Shaleen Agrawal

CLSA expects MRF's margins to recover sequentially as price hikes, further increases and OEM cost pass-through help offset the sharp rise in raw-material costs.

Indian markets enter Thursday with conflicting cues. GIFT Nifty points to a mildly weak opening for benchmark indices Sensex and Nifty, while the broader global backdrop has improved following the benign US inflation print and a retreat in crude oil prices.

Lenskart stock jumps 5% after Q1 results; Jefferies sees more upside, Citi and HSBC flag rich valuations

Brokerages remain positive on Tata Motors CV after strong Q1 results, citing healthy commercial vehicle demand, price hikes and cost-reduction measures that could support further margin improvement.

Citi sees Bharti Airtel's latest prepaid plan rationalisation as another incremental lever for ARPU and earnings growth, complementing the company's broader premiumisation strategy. Citi estimating a roughly 2 percent potential earnings benefit from the latest move.

UltraTech Cement shares fell over 2 percent after 25 lakh shares changed hands in a large block trade. The deal comes a day after a report said promoter-group entity Pilani Investment was set to sell partial stake at a discount.

GIFT Nifty was trading marginally down on Friday morning, signalling a weak start for benchmark indices Sensex and Nifty. Indian markets face a broadly supportive global backdrop on the back of easing US inflation, but still elevated crude oil prices may keep sentiment in check.

Tata Motors PV stock slides 4.5% after Q1, top Nifty loser; brokerages cautious on margins

LG Electronics India shares rose sharply on Friday after Q1 profit jumped 27 percent, with CLSA and Jefferies highlighting stronger margins, premiumisation and broad-based growth.

Jefferies and CLSA remain positive on Jubilant FoodWorks, citing an expected recovery in Domino’s India growth and continued Popeyes momentum, while HSBC sees a more gradual recovery amid commodity inflation.