Stocks to Watch

👎🏻 • JLR cuts FY guidance to 0–2% (earlier 5–7%). • India PV margins improve to 5.8%. • Unveils the new Tata Sierra. – Mixed • Revenue +16% YoY, EBITDA +13%. • Margins down 30 bps; PAT -7%. • Order inflow up 10–11%. 👍🏻 • Management commentary remains positive. • Better operating performance led by demand & premiumisation. • Export recovery expected; Europe outlook improving. • DAM Capital raises target to ₹575 (from ₹525). Exide 👎🏻 • Weak quarter: PAT -25%, EBITDA -17%. • Margins at 9% vs 10.6% YoY. Sun TV 👍🏻 • Strong revenue beat; PAT misses estimates. • Revenue +39%, EBITDA +45%. • Margin at 60.4%; PAT -13%. Maruti 👎🏻 • Recalls 39,506 Grand Vitara units. IRB Infra 👍🏻 • IRB InvIT receives NHAI LoA worth ₹9,270 crore. IndiGo 👍🏻 • To begin flights from Navi Mumbai Airport from Dec 25, 2025. • Will connect 10 cities in the first phase. Anant Raj 👍🏻 • Signs MoU with APEDB for ₹4,500 crore data centre project.