Brokerage firms have issued notes on BSE, PVR Inox, Bharti Airtel, Reliance Industries, Vodafone Idea, Century Textiles, Zomato today. Let us know further what is their opinion on these stocks.

Jefferies Opinion on BSE
: Underperform
Target: ₹3500 per share
 

• Along with the rating downgrade, the target price has also been increased from ₹2850 to ₹3500 per share
• This stock has moved more than 100% after SEBI announced the new framework on F&O
• As the market share increased, the valuation also saw an increase
• Valuation is expensive, risk-reward is not good in the short term

CLSA's view on PVR Inox
: Outperform
Target: ₹2,450 per share
 

• Q2 earnings and EBITDA beat estimates
• Earnings/EBITDA estimates for FY25-27 down by 4% - 9%
• But, estimates still remain at 12-17% CAGRs for revenue/EBITDA
• Expansion continues, company has 1,745 screens, added 66 new screens in first half

HSBC's view on Bharti Airtel
: Buy
Target: ₹1950 per share
 

• Rating upgraded from Hold to Buy, target price also increased from ₹ 1,325 to ₹ 1,950 per share
• EBITDA/EPS expected to grow at 16%/17% CAGR during FY24-27
• EBITDA/EPS growth due to increase in mobile ARPU, broadband subscriber growth is also good
• EBITDA/EPS growth also benefited from margin expansion
• Capex expected to decline, FCF likely to improve

HSBC's view on Reliance Industries : Hold Target: ₹3010 per share
 

• Jio seems well positioned to capitalise on the opportunity in home broadband
• Jio may achieve 45% market share in home broadband by FY30
• Jio's market share in home broadband currently at 28% by FY24

HSBC's view on Vodafone Idea
: Reduce
Target: ₹7.10 per share
 

• Reduce retains its view, sets target price at ₹7.10 per share
• Reduce call maintained due to expensive valuation and high leverage
• The company is now at risk of further equity dilution
• Many types of dues need to be paid

Nomura's opinion on Century Textiles
: Buy
Target: ₹3700 per share
 

• Potential to be included in top-5 real estate players
• Total GDV projects worth ₹90,000 crore are in the pipeline
• Pre-sales growth potential to grow by 87%/33% y-o-y in FY25/26
• Real estate segment remains OCF-positive till FY25F

UBS Opinion on Zomato
: Buy
Target: ₹320 per share
 

• Industry volume declined 2.9% month-on-month in the September quarter
• Competition between Zomato and Siwggy continued in the second quarter
• Zomato's GMV growth expected to be 7% quarter-on-quarter in Q2