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November 11, 2025
We have collated a list of recommendations from top brokerage firms from ETNow and other sources.
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Bajaj Finance announced a 22% rise in its Q2FY26 net profit. However, this result was slightly below market expectations. Analysts have differing opinions. Morgan Stanley maintains an ‘Overweight’ rating with a revised target price. Bernstein, however, reiterates an ‘Underperform’ rating due to emerging stress in certain loan segments and rising credit costs.
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Vodafone Idea’s net loss narrowed significantly in the September quarter of FY26, reaching Rs 5,524 crore. The telecom operator also saw its Average Revenue Per User (ARPU) climb to Rs 180, a healthy 8.7% year-on-year jump. Revenue from operations increased, and the company expanded its 4G/5G subscriber base, signaling positive momentum.
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Oil and Natural Gas Corp. saw its quarterly profit drop 18 percent. This decline is attributed to lower oil prices. The company announced an interim dividend for shareholders. ONGC is also investing in renewable energy and entering the ethane transportation business through new joint ventures. Crude oil production saw a slight increase.
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Warren Buffett is stepping back from writing Berkshire’s annual letters after nearly six decades, opting for a quieter approach. He will continue to communicate with shareholders through his annual Thanksgiving message. Long-time lieutenant Greg Abel is set to officially take over as Berkshire’s chief executive by year-end, marking the end of an era.
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Lenskart Solutions debuted on Indian bourses with a 1.7% discount to its IPO price, listing at ₹395 against ₹402. Despite a strong IPO subscription, analysts advised caution due to high valuations, recommending investors monitor profitability for 2-3 quarters before fresh purchases.
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E-commerce platform Meesho is preparing for its Initial Public Offering. The company aims to launch its IPO in the second week of December. The offering is expected to raise between ₹5,500 crore and ₹6,000 crore. This move will allow some investors to partially exit. Meesho has received approval from Sebi for the IPO.
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General Atlantic is close to acquiring a 7% stake in Balaji Wafers for ₹2,500 crore. This deal values the Gujarat-based snack maker at approximately ₹35,000 crore. Balaji Wafers founder Chandu Virani confirmed the negotiations are in the final stages. The company is a major player in the Indian salty snack market, ranking third nationally.
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Bajaj Finance reported a 23% yearly increase in consolidated net profit to ₹4,948 crore for the July-September quarter, driven by a 22% rise in net interest income and a 26% surge in new loans booked. The NBFC’s assets under management grew 24% to ₹4.6 lakh crore, with a mild deterioration in asset quality to 1.2%.
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