Stock recommendations by brokers for March 26

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Dalal Street in Mumbai (File Photo)

CLSA has maintained its excessive conviction outperform score on Bandhan Bank with a goal value of Rs 220. Analysts stated that the financial institution’s MD’s key priorities are to extend share of secured property by FY27 and to enhance expertise & audit capabilities. The administration targets return on property of 1.8-2% by end-FY27.
Jefferies has maintained its ‘buy’ score on Infosys however with a decreased goal value of Rs 1,835 from Rs 2,150 earlier. Analysts really feel price-to-earnings de-rating dangers are restricted, given marked enchancment in free money movement conversion to larger payouts. They lower Infosys’s EPS estimates by 2-4% on slower development however reiterate its ‘buy’ given engaging risk-reward.
HDFC Securities has put a ‘buy’ score on DLF with a goal value of Rs 988. Analysts stated DLF has established itself as a pacesetter in NCR’s luxurious actual property sector by distinctive initiatives that its opponents are discovering powerful to repeat. The firm’s substantial land financial institution ensures development visibility for over 20 years. DLF initiatives residential surplus money potential of Rs 50,000 crore within the medium time period. DLF’s monetary place stays strong, having achieved internet cash-positive standing, with its improvement enterprise approaching zero gross debt.
UBS Global Research has put a ‘buy’ advice on Shyam Metalics & Energy with a goal value of Rs 1,175. Analysts stated that the corporate, the second largest producer of aluminium foil in India, is predicted to be a key beneficiary of the anti-dumping responsibility introduced on Chinese aluminium foil imports. It can also be essentially the most diversified metals participant with a sturdy execution observe report of delivering capacities on time.
ICICI Securities has initiated its protection of Suven Pharmaceuticals with a ‘buy’ advice and a goal value of Rs 1,400. Calling it a definite CDMO within the making, analysts stated Suven’s fast ascendance on this area has been exceptional. Its merger with Cohance is slated for completion in Q1FY26.
(Disclaimer: The opinions, analyses and recommendations expressed herein are these of brokerage and don’t mirror 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 selections.)