Fund House Recommendations Summary

>> Positive Outlook

– Morgan Stanley (MS)

Godrej Consumer: Overweight | Target: ₹1,431/share

M&M: Overweight | Target: ₹3,668/share

Tata Power: Overweight | Target: ₹449/share

– Nomura

CEAT: Buy | Target: ₹3,945/share

– HSBC

Embassy Office Parks REIT: Buy | Target: ₹435/share

Brookfield India REIT: Buy…[Read more]

Key Corporate Announcements
 Maruti Suzuki India

Production up 1.4% YoY in May, reaching 1.95 lakh units, compared to 1.93 lakh units in May 2024.

 Adani Enterprises

Denies allegations by The Wall Street Journal linking the company to sanctioned Iranian LPG, calling them “baseless and mischievous.”

 Reliance Infrastructure

To pay ₹92.6…[Read more]

03 June 2025 | Events Update | Earnings Calls

11:30 AM | Apex Frozen | Dial: ‪+91 22 6280 1256‬

11.30 AM | Apex Frozen Foods | Dial-in +91 22 6280 1256 / 22 7115 8157

Apex Frozen Foods (CMP – Rs 230 | Mcap – Rs 720 Cr) – one of the leading Producer & Exporter of processed seafood, reported its Q4 & FY25 Results.

-Business Highlights Q4F…[Read more]

Market News & Corporate Updates – 3rd June 2025

>> Positive Developments
Biocon: Receives approval for diabetes drug Liraglutide in India.

> PTC India Financial Services: Recovers ₹125 Cr from NSL under the resolution plan, completing full principal recovery.

> Frontier Springs: Secures orders worth ₹92.6 Cr for air springs assem…[Read more]