Jefferies believes the stock re-rating for hotels will stay on the back of strong travel/tourism upturn and bets on three Indian hotel companies

The brokerage says the company is well-placed to expand its foods and home & personal care franchise and become a more diversified FMCG play

The brokerage says JSW Energy is one of the best Indian utilities to play the Future of Energy (energy transition + energy security) theme

The brokerage says Bajaj Finance’s stock positioning is very solid, it fits the quality large cap thematic and has a tested model and good vintage

Jefferies says the company's diversified segmental and geographic exposure de-risks its business model and widens its opportunity pipeline

S&P says Vedanta’s recent $1.1 billion bond issuance to address its 2026 and 2028 bond maturities has eased its liquidity and refinancing risks

HSBC says strong profit growth outlook and attractive valuations makes it constructive on the Indian consumer electrical company at current prices

Jefferies sees limited integration risks as both companies specialize in US healthcare and have complementary services

Citi Research says the Indian battery maker's margin trends have been encouraging despite lower non-autos demand (industrial/infrastructure)

The change in outlook reflects a significant improvement in the Indian telecom operator’s financial profile and its steadily increasing market share

The upgrade follows a major reduction in Vedanta’s refinancing risks after $1.1 billion fundraising in new bonds and bank commitments for loans

The government’s push on value-addition, China 1+ strategy, cheaper labor and structural growth opportunity will drive the sector growth

S&P says its Stable outlook reflects that Vedanta Resources will proactively address its $1.15 billion April 2026 debt maturities

Moody's says cyber risk will intensify next year as attackers switch tactics in response to better corporate cyber defenses

Moody's says the bond issuances in quick succession solidify Vedanta's access to capital markets and growing investor confidence in the company

Moody's says US indictment of group executives on bribery and other charges likely to weaken Adani Group's funding access and raise its capital costs

Moody's says the Stable outlook reflects its expectation that the natural resources conglomerate will address its debt maturities

The brokerage expects recovery in consumer loan growth and credit costs, aided by stable net interest margin and controlled expenses to support profit