3 weeks ago
Macquarie rates Trent, PB Fintech, Marico, Avalon, UNO Minda 'Outperform'
There are people called stock analysts whose job is to guess how well companies will do in the future.
A big research company called Macquarie studied five companies in India.
It said it thinks all five companies — Trent, PB Fintech, Marico, Avalon Technologies and UNO Minda — will do better than most others.
Analysts call this an 'Outperform' rating.
Macquarie also shared a guess for what each company's share price could reach in one year.
For two companies, Avalon Technologies and Marico, Macquarie raised its price guess because they did really well recently.
Trent, which runs Zudio stores, earned more money than expected in the first quarter.
UNO Minda, which makes car parts, saw its electric-vehicle business grow very fast — 78% in just one year.
Macquarie believes these companies have strong demand, growing businesses and good plans for the future.
Macquarie retained 'Outperform' ratings on Trent, PB Fintech, Marico, Avalon Technologies and UNO Minda after their latest quarterly updates.
Macquarie raised its 12-month target prices for Avalon Technologies to Rs 2,050 and Marico to Rs 965, citing stronger-than-expected results.
Trent's first-quarter operating EBITDA came in above Macquarie's estimates and Street consensus, aided by better gross margins and lower employee costs.
Marico is targeting consolidated sales of more than Rs 150 billion and 20% EBITDA growth during FY27.
UNO Minda's green mobility revenue grew 78% year on year during the quarter.
- Who
- Brokerage firm Macquarie and the five companies it rated: Trent, PB Fintech, Marico, Avalon Technologies and UNO Minda.
- What
- Macquarie retained 'Outperform' ratings on all five stocks and raised target prices for some after their latest quarterly updates.
- Where
- India.
- When
- After the companies' latest quarterly results, including the June quarter (first quarter).
- Why
- Macquarie cited demand resilience, capacity expansion, improving profitability and multi-year growth visibility.
Key facts
- Brokerage
- Macquarie
- Rating
- 'Outperform' on all five stocks
- Trent target price
- Rs 3,600 (15.9% implied upside)
- PB Fintech target price
- Rs 1,950 (19.6% implied upside)
- Marico target price
- Rs 965 (11.1% implied upside)
- Avalon Technologies target price
- Rs 2,050 (15.6% implied upside)
- UNO Minda target price
- Rs 1,383 (13.3% implied upside)
- UNO Minda green mobility growth
- 78% year on year
Quotes
Macquarie analyst
Research analyst at Macquarie Capital
“We like the industry‑leading 11% volume growth and see potential tailwinds from continued volume strength in Parachute, stronger acceptance of shampoos, and continued strength in value‑added hair oils, digital portfolio and foods.”
financialexpress.com
“While the current performance increases our confidence in Trent’s ability to navigate periods of moderate growth, we believe greater clarity on sales growth momentum is key to near‑term performance.”
financialexpress.com









