Lokesh Verma

Motilal Oswal Financial Services has reiterated a BUY rating on ICICI Prudential Life Insurance (IPRU), setting a target price of Rs650, implying roughly 24% upside from the current market price of Rs525. The brokerage's optimism follows a robust first quarter of FY27, where the insurer posted better-than-expected margins, driven by a favorable shift toward protection products.

ICICI Securities has reiterated its BUY recommendation on JK Cement and revised its 12-month target price to Rs 6,450, implying an upside potential of nearly 20% from the current market price of Rs 5,370. Despite facing short-term margin pressure from rising fuel and packaging costs, the brokerage remains constructive on the company’s long-term growth trajectory.

Emkay Global Financial Services has reiterated its BUY recommendation on Apollo Tyres Ltd., highlighting strong demand conditions, disciplined industry pricing, and improving operational efficiency as key drivers that could propel the stock toward a target price of Rs600. With the stock currently trading around Rs440, analysts see significant upside potential driven by sustained tyre demand, strategic capacity expansion, and margin stability despite rising raw material costs.