(Source: Shapecharge/iStock) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Larsen & Toubro Ltd., Dr Reddy's Laboratories Ltd., Coal India Ltd., Varun Beverages Ltd. are among the companies that have drawn commentary from top brokerages on Thursday.

Analysts have tweaked share price targets after these companies announced their September quarter results.

Brokerages On L&T Q2 Results

Jefferies

Maintain Buy; Hike TP to Rs 4,715 from Rs 4,345.

Management is confident of crossing 10% YoY FY26E growth guidance.

Visibility with conservative guidance should drive stock.

New initiatives leave scope for some positive surprise.

L&T’s outperformance to Nifty should continue.

Macquarie

Maintain Outperform; Hike TP to Rs 4,350 from Rs 4,210.

Order inflows strong; execution

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