HDFC Securities recommends 'Reduce' rating for Hyundai Motor, Bandhan Bank, V-Guard, 'Add' for Canara Bank, Aditya Birla Capital, SAIL, 'Buy' for Navin Fluorine, Brigade Enterprises
(Source: Tech Daily / Unsplash ) Hyundai Motor India’s Ebitda margin of 13.9% beat estimates, driven by a 54 bps QoQ improvement in gross margins, supported by improving localization and value engineering efforts. Canara Bank’s Q2 FY26 earnings beat estimates on the back of healthy growth on both sides of the balance sheet coupled with continued traction in other income, stable margins, and in-line asset quality.
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