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Articles by K Srinivasan
HDFC Bank Share Price Target at Rs 925: Motilal Oswal Stock Research
Sources Motilal Oswal Financial Services, HDFC Bank 2QFY27 Results Update, dated Oct. 18, 2026; analysts Nitin Aggarwal, Akshay Badlani and Devansh Jani. Figures converted to crore and lakh crore; the test-tube and syringe graphics use the house's printed figures. Disclaimer: This TopNews Stock Report is based on a brokerage research report and is for information only. It is not investment advice.
Tata Communications Share Price Target at Rs 2,130: ICICI Securities
BUY · MAINTAINED Q2FY27 Results Update Telecom & Digital Infrastructure Tata Communications narrows digital losses as AI demand lights up its network; ICICI Securities sees Rs 2,130 ICICI Securities · Results update dated Oct. 16, 2026 PATCH PANEL · TCOM-01 · ALL PORTS LIVE P6 BASIS SoTP, 12x EV/EBITDA m-cap ~Rs 50,300 crore · free float 41% The quarter in numbers Tata Communications delivered what ICICI Securities calls a strong second quarter of FY27.
Elecon Engineering Share Price Could Reach Rs 610: Axis Securities
BUY Maintained Q2FY27 Result Update Industrial Equipment A clean beat, a record Rs 1,635 crore order book and fast-growing overseas sales keep the brokerage constructive, despite a modest trim to its estimates.
Jio Platforms IPO Update; Ventura Securities Recommends BUY for Jio
Ventura Securities has recommended that investors subscribe to the initial public offering of Jio Platforms, the country's largest digital connectivity company. The Rs 30,213 crore issue opens Oct. 21 and closes Oct. 23 at a price band of Rs 1,065 to Rs 1,119, valuing the company at about Rs 10.3 lakh crore at the top end. It is entirely a fresh issue, and Rs 27,500 crore will be used to prepay debt at the operating subsidiary, Reliance Jio Infocomm.
Yuva Nidhi Self Declaration - Seva Sindhu Account for Unemployment Allowance in Karnataka
Karnataka's Yuva Nidhi scheme pays an unemployment allowance to recent graduates and diploma holders, but approval is only the beginning. To keep the money coming, beneficiaries must repeatedly file a self-declaration on the Seva Sindhu services portal confirming they remain jobless, earn no salary or self-employment income, and draw no similar benefit elsewhere.
Mahindra Lifespace Developers Share Price Target at Rs 500: Emkay Global
Emkay Global Financial Services has reiterated its BUY call on Mahindra Lifespace Developers with a target price of Rs 500, implying about 42.5% upside from the current market price of Rs 351. The brokerage says the realty arm of the Mahindra Group is steadily executing on launches and land deals, with two projects already selling in the second quarter and a Rs 3,500 crore Pune launch lined up for the third quarter.
Tata Consultancy Services (TCS) Share Price Target at Rs 2,400: Motilal Oswal
What to watch AI deflation outpacing AI revenue. The central near-term risk is the one the brokerage flags itself: productivity gains compressing traditional-services billings faster than new AI work can replace them. Margin slippage. MHP dilution, elevated subcontracting, visa friction and skill gaps could keep the operating margin below the long-run comfort zone for longer than expected. Regional-market volatility.
Mayur Uniquoters Share Price Target at Rs 899: Joindre Capital Services
Sources & disclosures Based on the Mayur Uniquoters research report published by Joindre Capital Services (Joindre Value Fund / Joindre Portfolio Management Services), dated Oct. 1, 2026. Rating, target, valuation multiple and estimates are the brokerage's own; figures reported in higher denominations have been restated in rupee crore, and coating capacities restated in lakh and crore linear metres (LM).
Prestige Estates Projects Share Price Could Reach Rs 1,830: Motilal Oswal Stock Research
What could go wrong Launch-timing lumpiness. First-quarter pre-sales fell 46 percent year on year, a reminder that quarterly bookings swing sharply with the calendar; a slippage in scheduled launches would dent near-term momentum. Leverage and funding cost. Net debt of Rs 11,900 crore and elevated interest charges leave the balance sheet sensitive to any delay in collections or in the CPPIB tranches. Rich valuation.
