# Motilal Oswal reviews Q1 results for Bharti Hexacom, Happy Forgings and Ventive Hospitality 2026-08-06T07:19:22+00:00 | India | Indian Opinion Desk NDTV Profit carried a Motilal Oswal Financial Services review of June-quarter results for Bharti Hexacom, Happy Forgings and Ventive Hospitality, with the brokerage reiterating a Buy rating on all three. It raised its target price on Bharti Hexacom to Rs 2,050 from Rs 1,875, citing stronger earnings, healthy free cash flow and expected tariff-led growth. Happy Forgings kept its Buy call and a Rs 2,095 target price after another quarter of margin expansion, while Ventive Hospitality retained a Rs 750 target as its domestic business held up despite overseas weakness. Motilal Oswal credits each company with a different operating strength rather than one common driver behind the ratings. The report does not give the revenue, profit or margin figures behind any of the three calls. ## Indian Opinion Analysis Reiterated Buy ratings and a raised target price for Bharti Hexacom point to the brokerage's confidence in its cash generation, but a target price is one firm's projection, not a guaranteed outcome, and none of the underlying revenue, profit or margin numbers behind these three calls appears here. Ventive Hospitality's split performance, resilient at home while its overseas business weakens, shows why a summary of positive trends still needs segment-level detail to be tested. NDTV Profit states that the report is authored by an external party, that it does not vouch for the accuracy of its contents, and that the section does not constitute investment advice. Each company's next quarterly filing, when it reports the revenue, profit and margin figures behind the brokerage's Q1 review, will show whether the brokerage's confidence holds up. ## Coverage - www.ndtvprofit.com Tags: Motilal Oswal, NDTV Profit Canonical: https://indianopinion.org/bharti-hexacom-to-happy-forgings-q1-review-check-motilal-oswals-target-prices/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/bharti-hexacom-to-happy-forgings-q1-review-check-motilal-oswals-target-prices/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.