02 Jun 2025
Signatureglobal
Axis Direct
Target
1102.50
1330.00
1229.20
(-10.31%)
20.63
Buy
Broker Report
We recommend a BUY rating on the stock with a target price of Rs 1,330/share, implying an upside of 10% from the CMP.
02 Jun 2025
Market Movement
Axis Direct
Top Picks
Broker Report
We recommend the following stocks: HDFC Bank, ICICI Bank, Shriram Finance, Avenue Supermarts, State Bank of India, Lupin, Hero Motocorp, Max Healthcare, Colgate, Kalpataru Projects, APL Apollo Tubes, Varun Beverages, Bharti Airtel, Prestige Estates, and Sansera Engineering
30 May 2025
SAIL
Axis Direct
Reco
122.88
130.00
129.18
(-4.88%)
Target met
Hold
Broker Report
We downgrade our rating on the stock to HOLD.
30 May 2025
Construction Materials
Axis Direct
Sector Update
Broker Report
Top Conviction Ideas - UltraTech Cement Ltd., JK Cement Ltd., Birla Corporation Ltd.
30 May 2025
Bajaj Auto
Axis Direct
Target
8816.50
9890.00
8607.00
(2.43%)
12.18
Buy
Broker Report
We maintain our BUY rating on the stock.
30 May 2025
Welspun Living
Axis Direct
Target
122.18
170.00
132.66
(-7.90%)
39.14
Buy
Broker Report
We maintain our BUY rating on the stock with an upside potential of 16% from the CMP.
30 May 2025
NLC
Axis Direct
Target
236.61
300.00
241.72
(-2.11%)
26.79
Buy
Broker Report
Our outlook since our note release date of 20th May, 2025, remains unchanged. We maintain our BUY rating on the stock.
30 May 2025
Juniper Hotels
Axis Direct
Target
282.70
380.00
307.55
(-8.08%)
34.42
Buy
Broker Report
We maintain our BUY rating on the stock and value it at an EV/EBITDA of 18x for FY27E to arrive at a target Rs 380/share price
30 May 2025
Heidelberg Cement
Axis Direct
Target
220.40
175.00
197.49
(11.60%)
20.60
Sell
Broker Report
We maintain our SELL rating on the stock and roll over our estimates to FY27.
30 May 2025
World Economy and Markets
Axis Direct
Daily Note
Broker Report
Asian Markets are trading negatively following inflation fears, along with a slowing US economy and uncertainties surrounding Trump's reciprocal tariffs. Nikkei, Hang Seng, and Shanghai are trading negatively by 1.33%, 1.53%, and 0.58%, respectively.