Apeejay Surrendra Park Hotels Share Price Target at Rs 156:Prabhudas Lilladher Research
Sources & disclosures Based on the Prabhudas Lilladher (PL Research) management-meet update on Apeejay Surrendra Park Hotels Limited (NSE: PARKHOTELS), dated September 10, 2026. Research analysts: Jinesh Joshi, Stuti Beria and Dhvanit Shah. The BUY rating, Rs 156 sum-of-the-parts target and estimates are unchanged from the prior note. Figures reported in rupee millions and billions have been converted by TopNews to crore; floor areas to lakh square feet.
LG Electronics India Share Price Could Reach Rs 2,141: Ventura Research
Sources & disclosures Based on the Ventura Research initiating-coverage report on LG Electronics India Limited (LGEINDIA), dated August 26, 2026. The report carries a BUY rating with a 24-month target of Rs 2,141, set at 48.2 times FY29 earnings. All figures are stated in rupee crore as reported; unit counts have been converted to lakh, and per-capita income figures originally in dollars have been converted to rupees at an indicative rate of about Rs 89 to the dollar.
From Internet Joke to Cabinet Casualty: Inside the Cockroach Janta Party's Uneasy Truce
The Cockroach Janta Party has had a fast, unusual trajectory — from an internet joke to a genuine pressure group that forced a cabinet resignation. Born out of a Supreme Court remark in May 2026, the movement grew to more than 20 million Instagram followers within weeks, organized sustained street protests at New Delhi's Jantar Mantar, and weathered a violent police crackdown before securing the resignation of Union Education Minister Dharmendra Pradhan on July 25.
Panvel Records 76% Price Growth as 42,330 New Homes Added: Mumbai Metropolitan Region Real Estate Report by ANAROCK Real Estate
Panvel has shifted decisively from a peripheral Mumbai Metropolitan Region suburb into one of the region's most closely watched growth corridors, according to a new micro-market report from ANAROCK. The area's residential price index climbed to 176 by H1 2026, against a base of 100 in 2021 — outpacing Navi Mumbai's own index of 164 over the same stretch and translating into 76% price appreciation for Panvel homeowners.
Motilal Oswal Raises Share Price Target for Hindustan Aeronautics (HAL) in Fresh BUY Call
Tejas Mk1A HAL has received the seventh GE F404 engine as of July 2026, while a sixth engine that developed a minor technical issue after arrival has now been cleared for operational use. GE has committed to delivering 20-22 engines annually, with the first batch of two engines expected in August 2026. HAL targets delivering its first Tejas Mk1A aircraft in August-September 2026, having already ramped manufacturing capacity to 24 aircraft per year.
Vedanta Aluminium Metal Share Price Target at Rs 520: ICICI Securities
ICICI Securities | Equity Research CMP Rs 457 | Target Rs 520 | Upside 14% | Rating: BUY (Maintained) | Valuation: 7x FY28E EV/EBITDA (SoTP) Vedanta Aluminium Metal Ltd. rode a favorable pricing cycle to a blowout first quarter, and ICICI Securities sees no reason to change its bullish stance. In a July 31 results update, analysts Vikash Singh, Jyoti Singh and Pritish Urumkar maintained a Buy rating on the metals producer, holding their sum-of-the-parts target price at Rs 520 a share.
CoForge Limited Share Price Target at Rs 1,950: ICICI Securities
Sources & Disclosures This report draws on a Result Update on Coforge Ltd. published by ICICI Securities' Retail Research desk (ICICI Direct Research), dated July 28, 2026, along with the company's Q1FY27 consolidated financial disclosures. Market risk disclaimer: Investments in securities markets are subject to market risk. Brokerage ratings, price targets and earnings estimates reflect the analysts' views at the time of publication and are not a guarantee of future performance.
Muslim Man Assaulted by Cow Vigilante Group in Barabanki
A fresh incident of Cow Vigilante Group with name Sanatan Gauraksha Dal has surfaced online in which a Muslim man from Barabanki in Uttar Pradesh has been repeatedly humiliated and slapped. A video was made and shared on social media. While government doesn't take action against people taking law in their hands, the hate among communities is surely rising. Congress Member of Parliament Syed Naseer Hussain shared the disturbing video and asked for action to be taken against the vigilante group.
Mankind Pharma Share Price Target at Rs 2,660: Geojit Financial Services
Geojit Financial Services has reiterated an ACCUMULATE rating on Mankind Pharma Limited with a revised 12-month target price of Rs. 2,660, implying an upside potential of approximately 13% from the current market price of Rs. 2,362. The brokerage believes the company is emerging from a period of execution-related disruptions and is now positioned for a stronger growth trajectory driven by chronic therapies, improving acute segment performance, and expanding profitability.
