Fund Houses Update - 29 July 2025

Dear Trader...

Fund Houses Recommendations

• UBL on BEL: Maintain Buy on Company, target price at Rs 450/Sh (Positive)

• JP Morgan on BEL: Maintain Overweight on Company, target price at Rs 490/Sh (Positive)

• Nomura on BEL: Maintain Buy on Company, raise target price at Rs 2388/Sh (Positive)

• Jefferies on Ajanta Pharma: Maintain Buy on Company, raise target price at Rs 3320/Sh (Positive)

• MS on Go Digit: Maintain Equal weight on Company, target price at Rs 315/Sh (Positive)

• Macquarie on Adani Green: Maintain Outperform on Company, target price at Rs 1200/Sh (Positive)

• Citi on Torrent Pharma: Maintain Buy on Company, raise target price at Rs 4380/Sh (Positive)

• Nuvama on Torrent Pharma: Maintain Buy on Company, raise target price at Rs 4180/Sh (Positive)

• MOSL on Lodha Developers: Maintain Buy on Company, target price at Rs 1870/Sh (Positive)

• Bernstein on Home First: Maintain Buy on Company, target price at Rs 1650/Sh (Positive)

• CLSA on Radico: Initiate Outperform on Company, target price at Rs 3098/Sh (Positive)

• MOSL on SAIL: Maintain Neutral on Company, target price at Rs 130/Sh (Neutral)

• Bernstein on Indusind Bank: Maintain Outperform on Bank, target price at Rs 1000/Sh (Neutral)

• Citi on Indusind Bank: Maintain Sell on Bank, target price at Rs 765/Sh (Neutral)

• Nuvama on Indusind Bank: Maintain Reduce on Bank, target price at Rs 600/Sh (Neutral)

• MOSL on Indusind Bank: Maintain Neutral on Bank, target price at Rs 830/Sh (Neutral)

• Macquarie on Indusind Bank: Maintain Underperform on Bank, target price at Rs 650/Sh (Neutral)

• BofA on Motherson wiring: Maintain Neutral on Company, target price at Rs 42/Sh (Neutral)

• MOSL on Motherson wiring: Maintain Buy on Company, target price at Rs 46/Sh (Neutral)

• JP Morgan on Amber: Maintain Neutral on Company, target price at Rs 7350/Sh (Neutral)

• Macquarie on GAIL: Maintain Outperform on Company, target price at Rs 215/Sh (Neutral)

• CLSA on United Spirits: Initiate Hold on Company, target price at Rs 1238/Sh (Neutral)

• Nuvama on SAIL: Downgrade to Hold on Company, cut target price at Rs 135/Sh (Negative)

• Bernstein on IEX: Downgrade to Underperform on Company, cut target price at Rs 99/Sh (Negative)

 Warm Regards...

Nikhil Bhatt

Business Editor
Investment Point
Contact :- 99390 80808
www.nikhilbhatt.in

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