Nomura recommends buying Bharti Airtel with a target price of Rs 2,300. Analysts participated in Bharti Airtel’s investor call. Highlights included the company’s commitment of Rs 20,000 crore in Airtel Money, which will be gradually funded over the years with 10-15% investment in the first year. The company will also adopt a progressive dividend policy going forward as free cash flow (FCF) generation accelerates. Singtel may continue to sell its 7% treasury shares in Bharti Airtel gradually over the next few years as they consolidate their investments in affiliates. Bharti Airtel will likely continue to increase its stake in Indus Towers from the current 51%, and will get board approval to buy a 5% stake. The company also said that the stake in British Telecom will remain with the promoter entity and Bharti Airtel has no plans to buy that stake. Bharti Airtel will strengthen its stake in Airtel Africa (currently 63%) by buying 16% stake from the promoter family.UBS initiated coverage of BillionBrains Garage Ventures (GROW) with neutral rating and target price of Rs 185. Analysts believe the high growth phase is over for Groww’s broking business, with broking revenues registering a compound annual growth rate (CAGR) of 17% over FY26-FY28. Groww is diversifying into non-broking businesses by leveraging its platform, which includes margin trading facility (MTF), wealth management (WM) and credit. He believes the non-broking segment will be the growth driver with revenues recording 59% CAGR in FY26-FY28. He expects costs to normalize, allowing operating leverage and margin expansion.Bernstein has given outperform rating on Eternal with a target price of Rs 370. Analysts said rising competitive intensity, slow growth of instant commerce (QC) and AI-queries on food delivery have led to a 20% decline in prices over the past few weeks. The recent correction provides a good buying opportunity with a favorable risk-reward ratio for a time period of 12-18 months as key risks are priced in. Growth and profit trajectory in the near term (2-3 quarters) may retain some volatility depending on competitive scenarios.JP Morgan has overweight rating on Dixon Technologies with a target price of Rs 13,700. Analysts said that Mobile PLI 2.0 will be slightly different from the existing scheme. He believes the market is assuming that the PLI scheme will not be extended and Dixon’s mobile business will see margins decline by 50 basis points from FY27. If the plan were extended, Dixon could continue to enjoy a 50 basis point margin profit. This could lead to earnings per share (EPS) growth of 12-16% in FY27-FY28.Motilal Oswal Securities has maintained buy rating on Hyundai Motors India with a target price of Rs 2,567. Analysts said the company’s management has indicated that retail demand in small cars and SUVs is good, with compact/micro-SUVs currently outperforming cars. A new launch cycle of the company was going on with the new venue. It plans to launch 26 models by 2030. He believes its margins may remain under pressure in the near future due to the start-up costs of the Pune plant. They also believe in improving mix and localization to aid long-term expansion. Analysts expect Hyundai Motor India to deliver earnings CAGR of around 12% during FY25-FY28.(Disclaimer: The recommendations and views given by experts on the stock market, other asset classes or personal finance management are their own. These opinions do not represent the views of The Times of India)