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Watch | Emkay’s Seshadri Sen: IT sell-off overdone, stick to largecaps amid AI disruption
Seshadri Sen, Head of Research & Strategist at Emkay Global Financial Services, says the IT sell-off has overshot fundamentals, creating a tactical opportunity in large-cap names. Despite AI disruption, firms will still need IT vendors for integration and deployment, and AI could expand tech spending. He sees no signs of structural stress and says current pessimism is driven more by narrative than reality.
Emkay turns constructive on Indian IT after recent sell-off; check model portfolio changes
Brokerage firm Emkay Global said that generative AI is still some distance away from being enterprise-ready at scale and is unlikely to have universal applicability across use cases in the near term.
SAIL share price target raised to ₹200 by Emkay on sharp earnings recovery potential
The brokerage has raised its price target by 14% to ₹200 from ₹175 earlier, citing attractive valuations, near-term operational levers, and supportive pricing trends.
IndusInd Bank upgraded to Buy by Emkay with 17% upside potential
IndusInd Bank shares have been upgraded by Emkay Global, citing confidence in new management’s push to improve earnings quality and balance sheet mix. The target price has been raised to ₹1,100 per share from ₹800.
Reduce Dr Reddys; target of Rs 1300: Emkay Global Financial
Emkay Global Financial recommended reduce rating on Dr Reddys with a target price of Rs 1300 in its research report dated July 01, 2026.
Buy Vedanta Aluminium Metal; target of Rs 550: Emkay Global Financial
Emkay Global Financial is bullish on Vedanta Aluminium Metal has recommended buy rating on the stock with a target price of Rs 550 in its research report dated July 01, 2026.
Reduce Dr Reddys; target of Rs 1300: Emkay Global Financial
Emkay Global Financial recommended reduce rating on Dr Reddys with a target price of Rs 1300 in its research report dated July 10, 2026.
Buy Dixon Technologies; target of Rs 15,200: Emkay Global Financial
Emkay Global Financial is bullish on Dixon Technologies has recommended buy rating on the stock with a target price of Rs 15,200 in its research report dated July 10, 2026.
Buy Waaree Energies; target of Rs 4260: Emkay Global Financial
Emkay Global Financial is bullish on Waaree Energies has recommended buy rating on the stock with a target price of Rs 4260 in its research report dated February 26, 2026.
Buy Shriram Pistons and Rings; target of Rs 4650 Emkay Global Financial
Emkay Global Financial is bullish on Shriram Pistons and Rings has recommended buy rating on the stock with a target price of Rs 4650 in its research report dated March 01, 2026.
Buy Apollo Tyres; target of Rs 600: Emkay Global Financial
Emkay Global Financial is bullish on Apollo Tyres has recommended buy rating on the stock with a target price of Rs 600 in its research report dated March 04, 2026.
Buy Delhivery; target of Rs 500: Emkay Global Financial
Emkay Global Financial is bullish on Delhivery has recommended buy rating on the stock with a target price of Rs 500 in its research report dated March 07, 2026.