Select stocks like Nykaa, Welspun Corp, GMR Airports, Northern Arc Capital, M&B Engineering, Midwest and others have seen fresh interest from the various brokerage firms.
Antique Stock broking said Siemens Energy India is well positioned to benefit from the anticipated surge in the Indian power generation growth story.
JM Financial prefers Siemens over ABB India, given relatively stronger ordering trends and scope for margin improvement in FY27.
Axis Securities said that Samvardhana Motherson has surpassed multiple resistance zones of Rs 114-115 levels on a closing basis on the daily and weekly charts.
SMC Global said that Siemens has delivered a decisive breakout above the Rs 3,260 resistance level, supported by a well-defined base formation at lower zones.
Antique maintained 'Buy' rating on Siemens Energy India with an unchanged target of Rs 3,416. On Tuesday, the stock rose 4.54 per cent to hit a high of Rs 3,303 on BSE.
Ambit Capital set Rs 2,900 as target price for Siemens, Rs 3,300 for Siemens Energy India and Rs 650 for CG Power & Industrial, hinting at 6-18 per cent potential downsides.
Infrastructure picks include NCC and HG Infra; industrial favourites are PTC Industries, BHEL, Siemens, TARIL, and Hitachi Energy.
Siemens Energy India is seen benefiting from a strong addressable market in T&D as well as its planned capacity expansion in the transmission segment.
An analyst from Anand Rathi said that Suzlon has found support in the Rs 64–65 zone on the hourly charts, which coincides with its previous breakout level and the S3 Camarilla monthly pivot.
Siemens Energy India fell 4.96 per cent to hit a low of Rs 2,602.40 on BSE. With this, the stock is down 13.03 per cent to hit a low of Rs 2,992.45 apiece.





