 1,640/share, implying a 19% upside potential from the CMP.

Nestle has gained 13.84% in the last 1 Week

Persistent Systems Ltd.

22 Apr 2026, 12:00AM

5073.30

-4.81%

Result Update:Persistent Systems

Buy: Persistent Systems Ltd.

Target

Axis Direct

We maintain our BUY rating on the stock.

Persistent Systems Ltd.'s price crossed below 50Day SMA today

World Economy and Markets

TREND | 22 Apr 2026, 12:00AM

Daily Fundamental View:April 22, 2026

World Economy and Markets

Axis Direct

Asian Markets opened broadly lower as Trump extended the Iran ceasefire, prolonging uncertainty. Iran skipped talks, stalling U.S. engagement efforts. Oil rose while U.S. futures climbed, signalling mixed investor sentiment.

Axis Direct released a Daily Note report for World Economy and Markets on 22 Apr, 2026.

Jubilant Ingrevia Ltd.

22 Apr 2026, 12:00AM

698.95

6.10%

Initiating Coverage:Jubilant Ingrev.

Buy: Jubilant Ingrevia Ltd.

Axis Direct

The Research Team at Axis Securities is pleased to initiate coverage on Jubilant Ingrevia Ltd with a BUY recommendation and a Target Price of Rs 800/share, implying an upside potential of 21% from the CMP.