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June auto sales data: Commercial vehicle turns consensus player; brokerages list stocks to buy
Indian automakers reported strong performance in June 2026, with healthy demand across passenger vehicles, two-wheelers, commercial vehicles and tractors. Brokerages including Motilal Oswal, Emkay and ICICI Securities highlighted broad-based growth, with several OEMs beating estimates. Maruti, M&M, TVS and Tata Motors stood out, while Hyundai underperformed in PVs. Analysts remain optimistic on the sector, favouring CVs and select two-wheeler players amid improving demand and pricing conditions.
Analysts split on Cyient after $218-mn TAO Digital acquisition; stock up 2%
While Emkay Global retained its 'Reduce' rating on Cyient, Choice Institutional Equities maintained a 'Buy' call, reflecting contrasting views on the strategic and financial implications of the deal
Emkay maintains Nifty 50 target at 29,000; check top picks and portfolio changes
Emkay's exposure to the “post-war oil price weakness” theme remains at 25%. Larsen & Toubro is its biggest individual holding at 7% of the portfolio. Other key picks under the theme include HPCL at 5%, Tata Motors CV business at 5%, Maruti Suzuki at 4%, and Delhivery at 4%.
Smallcap winners! Wockhardt, Tata Tech, CAMS, other stocks rally up to 11% despite overall market weakness
Smallcap stocks outperformed on Tuesday despite weak broader markets, with Wockhardt, Tata Tech and CAMS gaining up to 11% on strong Q4 earnings. While Nifty 50 slipped below 24,000 amid global concerns, improving momentum and technical indicators signal potential continued strength in the smallcap segment, according to Emkay.
Buy Hexaware Technologies; target of Rs 570: Emkay Global Financial
Emkay Global Financial is bullish on Hexaware Technologies has recommended buy rating on the stock with a target price of Rs 570 in its research report dated March 10, 2026.
Reduce Cyient; target of Rs 850: Emkay Global Financial
Emkay Global Financial recommended reduce rating on Cyient with a target price of Rs 850 in its research report dated June 01, 2026.
Reduce Cyient; target of Rs 900: Emkay Global Financial
Emkay Global Financial recommended reduce rating on Cyient with a target price of Rs 900 in its research report dated Jun 15, 2026.
Buy Coforge; target of Rs 1550: Emkay Global Financial
Emkay Global Financial is bullish on Coforge has recommended buy rating on the stock with a target price of Rs 1550 in its research report dated Jun 17, 2026.
Buy Tata Motors; target of Rs 600: Emkay Global Financial
Emkay Global Financial is bullish on Tata Motors has recommended buy rating on the stock with a target price of Rs 600 in its research report dated Jun 23, 2026.
Reduce Tech Mahindra; target of Rs 1450: Emkay Global Financial
Emkay Global Financial recommended reduce rating on Tech Mahindra with a target price of Rs 1450 in its research report dated April 23, 2026.
Reduce Wipro; target of Rs 210: Emkay Global Financial
Emkay Global Financial recommended reduce rating on Wipro with a target price of Rs 210 in its research report dated April 06, 2026.
Buy Tata Motors; target of Rs 600: Emkay Global Financial
Emkay Global Financial is bullish on Tata Motors has recommended buy rating on the stock with a target price of Rs 600 in its research report dated May 14, 2026.