BOB Capital Markets has upgraded Nestle India to BUY from HOLD with a target price of Rs 1,755, implying about 38% upside from the Rs 1,276 close on October 15, 2026.
News in Focus


BOB Capital Markets has upgraded Polycab India to BUY from HOLD with a target price of Rs 10,100, implying 23% upside from Rs 8,207.

Axis Securities has maintained its BUY rating on Elecon Engineering Company Ltd and raised its target price to Rs 610 from Rs 600, implying about 24% upside from the Rs 493 close of Oct. 15, 2026.

ICICI Securities has maintained its BUY rating on Indian Bank and raised its target price to Rs 1,020 from Rs 1,000, implying about 22% upside from Rs 835.

ICICI Securities has reiterated its BUY rating on HDFC Asset Management Co. with a target price of Rs 3,000, implying 25% upside from Rs 2,400 over 12 months.

Ventura Securities has recommended that investors subscribe to the initial public offering of Jio Platforms, the country's largest digital connectivity company.
Main Regional Stories

IDBI Capital has maintained its HOLD rating on CCL Products (India) with a target price of Rs 1,180, implying about 9% upside from Rs 1,083. The brokerage said the second-quarter FY27 result missed its estimates on every line.

IDBI Capital has maintained its BUY rating on Tech Mahindra with a revised target price of Rs 1,900, implying about 15% upside from Rs 1,650.

BOB Capital Markets has maintained its BUY rating on Canara Bank with a revised target price of Rs 150, down from Rs 158, implying about 20% upside from the Oct. 14 close of Rs 125.

Indian Kabaddi Teams (after winning Asian Games 2026) go into the first Commonwealth Kabaddi Championship as clear favourites, even though the hosts have left all 12 of their Asian Games gold medalists out of the reckoning.















