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Motilal Oswal Financial Services recommended a buy on Piramal Pharma with a target price of Rs 300. The current price is Rs 233.4. Despite a quarterly income dip, the company anticipates growth in the CDMO/CHG segments. Piramal Pharma, a Small Cap company with Rs 30903.19 crore market cap, has notable top management and superior future estimates.

Nifty companies faced significant EPS cuts in January, with industrials, pharmaceuticals, and IT being slightly immune. Key sectors like insurance and metals saw severe reductions. FY26 corporate earnings are expected to improve due to increased consumption demand and government spending. Challenges include muted performance in automobiles, consumer staples, and cyclical sectors like oil & gas and metals.

Axis Securities has a buy call on Nestle India with a target price of Rs 2520, citing the company s 4% YoY revenue growth due to price hikes. Though Nestle faced cost challenges and a decline in EBITDA, it managed a 6% PAT growth. The RURBAN strategy enhanced distribution reach, and the brokerage remains optimistic about long-term prospects.

The Nifty IT index was trading 0.33 per cent up at 43028.15.

BSE is set to report a 104% YoY revenue increase and triple-digit profit growth for Q3FY25, driven by higher premium turnover and growth in the options segment. Despite regulatory challenges, both Motilal Oswal and Mirae Asset Sharekhan provide optimistic outlooks, expecting substantial transaction revenue growth and improved profitability.

Puneet Chhatwal, MD & CEO of Indian Hotels, discusses the anticipated growth in the Indian hospitality sector driven by the expanding middle class. He highlights Indian Hotels strategic growth through brands like Ama, Qmin, and Ginger, emphasizing their capital-light model and optimistic growth projections of 30-40%. Government initiatives and infrastructure developments are expected to further boost the sector.

Welspun Corp s consolidated net profit surged to Rs 672.19 crore in the December quarter due to lower expenses, despite a drop in total income. The company s order book hit Rs 15,000 crore, boosted by increased demand for ductile iron pipes and strong market conditions in the US and Saudi Arabia.

Solarium Green Energy launches its IPO to raise around Rs 105 crore, with a price band of Rs 181-191 per share. The IPO is entirely a fresh equity sale and aims to fund working capital and corporate purposes. The share allotment is expected on February 11, and listing on February 13.