24 Apr 2025
Tata Consumer
BOB Capital Markets Ltd.
Target
1115.80
1325.00
1161.30
(-3.92%)
18.75
Buy
Broker Report
Tea market share losses to unorganised / regional players are limiting inflation pass-through. Margin recovery now reliant on deflation
24 Apr 2025
MindTree
BOB Capital Markets Ltd.
Reco
Target
3433.85
3837.00
3433.85
-11.74
Sell
Broker Report
Venu Lambu, part of erstwhile Mindtree, joins as CEO. Strategies sound similar. Only execution matters as LTIM has not lived up to promise
23 Apr 2025
Havells
BOB Capital Markets Ltd.
Target
1501.10
1770.00
1612.00
(-6.88%)
17.91
Hold
Broker Report
Q4 Revenue grew 20% YoY/34% QoQ, driven by strong performances in Lloyd (+39% YoY) and C&W (+21% YoY)
23 Apr 2025
Au SF Bank
BOB Capital Markets Ltd.
725.00
717.00
665.45
(8.95%)
Target met
Buy
Broker Report
Advances growth driven by secured loans; deposit growth was strong compared to system levels
23 Apr 2025
HCL Technologies
BOB Capital Markets Ltd.
Target
1635.60
1320.00
1594.00
(2.61%)
19.30
Sell
Broker Report
4QFY25 was peer beating. FY26 revenue guide assumes flattish CQGR at lower end; does not square up against the cautious commentary
21 Apr 2025
HDFC Bank
BOB Capital Markets Ltd.
Target
1931.80
2213.00
1927.10
(0.24%)
14.56
Buy
Broker Report
CD ratio continued to moderate with slowdown in credit growth, while deposit growth higher than system growth
20 Apr 2025
Adani Ports
BOB Capital Markets Ltd.
1432.40
1490.00
1259.40
(13.74%)
4.02
Buy
Broker Report
ADSEZ expands globally with non-cash acquisition of NQXT from promoter entity; deal results in 6.2% dilution for existing shareholders
20 Apr 2025
ICICI Bank
BOB Capital Markets Ltd.
Target
1437.80
1620.00
1406.70
(2.21%)
12.67
Buy
Broker Report
Steady credit growth at 13% YoY, largely led by the Business Banking segment. Higher NIMs and lower provisions aided PAT
18 Apr 2025
HDFC Life Insurance
BOB Capital Markets Ltd.
Target
757.95
900.00
720.05
(5.26%)
18.74
Buy
Broker Report
HDFCLIFE reported below expectations APE growth of 9.7% YoY in Q4FY25 (up 17% YoY in FY25)
18 Apr 2025
Infosys
BOB Capital Markets Ltd.
Target
1543.20
1485.00
1419.50
(8.71%)
Target met
Hold
Broker Report
Both 4QFY25 and FY26 guidance were weaker than expected. The ~25% CYTD stock decline possibly prices some of that in