Stock brokerages, including HSBC Global Research and ICICI Securities, have issued research reports on select stocks. HSBC has a 'Buy' rating on Titagarh Rail Systems, citing a strong order backlog and improved EBITDA margins. Nuvama Institutional Equities has a 'Buy' rating on Polycab India, predicting continued high growth and improved valuations. ICICI Securities recommends Bank of Maharashtra, citing higher base formation and a potential breakout in the Nifty PSU bank index. Motilal Oswal has a 'Buy' rating on VRL Logistics, highlighting its prominent presence in the LTL segment and expected volume growth.
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