Stocks including Bajaj Housing, RIL, Ambuja Cements, ICICI Bank, Bank of Maharashtra, Bharat Dynamics, Afcons Infra, Indian Hotels and more will be in the spotlight on Tuesday, December 02.
MOFSL has upgraded its earnings per share (EPS) estimates for FY26E by approximately 3–5 per cent and by 2–4 per cent for FY27E/28E for the three companies, citing robust Q2 FY25 performance.
An analyst from Master Capital said that IDFC First Bank has registered a decisive breakout from a rectangle pattern on the daily timeframe, reaffirming continuation of the broader uptrend.
Nuvama continued to endorse Polycab India, KEI Industries, Havells India, Amber Enterprises, and PG Electroplast as its top picks. In contrast, it maintained a cautious outlook on Symphony and Voltas.
SMID picks: Nuvama has Coforge, Ajanta Pharma, KEI Industries, Sun TV, Mahanagar Gas (MGL), Schaeffler India and Motherson Sumi Wiring, among others, as its top SMID picks.
Shares of Polycab India, KEI Industries and RR Kabel, witnessed up to a 4% rise in share prices on Monday.
Goldman expects modest revenue growth for electricals and durables players in Q1, while cutting earnings estimates for electronics manufacturing services (EMS) and consumer durables.
India’s small-cap segment has grown fivefold in market capitalisation over the past seven years, driven by quality performers like KEI Industries, Cera Sanitaryware, and Krishna Institute of Medical Sciences (KIMS). The Bajaj Finserv AMC study highlights how select small caps have outperformed broader indices with stronger fundamentals and higher returns.
For HAL, Jefferies sets a bull case target of Rs 7,500, indicating a potential 50% rise, predicting significant growth driven by strong order flows and improved earnings visibility.
Ambit Capital has expressed positive views on the Indian wires and cables sector, highlighting key players inclduing Polycab India, KEI Industries, RR Kabel and Havells India.
Among stocks, M&M, Kotak Mahindra Bank, KEI Industries and Hindustan Aeronautics are some of the F&O names that closed in the green with a probability of over 80 per cent and an average return of over 5%.





