Axis Securities has maintained its BUY rating on Elecon Engineering Company Ltd and raised its target price to Rs 610 from Rs 600, implying about 24% upside from the Rs 493 close of Oct. 15, 2026.
News in Focus


ICICI Securities has maintained its BUY rating on Indian Bank and raised its target price to Rs 1,020 from Rs 1,000, implying about 22% upside from Rs 835.

ICICI Securities has reiterated its BUY rating on HDFC Asset Management Co. with a target price of Rs 3,000, implying 25% upside from Rs 2,400 over 12 months.

Ventura Securities has recommended that investors subscribe to the initial public offering of Jio Platforms, the country's largest digital connectivity company.

IDBI Capital has maintained its HOLD rating on CCL Products (India) with a target price of Rs 1,180, implying about 9% upside from Rs 1,083.

IDBI Capital has maintained its BUY rating on Tech Mahindra with a revised target price of Rs 1,900, implying about 15% upside from Rs 1,650.
Main Regional Stories

BOB Capital Markets has maintained its BUY rating on Canara Bank with a revised target price of Rs 150, down from Rs 158, implying about 20% upside from the Oct. 14 close of Rs 125.

Indian Kabaddi Teams (after winning Asian Games 2026) go into the first Commonwealth Kabaddi Championship as clear favourites, even though the hosts have left all 12 of their Asian Games gold medalists out of the reckoning.

India still has no law that licenses cryptocurrency exchanges, so the closest thing to a regulatory seal is registration with the Financial Intelligence Unit-India (FIU-IND) under the anti-money-laundering statute.

Ventura Securities has re-initiated coverage of Adani Green Energy with a BUY rating and a target price of Rs 1,713, implying 33.4% upside from the current market price of Rs 1,284 over 24 months.















