BROKERS CHOICE: DELHIVERY, BAJAJAUTO, PAYTM, SBI Life, ICICI Pru, INDIAN BUDGET

AHMEDABAD, 2 FEBRUARY: 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.

Jefferies on Delhivery: Upgrade to Buy on Company, raise target price at Rs 525 (Positive)

JP Morgan on Delhivery: Maintain Overweight on Company, target price at Rs 600 (Positive)

Bernstein on Bajaj Auto: Maintain Buy on Company, raise target price at Rs 11500 (Positive)

Citi on PayTM: Maintain Buy on Company, target price at Rs 1375 (Positive)

CLSA on IT Sector: Buyback taxation tax changes could incentivize IT service companies to undertake share buybacks. (Positive)

Mirae Asset on Transport Sector: Transport remains the largest sector allocation, supporting logistics volumes (Positive)

Citi on Capital Goods Sector: Capex growth re-accelerates across key ministries. Rail, Road, Defence capex growth improves vs FY26 trend. Medium-term positives: High-speed rail & DFC announcements, data centre ecosystem push & manufacturing scale-up in electronics, industrials (Positive)

HDFC Securities on India Budget: Steady, disciplined and supportive of long-term growth themes (Neutral)

BofA on India Union Budget: Fiscal policy turns less contractionary as expected (Neutral)

Jefferies on India Union Budget: India Budget — A pragmatic approach, no fireworks. Negative for NBFCs, Capital market stocks and Dixon. Positive for Infra, Electronic goods, Paytm (Neutral)

Citi on India Union Budget: Focusing on strategic foundations and macro stability. Overall negative for Brokers, Exchanges and PSU Banks. Positive on Industrials, OMCs, Cables (Neutral)

GS on India Union Budget: Fiscal consolidation with a clear focus on stability over growth (Neutral)

Nuvama on India Union Budget: Gross fiscal deficit set at 4.3% of GDP (vs 4.4% in FY26), indicating slower fiscal consolidation (Neutral)

MS on Insurance stocks: Budget relief boosts near-term outlook amid pre budget nervousness in this sector. SBI Life, ICICI Pru and HDFC Life are short term preference (Neutral)

GS on Defence stocks: Overall defence budget up 7% YoY at ₹7.85 lk cr, ahead of est of ₹7.75 lk cr. Other equipment like missiles, ammo, radar, electronics up 62% YoY to ₹82,200 cr, key highlight. Stock implications on Direct beneficiaries: SolarInd, BEL, Bharat Dynamics (Neutral)

MS on Dixon: Maintain Underperform on Company, target price at Rs 8157 (Neutral)

Bernstein on Capital market stocks: Expect sentiment around the derivatives trading value chain to be soft and some volume impact (Negative)

CLSA on Capital market stocks: Expect sentiment around the derivatives trading value chain to be soft and some volume impact (Negative)

Jefferies on Capital market stocks: STT hike largely manageable, industry checks suggest around 5% volume impact. 5% drop in Avg Daily Turnover/orders could mean around 4% earnings impact for BSE and Grow (Negative)

MS on Coal India: Weak offtake and rising competition keep earnings risks elevated (Negative)

(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.)