Purchase or promote: Inventory advice by brokers for November 11, 2025 – The Occasions of India


Citigroup downgraded Trent to promote with the goal value drastically minimize to Rs 4,350 from Rs 7,150. Analysts mentioned with the general consumption development remaining weak bundled with growing competitors, influence of cannibalisation and new retailer enlargement, they count on Trent’s development fee to average additional. They minimize the corporate income estimates, and earnings earlier than curiosity, taxes, depreciation and amortisation (EBIDTA) for FY26-FY28. Morgan Stanley has an obese ranking on Nykaa with the goal value at Rs 271. Analysts mentioned that within the July-Sept quarter (Q2FY26) the corporate’s magnificence enterprise maintained its momentum, whereas vogue enterprise’s gross merchandise worth (GMV) development improved considerably. Its vogue enterprise’s EBITDA loss narrowed, led by working leverage on advertising and marketing spends. The corporate’s administration was assured of sustaining the expansion momentum throughout each companies. Analysts mentioned the efficiency of the corporate’s magnificence enterprise needs to be robust in Q3FY26, aided by Nykaaland and gross sales.Goldman Sachs has a impartial ranking on Divis Laboratories with the goal value at Rs 6,765. Analysts mentioned its Q2FY26 income and EBITDA grew by 16% and 24% year-on-year (YoY), above the brokerage’s estimates, primarily pushed by customized synthesis, whereas generics additionally got here again to development. Its EBITDA margin got here in at 32.7% primarily on account of higher product combine, larger working leverage in addition to some foreign exchange beneficial properties. The corporate additionally reiterated its double-digit development outlook.Jefferies has a purchase ranking on Torrent Pharma with the goal value at Rs 4,300. Analysts mentioned that in Q2FY26, the corporate beat estimates, pushed primarily by stronger US and Brazil gross sales. India continued its market beating development which was in-line with estimates, whereas continued provide disruptions precipitated a decline in development in enterprise from Germany. Analysts count on India and Brazil to proceed to out-perform, with a rise in ANDA submitting to guide the trail of sustained US development with Germany again to regular by the March quarter.Nuvama has a maintain ranking on Bajaj Auto with the goal value at Rs 9,700, barely minimize from Rs 9,800 earlier. Analysts mentioned Bajaj Auto’s Q2FY26 income and EBITDA rose 14% and 15% YoY, in keeping with estimates. They forecast a 7% compounded annual development in quantity over FY25–FY28. Whereas home development is anticipated to rise at 2%, exports are anticipated to rise to 13%. Additionally they count on Bajaj Auto’s home two-wheeler market share to dip from 12% in FY25 to 10% in FY28. Nevertheless, the corporate’s exports are anticipated to drive development, led by Latin America and Asia demand.Disclaimer: The opinions, analyses and suggestions expressed herein are these of brokerage and don’t replicate the views of The Occasions of India. All the time seek the advice of with a professional funding advisor or monetary planner earlier than making any funding selections.