Nuvama maintained its buy recommendation on Maruti Suzuki India with the target price at Rs 14,300. Analysts said the company’s first EV, eVitara production has kicked off while Suzuik’s Gujarat plant’s capacity is being expanded in FY27 with the new line being fungible across powertrains. eVitara is planned to be sold in 100-plus countries including Europe, Japan and India.Motilal Oswal Securities has a buy recommendation on Adani Ports & SEZ with the target price at Rs 1,700. Analysts said that the company is charting a transformational journey as it is building scale and market leadership in ports. The company’s logistics business is growing exponentially while its marine services is a fast-growing, capital-efficient growth engine.Jefferies has recommended a buy on ICICI Bank with the target price at Rs 1,760. Analysts said that some of the recent filings show that the lender’s risk profile of assets has risen. They see a rise in share of lower-rated loans (SME), but quality has held up and credit costs have stayed low. Analysts also said non-performing loans are now highest in five years. They also said priority sector lending is improving and will limit drag from compliance cost.Investec has a buy rating on RBL Bank with the target price at Rs 300. Analysts said that the management highlighted return on assets should trend upwards to 1% by Q4FY26, primarily aided by normalisation of net interest margins. They also said that the lender expects loan growth in FY26 to trend 3-4 percentage points higher than industry. On asset quality, it sees trends in both MFI and cards improving through the year. On the capital front the bank will be taking an enabling board resolution for potential raise in FY26.ICICI Securities has a buy on Allied Blenders & Distillers with the target price at Rs 600. Analysts said the company’s focus is on premiumisation to drive growth and margins, and it has set ambitious FY28 targets. The company is sharpening its focus on the high-profit premium & above segment, supported by new launches, a dedicated 50-member team, and growing consumer preference for premium variants. Also Officer’s Choice continues to deliver strong margins in the mass premium segment due to a better state mix. Backward integration is on track and expected to complete by FY27, which could improve gross margin.(Disclaimer: The opinions, analyses and recommendations expressed herein are those of brokerage and do not reflect the views of The Times of India. Always consult with a qualified investment advisor or financial planner before making any investment decisions.)
