JSW Steel: A Robust Investment with Promising Growth

Motilal Oswal Securities continues to recommend a buy on JSW Steel, setting a target price of Rs 1,180. The company's strategic investments of Rs 60,000 crore over the next three years aim to enhance capacities and operational efficiency, promising double-digit revenue growth from FY26 to FY27. With favorable macro factors and a rebound in EBITDA margins expected, JSW Steel stands as a strong contender in the steel industry.

Tech Mahindra: High Conviction Outperform Rating by CLSA

CLSA has awarded Tech Mahindra a high conviction outperform rating, with a target price of Rs 2,020. The company's focus on mining top accounts and securing large profitable deals has positioned it for a growth journey starting next quarter, with FY26 revenue growth expected to surpass FY25.

Angel One and ITC Hotels: Other Noteworthy Recommendations

Investec maintains a buy recommendation on Angel One, citing better-than-expected quarterly numbers and promising new initiatives. Meanwhile, Macquarie has raised ITC Hotels' target price to Rs 270, highlighting the hotel segment's outperformance and the successful launch of Ratnadipa, its first international venture.

Thermax: A Busy Year Ahead

Kotak Securities has increased Thermax's target price to Rs 3,800, anticipating a busy year with new launches and partnerships. The company's earnings per share are expected to grow at a compounded rate of over 20% from FY25 to FY28.