Brokerage Calls

Urban Company [URBANCOMPANY] gained 3% following Motilal Oswal's initiation of coverage with a Neutral stance and ₹125 target price, balancing growth potential against valuation concerns.

Elara Securities initiates bullish stance on Eternal, projecting significant upside driven by platform fee optimization and improved margin dynamics.

Nomura has upgraded Kotak Mahindra Bank [KOTAKBANK] to Buy with a ₹445 target, positioning it as the preferred banking play while maintaining ICICI Bank [ICICIBANK] as a long-term compounder amid rising funding pressures.