Friday, December 19, 2025

Fund Houses Update - 19 December 2025


Dear Trader...

Fund Houses Recommendations

  • Macquarie on Lenskart: Initiate Outperform on Company, target price at Rs 530/Sh (Positive)
  • Investec on USL: Maintain Buy on Company, target price at Rs 1673/Sh (Positive)
  • GS on Max Health: Maintain Buy on Company, target price at Rs 1325/Sh (Positive)
  • Kotak on SBI Cards: Maintain Overweight on Company, target price at Rs 975/Sh (Positive)
  • Citi on Voltas: Maintain Buy on Company, target price at Rs 1775/Sh (Positive)
  • Jefferies on Voltas: Maintain Buy on Company, target price at Rs 1635/Sh (Positive)
  • CLSA on Dalmia Bharat: Maintain Outperform on Company, target price at Rs 2650/Sh (Positive)
  • Citi on Divis Lab: Maintain Buy on Company, target price at Rs 9140/Sh (Positive)
  • Jefferies on Indian IT stocks: Steady Growth Guidance Set to Weigh on Indian IT (Neutral)
  • Jefferies on India Strategy: Another potential explanation for the renewed rupee weakness is that the RBI has turned unambiguously dovish (Neutral)
  • MS on HCL Tech: Maintain Equal weight on Company, target price at Rs 1680/Sh (Neutral)
  • Nuvama on Voltas: Maintain Neutral on Company, target price at Rs 1170/Sh (Neutral)
  • Nuvama on SAIL: Downgrade to Reduce on Company, cut target price at Rs 106/Sh (Negative)

Warm Regards...

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

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