IDFC First Financial institution, Dixon tech & extra: High shares to observe on February 24

Nuvama has downgraded UPL to carry with the goal worth at Rs 816. Analysts stated the corporate just lately introduced a restructuring to create a unified crop safety entity by merging UPL SAS and UPL Corp, which might be listed as UPL World whereas UPL Ltd shall keep because the holding firm for formulation enterprise, R&D, Superform and Advanta. They stated the demerger goals to drive synergies and allow worth unlocking. The transaction is money and tax impartial, protects minority pursuits and doesn’t alter capital construction, with no materials impression on present leverage overhang.Jefferies has a purchase advice on IDFC First Financial institution with the goal worth at Rs 100. Analysts stated IDFC disclosed that it has recognized a suspected fraud involving Rs 590 crore at its Chandigarh department, linked to sure Haryana state govt accounts. The financial institution has initiated an investigation and is taking steps to recuperate funds which is about 0.9% of its internet value, post-tax. The financial institution might want to strengthen operational controls and make clear that subject has not unfold to different purchasers.Morgan Stanley has a underweight ranking on Dixon Applied sciences with the goal worth at Rs 8,157. Analysts stated DRAM spot worth as on Feb 13 2026 was up 6.8x on the yr, and common cell DRAM worth so far in 2026 for some variants are up 55% and 64% on the quarter. As per TrendForce cell DRAM costs are anticipated to rise ~88-93% within the present quarter and 20-25% within the subsequent. About 75% of India’s smartphone market is at <$300 worth level, advert elevated DRAM costs could possibly be an incremental headwind for this already muted trade.CLSA has an outperform ranking on Tech Mahindra with the goal worth at Rs 1,810. Analysts met the chief working officer of the corporate. They stated the corporate believes that AI could be a internet constructive quantity alternative together with it being a possible margin lever too. New quantity round constructing small language fashions (SLMs) and infusing AI into BPO operations are important alternative areas for system integrators. TechM is simply GSI companion of India AI mission the place it’s constructing a big language mannequin (LLM). The corporate believes worker reskilling is changing into extra necessary now than earlier than the place TechM has categorised its workers into white, blue, brown and black belts. Just like different Indian system integrator (Sis), TechM will even companion with basis mannequin corporations like OpenAI and Anthropic on a Mahindra group stage. Analysts stay constructive on TechM’s imaginative and prescient to realize higher-than-peer common development in FY27 backed by robust order reserving momentum, with cyclical tailwinds going into US midterm elections.Macquarie initiated its protection of Torrent Pharma with an outperform ranking and a goal worth of Rs 5,000. Analysts stated that the corporate is executing its perfected acquisition blueprint with JB Pharma acquisition, which count on to speed up its development momentum. Put up-acquisition, estimate professional forma earnings earlier than curiosity, taxes, depreciation and amortisation (EBITDA) will nearly double by FY29 on a FY25 base, driving significant money earnings per share (EPS) accretion. In addition they count on professional forma internet debt to EBITDA to say no by FY28. The catalysts for the inventory could possibly be regulatory approvals for JB Pharma acquisitions, synergy realisation, and key product launches.(Disclaimer: Suggestions and views on the inventory market, different asset courses or private finance administration suggestions given by consultants are their very own. These opinions don’t characterize the views of The Instances of India)