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Adani Energy Solutions (ADANIENS IN) – Q4FY26 Result Update – Strong EBITDA growth ahead; valuations turn full – Downgrade to ‘HOLD’
Reliance Industries (RELIANCE IN) – Q4FY26 Result Update – Consol EBITDA/PAT inline; Core/Retail under pressure – BUY
Indian Energy Exchange (IEX IN) – Q4FY26 Result Update – Good volume growth, but risk from market coupling – HOLD
Axis Bank (AXSB IN) – Q4FY26 Result Update – Deposit growth a key to achieve targeted loan growth – BUY
The Beat – DCX Systems set for a booming upside!
Mahindra & Mahindra Financial Services (MMFS IN) – Q4FY26 Result Update – Steady growth outlook, asset quality monitorable – ACCUMULATE
JSW Steel (JSTL IN) – Q3FY25 Result Update – Better quarter, but HRC situation yet to improve – HOLD
Mangalore Refinery & Petrochemicals (MRPL IN) – Q4FY26 Result Update – EBITDA, PAT below estimate on weak Q4 – Downgrade to ‘SELL’
ICICI Bank (ICICIBC IN) – Q3FY25 Result Update – Asset quality remains best-in-class – BUY
IndusInd Bank (IIB IN) – Q4FY26 Result Update – Balance sheet de-risking progressing well – ACCUMULATE
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