CLSA has an outperform rating on Jindal Steel with the target price at Rs 1,420. Analysts said the company’s Jan-March quarter (Q4FY26) adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) was slightly higher than estimates, mainly on higher volumes that rose 23% on the year (YoY) with adjusted EBITDA/tonne of Rs 10,103 (+Rs 3,100/t). As Angul expansion ramps up, expect production to rise sharply, they said. The company guided a 10.5-11mt steel sales volume in FY27 (FY26: 8.7mt). This, along with higher spreads, is driving CLSA’s estimates of a 40% compounded annual growth rate of EBITDA over FY26-FY28. With sharply higher steel prices, its near-term outlook is robust. Timely ramp-up of the newly commissioned capacity is the key to watch, analysts said.UBS has a neutral rating on Voda Idea with the target price at Rs 12.40. Analysts said Vodafone Idea AGR dues post reassessment is at Rs 64,000 crore (vs Rs 87,700 crore), and payments to commence from FY32. The company’s AGR dues payment schedule is now at a minimum Rs1,000 crore from FY32-FY35 in six equal payments of remainders from FY36-FY41. This could yield a potential equity value increase of about 20% on the current base case for the broker.Citigroup has a sell on Avenue Supermart (D-Mart) with the target price raised to Rs 3,650. Analysts said in Q4FY26 the company’s same store growth (SSG) improved to 10.8%, leading to revenue growth and earnings per share (EPS) growth of 19% and 17% YoY, respectively. The company’s management highlighted some spike in consumer-buying in Mar ’26 (due to geopolitical tensions) which normalized towards the end of the month. The company’s consolidated free cash flow (FCF) remained negative at Rs 960 crore (cumulative at negative 3,400 crore in the last five years) leading to Rs 660 crore net debt in FY26 (vs Rs 360 crore net cash in FY25). The company’s profit growth has lagged revenue growth in nine out of the last 12 quarters, likely due to competition from quick commerce, lower other income and higher interest cost. Morgan Stanley maintained an equal-weight rating on Hindustan Unilever (HUL) with the target price at Rs 2,480, up from Rs 2,372 earlier. The management sounded optimistic on demand outlook with stable rural and urban trends. The company expects 8-10% cost inflation in Q1FY27 and has initiated 2-5% price hikes. Its FY27 growth is expected to improve versus FY26 with balanced volume and pricing growth. It has also maintained its EBITDA margin guidance of 22.5%-23.5%, while it raised its FY27 topline growth estimate to 11% from 7% earlier. Analysts revised its target price upwards after earnings estimate tweaks of 1-3%. JP Morgan has an overweight rating on Indigene with the target price at Rs 600, from Rs 500 earlier. The company’s Q4FY26 print was mixed with a beat on revenues but a miss on margins. Its revenues grew 3.4% on the quarter with the organic growth at 2.7%, that was ahead of estimates. Organic revenue growth has accelerated to 10.6% in constant currency term Y-o-Y in FY26 after a period of two years of high single digit growth. Goldman Sachs has a sell rating on Laurus Labs with the target price at Rs 1,000. Analysts said that the company’s Q4FY26 sales grew 5% and EBITDA 22% Y-o-Y, which was broadly in line, with revenue surprises coming across business segments barring generic finished dosage form (FDF). EBITDA margin improved to about 28.3%, primarily due to improvement in gross margins. While the company did not provide quantitative topline guidance for FY27, analysts noted that the management had previously mentioned that it had laid out a strong foundation in FY26 and expects to reach 1.1x asset turns in the next 24 months, from 0.9x currently. It also expects margins to improve in FY27 driven by an uptick in asset utilisation, mix improvement and operating leverage.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India.)