IREDA Share Price Target at Rs 180: ICICI Direct Remains Bullish on PSU Major
Indian Renewable Energy Development Agency (IREDA) continues to demonstrate strong balance-sheet expansion despite a temporary slowdown in profitability caused by elevated provisioning and foreign exchange-related losses. ICICI Direct has reiterated its BUY recommendation on the renewable energy financier with a 12-month target price of Rs 180, implying an upside potential of nearly 35% from current levels.
How Rising Crude Oil Prices Could Impact India’s Economy
India’s economy has long balanced rapid growth ambitions with a heavy dependence on imported energy. That balance is once again under pressure as rising global crude oil prices, geopolitical tensions in West Asia, and a weakening rupee threaten to increase economic stress. With the country importing more than 85% of its crude oil requirements, every sustained increase in oil prices affects government finances, inflation, external balances, and economic growth.
Max Estates Share Price Target at Rs 610: ICICI Securities
ICICI Securities has retained its BUY rating on Max Estates (MAXEST) with an unchanged 12-month target price of Rs 610, implying an upside potential of nearly 35% from the current market price of Rs 452. The brokerage believes the company remains well-positioned to capitalize on its extensive residential launch pipeline and rapidly expanding commercial annuity portfolio.
PAYTM Share Price Target at Rs 1,302: One 97 Communications Remains on Investors' Radar
Geojit Financial Services has upgraded its stance on One 97 Communications to an “Accumulate” rating, citing improving profitability, sustained merchant growth, and accelerating traction in financial services distribution. The brokerage has revised its 12-month target price to Rs. 1,302 from the current market price of Rs. 1,154, implying an upside potential of nearly 13%.
Chalet Hotels Share Price Target at Rs 1,000: Axis Securities
Axis Securities has reiterated its BUY recommendation on Chalet Hotels Ltd with a revised target price of Rs 1,000, implying nearly 30% upside from current levels. The brokerage believes Chalet Hotels is entering a powerful multi-year expansion cycle supported by India’s booming travel economy, premium hotel demand, and rising annuity income from commercial real estate assets.
TVS Motor Company Share Price Target at Rs 4,020: Axis Securities
Axis Securities has reiterated a BUY recommendation on TVS Motor Company with a revised target price of Rs 4,020, implying an upside potential of nearly 14% from the current market price. The brokerage believes the company is entering a powerful multi-year growth cycle driven by accelerating electric vehicle adoption, export recovery across strategic geographies, and sustained premiumization across its motorcycle and scooter portfolio.
Power Finance Corporation (PFC) Share Price Target at Rs 520: ICICI Securities
ICICI Securities has maintained a “BUY” rating on Power Finance Corporation with a target price of Rs 520, implying an upside potential of nearly 17% from the current market price of Rs 446. The brokerage believes the state-owned power sector financier remains strategically positioned to benefit from India’s accelerating energy transition despite temporary moderation in loan growth and pressure on lending spreads.
7 Factors that Define the Best Electric Scooter in India
Long rides on uneven roads can turn daily commuting into a tiring experience. Bumps, vibrations, and uncomfortable seating leave riders exhausted, even after short trips, and navigating busy streets adds to the stress. Many commuters are searching for practical alternatives that combine comfort, ease of use, and reliability. The electric scooty has emerged as a popular solution, offering smooth handling, minimal maintenance, and features that enhance convenience.
Best Smartphone Deals in India in May 2026; Check Out Smartphones Popular Among Indians
India’s smartphone market in 2026 is no longer driven purely by price-sensitive consumers chasing specifications on paper. Buyers are demonstrating sharper judgment, prioritising long-term performance, camera capability, battery endurance, and software reliability over marketing theatrics.
HDFC AMC Share Price Target at Rs 3,200: ICICI Direct Research Report
ICICI Securities has reiterated a BUY call on HDFC Asset Management Company Ltd. (HDFCAMC), underlining its resilience in flows, consistent margin profile, and structural positioning within India’s expanding mutual fund landscape. HDFC AMC continues to stand out as a structurally strong asset management franchise, backed by steady inflows, a robust SIP book, and operational efficiency.
HCL Technologies Share Price Could Reach Rs 1,284: Geojit Financial Services
Geojit Financial Services has reiterated a HOLD rating on HCL Technologies, setting a revised price target of Rs. 1,284, implying a modest upside from the current market price of Rs. 1,200. The recommendation reflects a delicate balance between resilient core execution and mounting near-term headwinds driven by macro uncertainty and AI-led structural disruption.
