Equipment rental in India is evolving rapidly.

ICICI Securities has a BUY rating on Trent with a 12-month target price of Rs 3,600, about 18-19% above the current market price of Rs 3,040.

Joindre Capital Services has kept its BUY rating on Waaree Energies with a target price of Rs 2,908, about 26.2% above the current market price of Rs 2,304.

ICICI Securities has a BUY rating on Asian Paints with a revised 12-month target of Rs 2,740, about 18% above the current market price of Rs 2,320.

ICICI Securities, through its ICICI Direct retail research desk, has maintained its BUY rating on Firstsource Solutions Ltd with a target price of Rs 360, implying about 18% upside from the current

Axis Securities has maintained its BUY rating on Hero MotoCorp Ltd with a revised target price of Rs 6,025, down from Rs 6,500, implying about 18% upside from the Oct.