Now Reading: Citi, Axis Securities reveal top stock picks after Q1 results
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Citi, Axis Securities reveal top stock picks after Q1 results
Citi has named Bajaj Auto its top pick among Indian two-wheeler companies, ahead of TVS Motor and Endurance Technologies, according to a note by analyst Saurabh Sharma. The brokerage's broader auto pecking order is Maruti Suzuki first, followed by Eicher Motors and Mahindra & Mahindra, with all three seen as market leaders in their segments enjoying strong volume growth.
Separately, Axis Securities has listed its top stock picks after the June quarter results. The calls include Britannia, Bajaj Auto, UltraTech Cement, Hindalco, APL Apollo Tubes, ICICI Bank and Bajaj Finance. Both brokerages' analyses come as investors assess corporate performance in the first quarter of the current financial year.
Indian Opinion Analysis
Both NDTV Profit articles report the same neutral fact: brokerages have published stock picks after the first quarter. Neither article takes a side or uses emotive language, they are straight wire-style reporting. The measured takeaway is that Maruti Suzuki, Eicher Motors, and M&M appear repeatedly across brokerages' top picks, suggesting analyst consensus on these names for the auto sector. A careful reader should note that these are not buy recommendations but pecking orders, and that individual brokerages may differ on specific two-wheeler names. The next concrete event to watch will be the brokerages' own detailed reports expected in the coming days.
Coverage: 2 sources, 2 neutral
Sources (2): ndtvprofit.com (neutral report), ndtvprofit.com (2) (neutral report)
This story was synthesised by AI from the 2 sources linked above. Methodology and corrections.
Updated: this story now draws on 2 sources.
