Buy or sell: Stock recommendation by brokers for November 14, 2025
Jefferies has a buy rating on Asian Paints with the target price raised to Rs 3,300. Analysts said the domestic volume growth of Damp Defence (a waterproofing solution) along with share gains were key highlights from the company’s July-Sept quarterly (Q2FY26) numbers, led by investments in brands, innovation, and regional activations. Interestingly, this was coupled with smart margin expansion, they said. Analysts said the competition in the segment remains intense, but paints is a business of long term relationships.Morgan Stanley has an overweight rating on Tata Steel with the target price at Rs 200. Analysts said standalone earnings before interest, taxes, depreciation and amortisation (EBITDA) was above estimates, led by good cost control. Consolidated EBITDA and profit after tax (PAT) were also ahead of estimates. They pointed out that the company’s net debt rose in the quarter, partly due to adverse foreign exchange impact. The company also achieved 94% of planned savings in the first half of Fy26.Nomura has a buy rating on Hindustan Aeronautics with the target price at Rs 6,100. Analysts said the company had a mixed quarter during which executions were above estimates but margins were lower. They also pointed out the company reported an in-line PAT as higher other income offset operational miss. The company also has left its FY26E margin guidance intact.HSBC has a reduce rating on Honasa Consumer (Mamaearth) with the target price at Rs 264. Analysts said during Q2FY26 Mamaearth’s growth turned positive while emerging brands’ growth were stable at 20% on the year. The company’s revenue growth was similar, adjusted for reporting change. They raised PAT estimates for fiscal 2027 by 6% and by 5% for fiscal 2028.Elara Capital has a buy on Balrampur Chini Mills with the target price slightly cut to Rs 584 from Rs 602 earlier. Analysts said the company reported strong numbers in Q2FY26, led by strong sugar and distillery volumes. They said near-term margins impacted by higher SAP and ethanol delay. Analysts also said that for the company FY27 is expected to be a transition year before recovery from FY28. Analysts also said the company’s numbers were positive on Polylactic Acid (PLA), a biodegradable plastic derived from sugarcane, that led to margin gains and solid balance sheet.Disclaimer: The opinions, analyses and recommendations expressed herein are those of brokerage and do not reflect the views of The Times of India. Always consult with a qualified investment advisor or financial planner before making any investment decisions.
