Buy or promote: Stock recommendation by brokers for September 4, 2025

HSBC has a purchase on Glenmark Pharma with the goal worth at Rs 2,380. After analysing the corporate’s annual report, analysts mentioned that IGI, the corporate’s innovation arm, is ready to be a self-funding unit, however they really feel a gentle debt discount path is the important thing to indicate improved administration execution. They additionally mentioned that the FDA clearance of the Monroe plant and FDA approval for gFlovent are the important thing catalysts for the inventory.CLSA has a excessive conviction outperform ranking on Indus Tower with the goal worth at Rs 520, down from Rs 595. Analysts mentioned that the corporate’s board authorized foray into Africa, starting with Nigeria, Uganda and Zambia. Airtel Africa has 37,579 towers, of which 2,157 are owned and these international locations account for beneath 500 towers. Hence, Indus’ deliberate income diversification is unlikely to be vital regardless of anchor buyer relationship with Airtel Africa. Analysts additionally mentioned that that they had anticipated administration to deal with bettering Indus’ capital construction by paying out excessive dividends. Also, although Indus’ board is dedicated to the reinstatement of distributions, however with an unjustified delay in dividends.Citigroup has a purchase ranking on M&M Finance with a goal worth of Rs 292. Analysts mentioned that the corporate is making progress in its journey to strengthen controls and compliance whereas it’s driving danger/collections administration by means of centralization and verticalization. The administration guided for low-teens development in automobile financing portfolio with tractors and refinancing anticipated to outpace.Nuvama has a purchase ranking on UBL with the goal worth at Rs 2,400. Analysts mentioned that the corporate expanded manufacturing of its flagship model in Andhra Pradesh, including practically one–third incremental capability within the state. They consider localisation can doubtlessly enhance margins and shall stop stock-outs in peak season, significantly within the April-June quarter. Also, UBBL is including a brand new canning line in Telangana to ease cans-supply constraints.PL Capital has an accumulate ranking on Bajaj Electricals with the goal worth at Rs 664. Analysts consider festive-led demand would revive gross sales. They have revised upward their FY26/FY27 earnings estimate after factoring in decrease non-operating price and discount in mounted overheads. The administration mentioned that new product growth is anticipated to contribute ~40% to complete income by FY26, supported by R&D spends of ~2% of income. The firm can also be reviewing its complete provide chain administration technique together with manufacturing, and procurement to optimize related direct price and scale back outsourcing. Due to continued losses at Nirlep factories, the corporate is planning to restructure this enterprise.Disclaimer: The opinions, analyses and proposals expressed herein are these of brokerage and don’t replicate the views of The Times of India. Always seek the advice of with a professional funding advisor or monetary planner earlier than making any funding choices.