Friday, December 5, 2025

Fund Houses Update - 05 December 2025


Dear Trader...

Fund Houses Recommendations

  • HSBC on Bharti Airtel: Maintain Buy on Company, target price at Rs 2350/Sh (Positive)
  • HSBC on Reliance Ind: Maintain Buy on Company, target price at Rs 1750/Sh (Positive)
  • HSBC on UPL: Maintain Buy on Company, target price at Rs 850/Sh (Positive)
  • MOSL on JSW Infra: Maintain Buy on Company, target price at Rs 360/Sh (Positive)
  • MOSL on Prestige Est: Maintain Buy on Company, target price at Rs 2295/Sh (Positive)
  • GS on Maruti: Maintain Buy on Company, target price at Rs 19000/Sh (Positive)
  • JP Morgan on India Strategy: Top Overweight sectors – Financials, Consumer Discretionary and Materials (Positive)
  • Morgan Stanley on India Currency: INR weakness stems from trade deficit, weak FPI flows and US–India trade deal uncertainty; expects possible appreciation only in 1Q26 and sees room for a 25 bps RBI rate cut on Dec 5 (Neutral)
  • UBS on India Currency: See medium-term currency stabilization and attractive yield return of around 6% p.a. (Neutral)
  • JP Morgan on Cement sector: Headline industry utilization is likely to fall over the next few months on rising supply – which drives our fundamental caution on the Indian cement sector (Neutral)
  • JP Morgan on Blue Star: Broader Demand Trends In The RAC Market Have Been Tepid, Optimistic Of Better Sales From Q4 Onwards (Neutral)
  • HSBC on Vodafone Idea: Maintain Reduce on Company, target price at Rs 5.8/Sh (Neutral)
  • Citi on Indigo: Maintain Buy on Company, target price at Rs 6500/Sh (Neutral)
  • MS on Indigo: Maintain Overweight on Company, cut target price at Rs 6540/Sh (Neutral)
  • UBS on Concor: Maintain Underperform on Company, target price at Rs 465/Sh (Neutral)
  • JP Morgan on Kaynes: Maintain Sell on Company, target price at Rs 7550/Sh (Neutral)

Warm Regards...

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

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