BROKERS CHOICE: MAHINDRA, TITAN, ASTRAL, TATASTEEL, JINDALSTL, SIEMENS

AHMEDABAD, 1 JANUARY, 2026: અગ્રણી બ્રોકરેજ હાઉસ તથા ફંડ હાઉસ તરફથી પસંદગીના સ્ટોક્સમાં ખરીદી\ વેચાણ\ હોલ્ડ કરવા માટે ભલામણ કરવામાં આવી છે. તે રોકાણકારોના અભ્યાસ માટે અત્રે રજૂ કરીએ છીએ.

Kotak on M&M: Maintain Buy on Company, target price at Rs 4350/Sh (Positive)

MOSL on Kotak Bank: Maintain Buy on Bank, target price at Rs 2500/Sh (Positive)

UBS on Titan: Maintain Buy on Company, raise target price at Rs 4700/Sh (Positive)

Equirus on Astral: Maintain Buy on Company, target price at Rs 1799/Sh (Positive)

HSBC on Steel Sector: Re-rating likely; but earnings upgrades would need lower Chinese exports (Positive)

MS on Steel Sector: Re-rating likely; but earnings upgrades would need lower Chinese exports. Domestic HRC prices stand at 9% discount if we incorporate safeguard duty. JSW Steel & SAIL look best positioned, followed by Tata Steel & Jindal Steel (Positive)

GS on Auto Sector: Adjusting for deferred demand 4Ws, 2Ws have grown +18%/+21% YoY since GST cut. Q4FY26 vol growth in 2Ws/Cars should moderate slightly from this level. Cars continue to outgrow 2Ws with +27% YoY growth in Dec vs 13% for 2Ws (Positive)

Citi on Financials: Corporate Lending sustained 0.7% MoM, propelling YoY growth & signalling robust traction. Credit Cards outstanding declined 2.3% MoM, moderating YoY growth to 2.4%. (Neutral)

MS on India Economics: It is tracking at ~62.3% of the FY26 budgeted target. Fiscal deficit widened to 4.9% versus 4.8% MoM during the November (Neutral)

Axis on Vodafone Idea: Maintain Reduce on Company, target price at Rs 9.45/Sh (Neutral)

Equirus on Siemens Energy: Maintain Reduce on Company, target price at Rs 2695/Sh (Neutral)

(Disclaimer: The information provided here is investment advice only. Investing in the markets is subject to risks and please consult your advisor before investing.)

(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ/ ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)