Axis Direct Broker Research reports

Asian Markets are trading in the green on the back of the US Federal Reserve's 25 bps rate cut. Nikkei, Hang Seng and Shanghai are all trading positively by 0.88%, 0.11% and 0.11%, respectively.

Asian Markets are trading mixed after Wall Street declined as investors await the Fed meeting decision. Nikkei and Hang Seng are both trading positively by 0.18% and 0.69%, respectively, whereas Shanghai is trading negatively by 0.09%.

We recommend a BUY on the stock with a target price of Rs 1,461/share, implying an upside of 10% from the CMP.

Asian Markets are trading higher after President Donald Trump said that US-China trade negotiations in Spain were progressing well. Nikkei, Hang Seng, and Shanghai are all trading positively by 0.20%, 0.55%, and 0.19%, respectively.

We value GR Infraprojects at a Target Price of Rs 1,540 per share, implying an upside of 21% from the CMP, and reiterate our BUY recommendation.

We reiterate our BUY recommendation on the stock with a TP of Rs 190/share, offering a 28% upside from the CMP.

Asian Markets are trading mixed as investors watch the US-China talks in Spain. Nikkei and Hang Seng are both trading positively by 0.89% and 0.16%, respectively, whereas Shanghai is trading negatively by 0.06%.

We recommend a BUY on the stock with a target price of Rs 214/share, implying an upside of 10% from the CMP.

We reiterate our BUY recommendation on JK Lakshmi Cement Ltd., with a TP of Rs 1,050/share, offering an upside of 16% from the CMP.

Asian markets are trading higher, mirroring overnight gains on Wall Street. Global Equities have been rallying as easing inflation pressures and expectations for U.S. rate cuts, lifting investor sentiment. Nikkei, Hang Seng and Shanghai are trading higher by 0.54%, 1.60% and 0.20%, respectively.

Special Situation Alpha - Infosys Ltd - Buyback

Asian markets are trading mixed, after a rally on Wall Street drove stocks and bonds higher, supported by easing U.S. producer prices that strengthened expectations of a Fed rate cut next week. Nikkei is trading higher by 0.66%, while Hang Seng and Shanghai are trading lower by 1.17% and 0.38%

Asian Markets are trading higher ahead of key August inflation data from China. The Nikkei, Hang Seng, and Shanghai are trading positively by 0.25%, 0.54%, and 0.13%, respectively.

We believe at 1.2x FY27E ABV, the risk-reward is favourable and impeccable execution of the strategy should drive stock performance. We recommend a BUY on the stock with a target price of Rs 53/share, implying an upside of 20% from the CMP.

We recommend a BUY on Happiest Minds Technologies Ltd. with a Target Price of Rs 690/share, offering an upside potential of 23% from the current market price.

Asian markets are trading mostly higher, mirroring Wall Street's positive close. Japan's Nikkei hit a record high, extending gains for the second consecutive session after the country's Prime Minister Shigeru Ishiba announced his resignation. Nikkei and Hang Seng are trading higher by 0.46% an..

Asian markets are trading higher, as investors reacted to Japan Prime Minister Shigeru Ishiba's resignation announcement over the weekend, and awaited key regional data, including China's August trade numbers. Nikkei, Hang Seng, and Shanghai are trading higher by 1.82%, 0.41%, and 0.42%.

We recommend a BUY rating on the stock with a TP of Rs 250/share, implying an upside of 10% from the CMP.

Arrive at a revised TP of Rs 5,960/share (earlier from Rs 5,900/share). Hence, we maintain a BUY rating on the stock, with an 11% upside from the CMP.

Arriving at a revised TP of Rs 3,810 (Earlier: Rs 3,085), implying an upside of 11% from the CMP. We hence maintain our BUY rating on the stock.