Brokerage firms have issued notes on Varun Beverages, Bajaj Finance, Neuland Labs, IndusInd Bank, IOC, HPCL, BPCL, NTPC, Navin Fluorine and Federal Bank today. Apart from this, one note each has been issued on 2-wheelers and credit card companies. Let us know further what is the opinion of analysts on these.

UBS's opinion on 2-wheelers
 

• Buy opinion remains intact on TVS Motor and Eicher Motors
• Sell ​​opinion remains intact on Hero MotoCorp and Bajaj Auto
• Huge discounts on 2-wheelers on e-commerce platforms
• 2-wheeler discounts expected to continue during the festive season
• TVS Motor's market share is increasing, Hero MotoCorp's market share is decreasing

HSBC's view on Varun Beverages
: Buy
Target: ₹ 780 per share
 

• The company has 90% of PepsiCo's bottling volume in India
• Soft drink market in India still has low penetration
• Use of AI in marketing tools to increase sales in India
• If the company is more aggressive than its competitors, its market share can increase rapidly

CLSA's view on Bajaj Finance
: Outperform
Target: ₹9200 per share
 

• Due to challenges in the last 3 quarters, the company's profit was less than loan growth
• RBI's ban also affected quarterly fee income by ₹200 crore, NIM also showed pressure
• High credit cost may normalize in the next 1-2 quarters
• Even if the company increases credit cost guidance by 2%, estimated FY25 EPS will be up 1-1.5%
• The company's focus will be on loan growth and operating leverage for the next 1-2 years

Goldman Sachs' opinion on Neuland Labs
: Buy
Target: ₹ 12,975 per share
 

• BMS gets approval for Schizophrenia drug from US FDA, same expectation was there earlier too
• Recently, American analysts had expressed confidence about timely approval
• After the commercial launch, the company's income saw an increase

Morgan Stanley's opinion on oil marketing companies
 

• HPCL and BPCL are the most preferred stocks compared to IOC
• Fuel prices in India are benchmarked at $80 per barrel level
• Better supply from oil markets, supply is likely to increase further

Goldman Sachs' opinion on IndusInd Bank
: Buy
Target: ₹1635 per share
 

• The board reappointed MD & CEO, approval has been received from RBI
• Short-term overhang of management changes reduced following reappointment
• Second quarter results will be another big trigger for the stock
• The company may make a profit of ₹2,200 crore in the second quarter
• Estimated credit cost may be 1.2%

HSBC's take on cards
 

• Credit card spending remained sluggish at 13% in August, down 32% last fiscal (YoY)
• Net credit card issuances of the industry also showed a slowdown
• In 5MFY25, HDFC Bank, ICICI Bank, Axis Bank and IDFC First Bank increased their market share in ICF
• SBI Card, IndusInd Bank, Kotak Bank also saw their market share in CIF decline

Jefferies Opinion on NTPC
: Buy
Target: ₹485 per share
 

• NTPC Green started operating with 3.2 GW capacity
• It has 3.1 GW of solar and 100 MW of wind power
• The company is preparing to increase its capacity 19 times to 60 GW by 2023, expansion possible at 44% CAGR
• A fresh issue of ₹10,000 crore will be issued in DRHP
• 10-15% share reduction and NTPC RE at 2 times premium to coal business
• The company's market share can potentially grow by 5-11%

Nirmal Bang's View on Navin Fluorine
Opinion: Buy
Target: ₹4000 per share
 

• Target price raised from ₹3600 to ₹4,000 per share with Buy rating
• The bad times are not over yet, macro factors are improving but competition from China is increasing
• Margins expected to improve on a quarterly basis from the current base
• CDMO business expected to generate $100 million in revenue by FY27
• The overhang on MD appointment is now over

Nomura's View on Federal Bank
: Buy
Target: ₹240 per share
 

• Shift from value to quality has begun, best bank in midcap
• The company outperformed on the deposits and asset quality front
• P/B of 1.2x for FY26F is an attractive valuation
• Among private banks, except Bandhan Bank, this bank has the highest earning yield