Tata Communications Share Price Target at Rs 2,100: ICICI Securities
ICICI Securities has reiterated its BUY call on Tata Communications, setting a revised target price of Rs 2,100, implying an upside potential of nearly 38% from the current market price of Rs 1,525. Tata Communications has delivered a steady Q4FY26 performance, marked by robust growth in its data and digital segments. EBITDA expansion in the data business, improving order book visibility, and accelerating digital revenues underscore a structural shift in the company’s growth trajectory.
Second Hand Creta in Hyderabad: Is It the Best Used Car in the City Right Now?
Hyderabad has one of South India's most active used car markets, driven by a large IT workforce, frequent vehicle upgrades and strong demand across all price segments. Among all the models available, the used cars in Hyderabad search results are dominated by one name more than any other.
Hero MotoCorp Share Price Target at Rs 6,205: Motilal Oswal Research
Hero MotoCorp stands at an inflection point, balancing strong demand momentum across core motorcycle segments with emerging pressures from rising input costs. The company is benefiting from rural recovery, robust traction in its flagship Splendor portfolio, and improving market share in the 125cc and scooter segments. Export growth and EV expansion further strengthen its long-term outlook. However, near-term margins remain vulnerable due to commodity inflation despite price hikes.
TCS Share Price Target at Rs 3,155: Axis Securities
Tata Consultancy Services Ltd (TCS) has emerged from Q4FY26 with a stable operational performance, underpinned by strong deal wins and a visibly improving demand environment. Axis Securities has reiterated its BUY recommendation on the stock, assigning a revised target price of Rs 3,155, indicating a potential upside of nearly 22% from current levels.
Kajaria Ceramics Share Price Could Reach Rs 1,147: Prabhudas Lilladher Research
Prabhudas Lilladher has issued a BUY recommendation on Kajaria Ceramics with a revised target price of Rs1,147, implying meaningful upside from the current market price of Rs 920. Kajaria Ceramics stands at a pivotal inflection point, capitalizing on industry disruptions and supply-side constraints to consolidate market share. Despite near-term demand softness, the company is witnessing a gradual recovery in volumes, supported by channel destocking and operational normalization.
Swiggy Share Price Target at Rs 460: HDFC Securities
HDFC Securities has reiterated a BUY call on Swiggy, underscoring a compelling valuation opportunity after a sharp ~37% correction over the past six months. The brokerage highlights resilience in core segments—Food Delivery (FD) and Quick Commerce (QC)—despite macro headwinds such as LPG shortages and elevated crude prices. While margin pressures may emerge due to higher fulfillment costs, volume trends remain stable.
CoForge Limited Share Price Target at Rs 1,880: Motilal Oswal Research
Coforge appears to be a classic case of market overreaction. Following geopolitical tensions and sectoral concerns, the stock has corrected sharply—down nearly 45% from its peak—despite strong fundamentals and resilient demand visibility. Motilal Oswal argues that the current valuation reflects an extreme bear-case scenario, ignoring Coforge’s robust order book, consistent deal wins, and margin recovery potential.
ACME Solar Share Price Target at Rs 341: Motilal Oswal Research
ACME Solar is emerging as a compelling growth story in India’s renewable energy landscape, with Motilal Oswal Financial Services maintaining a BUY recommendation and assigning a target price of Rs 341, implying a 34% upside from the current market price of Rs 256.
JSW Infrastructure Share Price Target at Rs 360: Motilal Oswal Research
JSW Infrastructure is entering a decisive growth phase as capacity expansion, logistics integration, and strategic international partnerships begin to reshape its long-term earnings trajectory. Analysts at Motilal Oswal Financial Services believe the company’s aggressive infrastructure build-out, combined with India’s expanding maritime trade ecosystem, will trigger a sharp earnings inflection by FY28.
Reliance Industries Share Price Target at Rs 1,750: Motilal Oswal
Motilal Oswal Financial Services has reiterated a BUY call on Reliance Industries with a target price of Rs 1,750, implying a potential upside of around 26 percent from the current market price of Rs 1,392. The brokerage argues that global geopolitical disruptions—particularly around the Strait of Hormuz—are tightening energy markets and boosting refining margins. This environment could significantly benefit Reliance Industries’ Oil-to-Chemicals (O2C) business.
SAMHI Hotels Share Price Target at Rs 264: Prabhudas Lilladher
Prabhudas Lilladher (PL Capital) has reiterated a BUY recommendation on Samhi Hotels with a target price of Rs264, compared with the current market price of around Rs147. The brokerage believes the hospitality company’s strategic investment in RARE India—a luxury experiential hospitality platform—will unlock a new growth avenue in the leisure segment through an asset-light model.
