Bharat Dynamics Upgraded to Buy by Motilal Oswal

Motilal Oswal Financial Services has upgraded Bharat Dynamics to buy from neutral, maintaining a target price of Rs 1,900. Analysts highlight the stock's reasonable valuation and strong 30% annual growth in execution during Q1, supported by a robust order book and eased supply chain issues.

Jyothy Laboratories Maintained at Buy by ICICI Securities

ICICI Securities continues to recommend a buy on Jyothy Laboratories, though it has reduced the target price to Rs 430 from Rs 450. The company's Q1 performance was subdued, with growth in fabric care and dishwash categories driving volume.

Cello World and FSN E-Commerce Ventures: Buy Ratings with Adjusted Targets

PL Capital reaffirms its buy rating on Cello World, adjusting the target price to Rs 678. Meanwhile, Jefferies raises its target price for FSN E-Commerce Ventures to Rs 250, praising Nykaa's 26% growth in the beauty business and margin expansion.

Hindalco Receives Reduce Rating from Emkay Global

Emkay Global Financial Services advises reducing holdings in Hindalco, citing Q1 EBITDA declines due to weaknesses in Novelis and lower aluminum prices, despite some offset from cheaper coal.

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