Brokerage Reports: 16 Stocks Under Scrutiny, What's Next for Investors?

• Brokerage houses issued 'Buy' and 'Overweight' calls on 16 stocks including Nykaa, Hitachi Energy, Kaynes Tech, Astral, LIC, Godrej Properties, IOC, Bharti Airtel, and Bharti Hexacom.
• Nykaa upgraded to 'Buy' by Nomura with a target of Rs 305, citing better-than-expected Q3 EBITDA and continued margin improvement.
• Hitachi Energy received a 'Buy' from Jefferies with a Rs 25,000 target, driven by 43% higher Q3 EBITDA and strong order flow.
• Kaynes Technology saw mixed reports; JPM gave 'Overweight' (target Rs 6,100) despite weaker Q3, while Jefferies gave 'Buy' (target Rs 5,940) noting increased net debt.
• Concerns were raised for Tata Motors – PV Business with Jefferies issuing an 'Underperform' call due to JLR challenges and insufficient India PV business compensation.