Amber Enterprises, ABFRL, Premier Explosives, Sansera, Welspun Living | Target prices

Amber Enterprises, ABFRL, Premier Explosives, Sansera, Welspun Living | Target prices

Jefferies initiated coverage on ABREL with a ‘Buy’ rating and a target price of Rs 1,880, implying a 34 per cent upside. The company’s Q1 earnings and sales, reported on August 13, exceeded Bloomberg estimates.

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JPMorgan analyst Bhavik Mehta upgraded Amber Enterprises to ‘Overweight’ from ‘Neutral’ and set a target price of Rs 8,350, implying a 16 per cent upside. JPMorgan analyst Bhavik Mehta upgraded Amber Enterprises to ‘Overweight’ from ‘Neutral’ and set a target price of Rs 8,350, implying a 16 per cent upside. (AI Generated Image)
Amit Mudgill
  • Aug 17, 2026,
  • Updated Aug 17, 2026 8:09 AM IST

A handful of brokerages have changed their ratings and/or target prices on a dozen stocks, including Aditya Birla Real Estate Ltd (ABREL), Amber Enterprises India Ltd, Endurance Technologies Ltd and Galaxy Surfactants Ltd. Others included JSW Cement Ltd, Minda Corp Ltd, NMDC Ltd, Physics Wallah Ltd, Premier Explosives Ltd, Sansera Engineering, Skipper, Sudarshan Chemical and Welspun Living.

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Jefferies initiated coverage on ABREL with a ‘Buy’ rating and a target price of Rs 1,880, implying a 34 per cent upside. The company’s Q1 earnings and sales, reported on August 13, exceeded Bloomberg estimates.

JPMorgan analyst Bhavik Mehta upgraded Amber Enterprises to ‘Overweight’ from ‘Neutral’ and set a target price of Rs 8,350, implying a 16 per cent upside. According to Bloomberg data, JPMorgan has rated the stock ‘Neutral’ twice and ‘Overweight’ once. The stock declined an average 16 per cent during periods when it carried a ‘Neutral’ rating and fell 35 per cent when rated ‘Overweight’.

Choice Equity Broking upgraded Endurance Technologies to ‘Buy’ from ‘Add’ and set a target of Rs 3,380, indicating a 17 per cent potential upside.

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ICICI Securities analyst Sanjesh Jain downgraded Galaxy Surfactants to ‘Hold’ and set a target price of Rs 2,430, implying a 3.1 per cent downside.

Arihant Capital Markets downgraded Sansera Engineering to ‘Hold’ from ‘Accumulate’ with a target of Rs 4,201. Dolat Capital analyst Varun Jain downgraded Premier Explosives to ‘Sell’ from ‘Reduce’ and set a target of Rs 569. Meanwhile, Dolat Capital’s Pratik Tholiya raised the target price for Welspun Living to Rs 203.

Equirus Securities analyst Siddharth Gadekar upgraded NMDC to ‘Buy’ with a target price of Rs 110. 

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

A handful of brokerages have changed their ratings and/or target prices on a dozen stocks, including Aditya Birla Real Estate Ltd (ABREL), Amber Enterprises India Ltd, Endurance Technologies Ltd and Galaxy Surfactants Ltd. Others included JSW Cement Ltd, Minda Corp Ltd, NMDC Ltd, Physics Wallah Ltd, Premier Explosives Ltd, Sansera Engineering, Skipper, Sudarshan Chemical and Welspun Living.

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Jefferies initiated coverage on ABREL with a ‘Buy’ rating and a target price of Rs 1,880, implying a 34 per cent upside. The company’s Q1 earnings and sales, reported on August 13, exceeded Bloomberg estimates.

JPMorgan analyst Bhavik Mehta upgraded Amber Enterprises to ‘Overweight’ from ‘Neutral’ and set a target price of Rs 8,350, implying a 16 per cent upside. According to Bloomberg data, JPMorgan has rated the stock ‘Neutral’ twice and ‘Overweight’ once. The stock declined an average 16 per cent during periods when it carried a ‘Neutral’ rating and fell 35 per cent when rated ‘Overweight’.

Choice Equity Broking upgraded Endurance Technologies to ‘Buy’ from ‘Add’ and set a target of Rs 3,380, indicating a 17 per cent potential upside.

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ICICI Securities analyst Sanjesh Jain downgraded Galaxy Surfactants to ‘Hold’ and set a target price of Rs 2,430, implying a 3.1 per cent downside.

Arihant Capital Markets downgraded Sansera Engineering to ‘Hold’ from ‘Accumulate’ with a target of Rs 4,201. Dolat Capital analyst Varun Jain downgraded Premier Explosives to ‘Sell’ from ‘Reduce’ and set a target of Rs 569. Meanwhile, Dolat Capital’s Pratik Tholiya raised the target price for Welspun Living to Rs 203.

Equirus Securities analyst Siddharth Gadekar upgraded NMDC to ‘Buy’ with a target price of Rs 110. 

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
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