A host of domestic and global brokerages have initiated coverage on select Indian stocks across sectors such as power, textiles and metals. Analysts remain bullish on names like Meesho and Vedanta Aluminium, projecting strong upside from current levels. Here are 9 stocks that recently saw fresh coverage.
Vedanta Aluminium (Metal)
CLSA initiated coverage on the stock with an Outperform rating and a target price of Rs 540, implying over 16% upside from the previous close. The brokerage highlighted support from a higher-for-longer aluminium cycle and strong operational tailwinds.
Meesho
Citi started coverage with a Buy rating and a target price of Rs 210, indicating around 12% upside. It highlighted Meesho’s strong positioning in India’s e-commerce expansion beyond Tier-1 cities, its large long-tail seller network, zero-commission logistics model, and simplified advertising platform. The company now has over 264 million annual transacting users (up 33% YoY) and a seller base exceeding 950,000 (up 87% YoY).
GE Vernova T&D
Jefferies initiated coverage with a Hold rating and a target price of Rs 6,000, implying about 19% upside. It values the stock at 65x FY28 earnings and expects strong EPS growth of 35–36% CAGR over FY26–29E, though it sees stronger compounding in peers like Hitachi and Siemens.
