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Brokerage Reports: Vodafone Idea, Havells Among 6 Stocks with Recommendations and Targets
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CNBC Awaaz•01-10-2026, 08:00
Brokerage Reports: Vodafone Idea, Havells Among 6 Stocks with Recommendations and Targets
  • •CLSA has a 'Hold' rating on Vodafone Idea with a target price of ₹13 per share; the company plans to invest ₴45,000 crore in its network between FY2027-29.
  • •Citi has a 'Buy' rating on Havells with a target price of ₹1,525 per share; risk-reward balance has improved, and growth in cable and wire business is expected.
  • •Citi has a 'Buy' rating on LG Electronics with a target price of ₹2,025 per share; the company is achieving growth without significant margin pressure through a dual strategy.
  • •HSBC has a 'Hold' rating on Zydus Lifesciences with a target price of ₹1,100 per share; the launch of Saroglitazar in the US is a significant achievement, but sales growth is expected to be slow.
  • •Nomura suggests increased funding costs could reduce NBFCs' EPS by 1-12% in FY2027-28; Aadhar Housing Finance maintains a 'Buy' rating.
  • •Jefferies has a 'Buy' rating on Chalet Hotels with a target price of ₹965; the company has strong growth potential over the next five years due to existing and new projects.

Key Questions Answered

CLSA has assigned a 'Hold' rating to Vodafone Idea with a target price of ₹13 per share.

Citi has given a 'Buy' recommendation on Havells India with a target price of ₹1,525 per share.

Nomura expects that rising funding costs and interest rate hikes could lead to a 1-12% reduction in the earnings per share (EPS) of non-banking financial companies during FY2027-28.