Nuvama Downgrades Trent to Hold

Nuvama has revised its rating on Trent from buy to hold, adjusting the target price down to Rs 5,884 from Rs 6,627. Analysts highlight Trent Hypermarket's potential to surpass Westside and Zudio, leveraging the vast food industry. Despite no merger plans with Big Basket, Trent aims to expand with over 250 stores across formats by FY26, though current growth rates lag behind the 25% aspiration.

Morgan Stanley's Take on Bank of Baroda

Morgan Stanley keeps an underweight rating on Bank of Baroda, with a Rs 235 target. The April-June quarter saw moderated growth, with domestic loan and deposit growth rates falling below industry averages, raising concerns over the elevated loan to deposit ratio.

Motilal Oswal's Neutral Stance on IndusInd Bank

Motilal Oswal Securities maintains a neutral rating on IndusInd Bank, targeting Rs 800. Analysts anticipate a gradual recovery in operating performance, projecting a 1% return on assets by FY28, amidst modest loan growth expectations.

Nomura's View on Bandhan Bank

Nomura rates Bandhan Bank neutral with a Rs 165 target, forecasting weak loan growth and a significant CASA ratio drop in the April-June quarter, alongside a slight decline in collection efficiency.

Jefferies Bullish on Bajaj Finance

Jefferies reaffirms a buy rating on Bajaj Finance, setting a Rs 1,044 target. Despite softer market trends, the NBFC is expected to report healthy growth, supported by strong performance in personal and SME loans, and easing fund costs.

Disclaimer: The recommendations and views expressed are those of the analysts and do not reflect the stance of The Times of India.