Jefferies keeps 'buy' on five Indian stocks after Q2 results
Jefferies kept buy ratings on five Indian companies after their Q2 results and revised their price targets, according to Mint.
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what happened
According to Mint, citing Jefferies India, the investment bank kept 'buy' ratings on Sunteck Realty, Radico Khaitan, WeWork India, Supreme Industries and Kajaria Ceramics after reviewing Q2 FY27 earnings.
Sunteck Realty's pre-sales rose 19% in the first half, and its target was cut to Rs450. Radico Khaitan posted 17% revenue growth and 50% EBITDA growth, with a target of Rs5,200. WeWork India expects revenue growth of 28% in FY27, with a target of Rs950. Supreme Industries has a target of Rs4,235, while Kajaria Ceramics' target was raised from Rs1,205 to Rs1,240.
why it matters
Brokerage notes like these mainly concern individual companies and have little effect on the broader market. For investors they serve as a gauge of sentiment in real estate, alcoholic beverages, flexible office space, plastics and ceramics.
tags
instruments
sources
- Sunteck Realty, Radico Khaitan, WeWork India, Supreme Industries, Kajaria: Jefferies sees up to 64% upside; target price — Moody's, 28 October 2026 at 03:02 UTC
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