Buy or Sell: Stock Recommendations by Brokers for May 13, 2026
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This was supported by strong operating metrics, driven by average hotel rate (ARR) growth per available room (RevPAR) of 10% year-on-year (12% year-on-year on a standalone basis), while occupancies improved by 100 basis points (100 basis points, or bps = 1 percentage point) to 78%.Management identified an impact of Rs 40-45 crore from West Asia-related disruptions in March. Analysts said the hospitality major’s earnings before interest, taxes, depreciation and amortization (EBITDA) margins during Q4FY26 remained healthy at 35%, supported by cost discipline and a sharp 30% growth in management fees to Rs 220 crore.Looking ahead, the company’s management guides 12-14% revenue growth in FY2017 due to resilient domestic demand and limited supply growth.Kotak Institutional Equities has an under rating on UPL with a target price of Rs 650. Analysts said UPL reported 18% year-on-year revenue growth for Q4FY26, boosted by 10 percentage points from forex, although voluntary provisions of Rs 350 crore and higher tax rates hampered earnings growth.Amid the uncertain outlook, the management has narrowed the guidance to just Q1FY27, analysts said. The company’s restructuring plan remains on the agenda. Synova’s $87 million investment to reduce its debt at a high valuation is a concern for analysts.HSBC has given buy rating on Oberoi Realty and raised the target price to Rs 2,100. Analysts said the company’s main strength was in Mumbai’s core market of Goregaon, where both residential demand and office occupancy were growing.They expect a pickup in new launches and continued momentum for high-quality residential products. A slowdown in the luxury real estate market and launch delays are downside risks.CLSA has outperform rating on PVR with a target price of Rs 2,135. Analysts said the company’s Q4FY26 revenue at Rs 155 crore was up 24% year-on-year and in line with estimates. Its movie ticket sales grew 27% YoY, EBITDA was up 60% YoY at Rs 450 crore, and PAT was reported at Rs 190 crore.Admissions stood at Rs 15 crore in FY26, highest ever revenue, EBITDA, average ticket price (ATP) and per capita spend on food & beverages (F&B SPH) with 10% YoY growth. PVR Inox is funding the expansion through internal accruals and its FY26 free cash flow has more than doubled to Rs 790 crore.Citigroup has a buy recommendation on Nuvma with a target price of Rs 2,050. Analysts said Nuvama saw strong momentum across all segments, with continued growth in net new inflows across wealth segments; Sharp improvement in asset service revenues; And stable to improving profit before tax (PBT) margins across all segments except AMC in FY2026.The company’s PAT grew 6% quarter on quarter (QoQ). Nuvama’s focus on expanding its business scope and gradual realization of leverage benefits is likely to further support profitability on a medium-term constructive outlook.(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)