Coal India Share Price Target at Rs 500: ICICI Securities
ICICI Securities has reiterated a BUY rating on Coal India Ltd with a target price of Rs 500, implying an upside potential of roughly 18% from the current market price of Rs 425. While the company reported a relatively muted performance in Q3FY26, analysts believe its long-term fundamentals remain intact due to India's continued reliance on coal for power generation.
Laurus Labs Share Price Could Reach Rs 1,280: Motilal Oswal Research Report
Motilal Oswal Financial Services has reiterated a BUY call on Laurus Labs, assigning a target price of Rs 1,280, implying an upside of nearly 19% from the current market price of Rs 1,076. Motilal Oswal argues that Laurus Labs stands at the forefront of the next commercial ramp-up cycle in the CDMO (Contract Development and Manufacturing Organization) space.
Engineers India Share Price Could Reach Rs 260: ICICI Securities
ICICI Securities has reiterated a BUY call on Engineers India Limited (EIL), assigning a revised target price of Rs 260 against the current market price of Rs 208, implying an upside of approximately 25 percent over a 12-month horizon. The brokerage’s conviction is anchored in a record order book, expanding consultancy-led margins, and a structurally asset-light balance sheet with zero debt.
Juniper Hotels Share Price Target at Rs 295: Axis Securities Research
Axis Securities has reiterated its BUY recommendation on Juniper Hotels Ltd, assigning a revised target price of Rs 295, reflecting improved earnings visibility and margin resilience. The brokerage highlights a robust Q3FY26 performance marked by healthy average room rate (ARR) growth, expanding occupancy, and record-high EBITDA margins. Consolidated revenue rose 17% year-on-year to Rs 295 crore, while PAT more than doubled to Rs 65 crore.
Jubilant FoodWorks Share Price Target at Rs 676: BOB Capital Markets
BOB Capital Markets has reiterated its BUY call on Jubilant FoodWorks (JUBI IN) with a revised target price of Rs 676, implying an upside of approximately 22% from the current market price of Rs 554. Over the December quarter, Jubilant FoodWorks delivered a resilient operational performance, driven by delivery-led growth, steady same-store sales expansion, and improving profitability across domestic and international markets.
Tata Steel Share Price Target at Rs 223: IDBI Capital
IDBI Capital has reiterated its HOLD rating on Tata Steel following a better-than-expected Q3FY26 performance, anchored by robust volume growth in India even as realizations softened. Consolidated revenue slipped sequentially due to weak steel pricing, while EBITDA declined amid margin pressure in Europe—particularly in the UK. The company continues to demonstrate disciplined cost control, delivering substantial savings under its transformation program and steadily reducing leverage.
Solar Industries Share Price Target at Rs 13,580: ICICI Direct
Solar Industries India Limited is entering a decisive growth phase as defence manufacturing transitions from development to commercial execution. ICICI Direct Research has reaffirmed a BUY call on the stock, citing robust order visibility, accelerating defence exports, and margin resilience driven by scale and product mix.
City Union Bank Share Price Target at Rs 360: Axis Securities
City Union Bank delivered a mixed but strategically strong Q3FY26 performance, marked by robust loan growth, resilient margins, and steadily improving asset quality. While net profit marginally missed estimates, the underlying operating engine showed clear acceleration, supported by gold loans, MSME credit, and early traction in retail secured lending.
M&M Financial Services (MMFS) Share Price Target at Rs 440: IDBI Capital
M&M Financial Services has delivered a decisive Q3FY26 performance that signals the end of its multi-year transformation and the start of a structurally stronger growth phase. With Project Udaan now largely complete, the company is pivoting toward scalable growth, margin expansion, and diversification beyond its traditional wheels franchise. Asset quality remains stable, return ratios are trending upward, and fee income is emerging as a meaningful earnings lever.
SBI Life Insurance Share Price Target at Rs 2,450: Axis Securities
Axis Securities has reaffirmed its BUY recommendation on SBI Life Insurance, upgrading its target price to Rs 2,450 following a strong Q3FY26 earnings performance that exceeded expectations across all core metrics. The insurer delivered broad-based growth in New Business Premium (NBP), Annualised Premium Equivalent (APE), and Value of New Business (VNB), supported by stable margins, resilient bancassurance traction, and improving operating leverage.
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