Fund Houses Update - 04 August 2025

Dear Trader...

Fund Houses Recommendations

• MOSL on Tata Power: maintain Buy on company, raise target price at Rs 487/Sh from Rs 476/sh (Positive)

• Jefferies on Adani Power: maintain Buy on company, with the target price at Rs 690/Sh (Positive)

• Jefferies on Godrej Prop: maintain Buy on company, with the target price at Rs 3200/Sh (Positive)

• MOSL on Godrej Prop: retain Buy on company, with target price at Rs 2843/Sh (Positive)

• MOSL on Delhivery: maintain Buy on company, with target price at Rs 500/Sh (Positive)

• MS on Axis Bank: maintain Overweight on company, with the target price at Rs 1325/Sh (Positive)

• MS on Suzlon: maintain Overweight on company, with target price at Rs 77/Sh (Positive)

• Jefferies on ITC: maintain Buy on company, with the target price at Rs 535/Sh (Positive)

• Macquarie on ITC: maintain Outperform on company, with the target price at Rs 500/Sh (Positive)

• MS on ITC: maintain Overweight on company, with the target price at Rs 500/Sh (Positive)

• MS on LIC Housing: maintain Underweight on company, with the target price at Rs 480/Sh (Neutral)

• MOSL on UPL: maintain Neutral on company, with target price at Rs 700/Sh (Neutral)

• Citi on Emami: maintain Buy on company, with the target price at Rs 775/Sh (Negative)

• MS on MCX: maintain Underweight on company, with target price at Rs 5750/Sh (Negative)

• MOSL on Federal Bank: cut the target price on company, with target price at Rs 235/Sh form 250/sh (Negative)

• Avendus on Federal Bank: cut the target price on company, with target price at Rs 209 /Sh form 216/sh (Negative)

• Citi on DrReddys: maintain sell on company, with the target price at Rs 990/Sh (Negative)

• UBS on PowerGrid: maintain sell on company, with the target price at Rs 300/Sh (Negative)

• GS on Thermax: maintain sell on company, with the target price at Rs 3210/Sh from Rs 3060/Sh (Negative)

Warm Regards...

Nikhil Bhatt
Business Editor
Investment Point

Contact :- 99390 80808
www.nikhilbhatt.in

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