PhysicsWallah, Ambuja Cement & more: Stock recommendations by brokers for today — check details

Goldman Sachs initiated its coverage of PhysicsWallah with a neutral rating and a target price of Rs 135. Analysts said the company is one of India’s largest edtech platforms, with a broadly equal mix of revenues from online and offline segments. They forecast a 24% compounded annual growth rate (CAGR) of revenue for FY25-FY30 (vs 38% for last two years), at mid-to-high end of India internet coverage, with 80%+ earnings before interest, taxes, depreciation, and amortisation (EBITDA) CAGR over this period. Analysts said they view such numbers as a function of PW’s strong top of the funnel organic traffic, a relatively benign competitive environment in India’s edtech sector, and PW’s pricing structure that allows it to penetrate deeper into multiple new education categories. They also warned that PW’s business model also has a negative working capital cycle, and forecast 100%+ free cash flow to net income for the company starting FY26.Avendus Spark initiated its coverage of LG Electronics with a reduce rating and a target price of Rs 1,536. Analysts said despite lower bargaining power and increasing customer choices due to competition, LG’s extensive reach remains a key strength and moat. The company has a robust in-house manufacturing capability and a third facility is in the pipeline to cater to the South Indian market and exports, which will also save logistics costs. They said the company is likely to face market share erosion, revenue impact and challenges in its niche premium/super-premium categories due to relatively new entrants.Nuvama has initiated its coverage of Knowledge Marine Engineering Works with a buy rating and a target price of Rs 2,500. Analysts said that India’s maritime industry is at an inflection point with unprecedented emphasis on infrastructure creation and inland waterways. KMEW enjoys a 50% order-win rate amid scarce competition and high entry barriers, delivers superior 35–40% EBITDA margin and is diversified across a spectrum of dredging, shipbuilding and ancillary services accounting for 43%, 11% and 46% of balance order book, respectively.HSBC has a buy rating on Ambuja Cement with the target price at Rs 700. Analysts said that the company’s board has approved the amalgamation of ACC and Orient Cement into Ambuja, with the completion expected within twelve months. The company’s management expects operational synergies to drive cost savings of at least Rs 100/tonne. Analysts see the amalgamation as a positive move for the companyInvestec has a buy rating on RBL Bank with the target price at Rs 430. Analysts said that the bank intends to deploy $1.5 billion of $3 billion infusion to retire high-cost liabilities and expects rating upgrades (AA- to AA+/AAA) to narrow its wholesale funding cost gaps vs larger peers. The lender expects to grow its loan book at 30% in FY27, led by wholesale, prime housing, and a pick-up in unsecured retail. Under the new expected credit loss (ECL) norms that is effective April 2027, the management expects a one-time impact of Rs 1,500 to Rs 1,700 crore (4% of post-dilution net worth) and a 20–25 basis points (100 basis points = 1 percentage point) rise in credit costs on a run-rate basis, partly offset by faster secured lending growth.(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)