New Analyst Calls: Groww, Sagility, Meesho and Other Stocks in Focus This Week

Groww Gets Fresh Brokerage Attention: Groww remains on the radar after Macquarie initiated coverage on the stock with an Outperform rating and a Rs. 260 target. The brokerage expects India’s capital-market opportunity to expand through FY30, supported by rising financial savings and greater participation in market-linked products. Jefferies also has a Rs. 240 target on Groww.

Sagility Sees New Coverage From Emkay: Sagility is another stock attracting analyst attention this week. Emkay initiated coverage on the healthcare services company with a Buy rating and a Rs. 55 target. The brokerage highlighted the company’s scale, specialisation and structural growth opportunities. Sagility’s latest reported June-quarter revenue stood at Rs. 1,549 crore, with profit at Rs. 149 crore.

Meesho Faces Mixed Analyst Views: Meesho has received contrasting brokerage views ahead of the new week. UBS maintained a Buy rating and raised its target to Rs. 260, citing stronger seller and buyer growth and improving ad monetisation. Nomura, meanwhile, initiated coverage with a Reduce rating and a Rs. 167 target, pointing to valuation and competitive concerns.

Dr Reddy’s Gets Rs. 1,740 Target From Nomura: Dr Reddy’s Laboratories is also in focus after Nomura retained its Buy rating and rs. 1,740 target on September 28. The brokerage highlighted upcoming milestones in the company’s biologics business and remained constructive on its biosimilar opportunity. Shares gained more than 1% during Monday’s session following the latest analyst update.

GE Shipping Enters The Analyst Radar: GE Shipping saw fresh analyst attention after Nomura initiated coverage with a Buy rating and a Rs. 1,965 target. The brokerage highlighted the company’s strong cash position and fleet expansion strategy. It also pointed to the company’s approach of buying vessels at attractive prices, selling when conditions are favourable and maintaining relatively low leverage.

Time Technoplast Gets A Rs. 280 Target: Time Technoplast is another stock to watch after Motilal Oswal issued a fresh Buy call with a Rs. 280 target on September 28. The brokerage noted that FY26 was a strong year for the company, with revenue, EBITDA and profit rising 12%, 14% and 21%, respectively.

Aster DM Healthcare Also In Focus: Aster DM Healthcare has received a fresh Buy call from Motilal Oswal, which set a Rs. 910 target in its September 28 research report. The stock joins a wider list of companies receiving new brokerage coverage or target updates as investors track analyst expectations and company-specific triggers during the week.

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