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Brokerage Reports: Axis Bank, Trent and STL Among Stocks With New Targets
C
CNBC Awaaz•06-10-2026, 08:07
Brokerage Reports: Axis Bank, Trent and STL Among Stocks With New Targets
- •Citi has issued a buy rating on Axis Bank with a target price of 1,620 rupees, highlighting strong deposit mobilization and advance growth.
- •Nomura initiated coverage on STL with a buy rating and a target of 1,350 rupees, driven by rising demand for Optical Fiber Cables.
- •HSBC maintained its buy rating on Trent with a target price of 3,390 rupees following strong revenue growth and store expansions.
- •Brokerage views are mixed on Godrej Consumer and Marico, with differing ratings and targets issued by CLSA and HSBC.
Key Questions Answered
Citi has issued a 'Buy' rating on Axis Bank with a target price of ₹1,620.
Nomura initiated coverage on STL with a 'Buy' rating and assigned a target price of ₹1,350.
Marico has decided to acquire an additional 24.09% stake in Satiya Nutraceuticals (Plix) for ₹1,010 crore, with plans to purchase a further 14.09% stake.
