Archive · 18 Nov 2025
Jefferies Initiates Positive Stance on Three Indian Companies
Brokerage firm Jefferies has started covering three Indian companies - Torrent Power, Max Healthcare, and Marico - giving them 'Buy' ratings.
They believe these companies have strong growth potential and could see significant upsides in their stock prices over the next year.
Jefferies has initiated a 'Buy' rating for Torrent Power with a target price of Rs 1,485, implying a 15% upside.
The brokerage firm has also given 'Buy' ratings to Max Healthcare Institute and Marico, with potential upsides of 25% and 17% respectively.
Torrent Power stands out for its stable growth, high return on equity, and low debt levels.
Max Healthcare is expected to add 1,300 capacity beds in the next two years, driving significant growth.
Marico's pricing power and digital-first brands have led to robust growth and profitability.
- Who
- Jefferies, Torrent Power, Max Healthcare, Marico
- What
- Jefferies initiated 'Buy' ratings for three companies
- When
- Not specified
- Where
- India
- Why
- Due to the companies' strong fundamentals and growth potential
- Torrent Power Target Price
- Rs 1,485
- Torrent Power Potential Upside
- 15%
- Max Healthcare Target Price
- Rs 1,400
- Max Healthcare Potential Upside
- 25%
- Marico Target Price
- Rs 865
- Marico Potential Upside
- 17%
