12 Aug 2025
World Economy and Markets
Axis Direct
Daily Note
Broker Report
Asian Markets are mostly trading mixed as investors assess the US-China tariff truce extension overnight. The Nikkei and Shanghai are both trading positively, by 2.29% and 0.24%, respectively, whereas the Hang Seng is trading negatively by 0.16%.
12 Aug 2025
JK Lakshmi Cement
Axis Direct
Target
896.85
996.00
914.55
(-1.94%)
11.06
Buy
Broker Report
We recommend a BUY on the stock with a TP of Rs 996 /share, implying a 10% upside from the CMP
11 Aug 2025
Biocon
Axis Direct
Target
359.25
380.00
342.10
(5.01%)
5.78
Buy
Broker Report
We maintain our BUY rating on the stock with a target price of Rs 380/share, implying an 11% upside potential from the CMP.
11 Aug 2025
Global Health
Axis Direct
Target
1374.10
1550.00
1387.40
(-0.96%)
12.80
Buy
Broker Report
We maintain a BUY rating on Medanta, supported by the expected recovery from temporary business disruptions, improvement in ARPOB, and incremental bed capacity addition, including the Noida hospital, which is likely to be operational by the end of H1FY26E.
11 Aug 2025
Pitti Engineering
Axis Direct
973.60
1350.00
930.55
(4.63%)
38.66
Buy
Broker Report
We maintain our BUY recommendation on the stock.
11 Aug 2025
Camlin Fine Sciences
Axis Direct
Target
209.60
215.00
226.20
(-7.34%)
Target met
Hold
Broker Report
We maintain our HOLD rating on the stock.
11 Aug 2025
National Aluminium
Axis Direct
187.58
220.00
187.07
(0.27%)
17.28
Buy
Broker Report
We maintain our BUY rating.
11 Aug 2025
Signatureglobal
Axis Direct
Target
1100.30
1470.00
1110.30
(-0.90%)
33.60
Buy
Broker Report
With a 32% upside from the CMP, we maintain our long-term BUY rating on the stock.
11 Aug 2025
Equitas Small Finance Bank
Axis Direct
Target
52.94
69.00
53.69
(-1.40%)
30.34
Buy
Broker Report
We maintain our BUY recommendation on reasonable valuations.
11 Aug 2025
Manappuram Finance
Axis Direct
Reco
Target
266.00
255.00
256.55
(3.68%)
Target met
Hold
Broker Report
We revise our rating from BUY to HOLD