Axis Direct Broker Research reports

We recommend a BUY on the stock with a TP of Rs 1,900/share, implying an upside of 10% from the CMP

Asian markets were mixed today. Japan's Nikkei advanced 0.6% after hitting a record high on Thursday, while the Topix was flat. South Korea's Kospi jumped 2.8% after crossing the 9,000 mark for the first time. Australia's ASX 200 declined 0.74%. Markets in China, Hong Kong, and Taiwan remained..

Asian markets are trading steady to mixed on Wednesday as investors assess U.S. Federal Reserve policy signals and a regional boost from energy developments. Nikkei is trading higher at 71,088, while Hang Seng is trading lower by 1.6% at 23,909, and Shanghai is trading negative by 0.04% at 4,108.

Considering the company's promising growth outlook, we recommend a BUY on the stock with a target price of Rs 3,340/share, implying a 10% upside potential from the CMP.

Asian markets are trading mixed to positive on Wednesday, supported by positive global cues. Nikkei and Shanghai indices are trading higher by 0.31% and 0.12%, respectively, while Hang Seng is trading lower by 0.38%.

We value the company at 34x FY28E EPS, and recommend a BUY rating on the stock with a TP of Rs 1,055/share, implying an upside of 10% from the CMP.

Asian markets are trading slightly lower on Tuesday, tracking mixed cues from Wall Street and reflecting a cautious stance ahead of the U.S. Federal Reserve's policy meeting starting later today. Nikkei, Hang Seng, and Shanghai indices are trading lower by 0.19%, 1.02%, and 0.22%, respectively.

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Asian markets are trading significantly higher on Monday, tracking gains on Wall Street and reacting to the breakthrough U.S.-Iran draft truce deal, which has eased geopolitical tensions in the Middle East. Nikkei, Hang Seng, and Shanghai indices are trading higher by 5.3%, 0.7%, and 1.1%.

We maintain our BUY recommendation on the stock with an unchanged TP of Rs 86/share (1.3x FY28E ABV), implying an upside of 20% from the CMP, backed by attractive valuations.

Asian markets are trading higher, taking cues from the positive momentum in U.S. markets after indications of easing geopolitical tensions in the Middle East. Investor sentiment improved following reports that U.S. President Donald Trump shelved proposed military action against Iran.

We maintain our BUY on the stock and value the company at a 19x multiple to its FY28E earnings to arrive at a TP of Rs 1,065/share, implying an upside of 43% from the current levels.

Asian markets traded mixed as investors remained cautious amid rising tensions in the Middle East and higher crude oil prices. The Hang Seng is trading higher by 0.28% while Shanghai and Nikkei are trading negative by 0.28% and 0.12%, respectively.

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We reiterate our BUY rating on State Bank of India with a Target Price of Rs 1,280/share, offering an attractive 28% upside potential from the CMP.

Asian markets are trading lower, reflecting weakness in U.S. technology stocks and heightened geopolitical concerns following reports of U.S. military action against Iran after an Apache helicopter-related incident. Nikkei, Hang Seng, and Shanghai are trading lower by 0.89%, 0.48%, and 0.27%.

Asian markets are trading mixed, with broader sentiment improving following indications of a de-escalation in hostilities between Israel and Iran. Investors welcomed signs of easing geopolitical tensions, supporting a recovery across several regional markets after the previous session's weakness.

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Asian markets are trading lower, as escalating geopolitical tensions in the Middle East, coupled with sharp losses in U.S. technology stocks, have dampened investor sentiment. Nikkei, Hang Seng, and Shanghai are trading lower by 4.35%, 1.69%, and 1.30%, respectively.