Friday, August 29, 2025

Fund Houses Update - 29 August 2025


Dear Trader...

Fund Houses Recommendations

  • HSBC on Apollo Hospitals: Maintain Buy on Company, target price at Rs 8520/Sh (Positive)
  • UBS on Kotak Bank: Upgrade to Buy on Bank, raise target price at Rs 2450/Sh (Positive)
  • UBS on PayTM: Maintain Neutral on Company, raise target price at Rs 1250/Sh (Positive)
  • Nuvama on Aditya Vision: Maintain Buy on Company, target price at Rs 580/Sh (Positive)
  • Antique on HDFC Life: Maintain Buy on Company, target price at Rs 860/Sh (Positive)
  • MOSL on Dr Agrawal’s: Maintain Buy on Company, raise target price at Rs 530/Sh (Positive)
  • MS on Dr Agrawal’s: Maintain Overweight on Company, target price at Rs 494/Sh (Positive)
  • Jefferies on Telecom Sector: Expect sector rev to rise at a 14% CAGR to $46 bn over FY26-28, market share broadly stable; Bharti remains top pick (Positive)
  • MS on Auto Sector: Tariffs could lead to a 30% & 10% hit on EBITDA for Bharat Forge & BKT respectively (Neutral)
  • Jefferies Greed & Fear: $55-60 billion direct hit to the Indian economy owing to US tariffs. India is the most dynamic capital market in the world outside America. (Neutral)
  • BofA on IT Sector: A stable reading after 9 months of dip. Positive macro readings could contribute positively (Neutral)
  • Jefferies on Financial Sector: Loan demand stays subdued, GST rationalisation can lift demand in select segments & aid the small truck operators (Neutral)
  • Investec on Indigo: Maintain Sell on Company, target price at Rs 4050/Sh (Neutral)
  • UBS on TVS Motors: Maintain Buy on Company, target price at Rs 3475/Sh (Neutral)

Warm Regards...

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

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