Brokerages remained positive on consumer, aviation, airports and metals plays, while also flagging opportunities emerging from AI, utilities and inflation trends. According to reports from multiple brokerage houses, the sector preferences reflect a focus on companies with strong fundamentals and growth potential across various industries.
CLSA initiated coverage with a 'Buy' rating and target price of ₹1,830 for LG Electronics India, citing the company's dominant market share across washing machines, refrigerators, TVs and air conditioners. As reported by CLSA, the company is positioned to be a key beneficiary of India's durable consumption upcycle, with 31 out of 33 analysts covering the stock having 'Buy' ratings, while only one each has 'Hold' and 'Sell' ratings. LG India shares are trading at ₹1,572.5, up 6% year-to-date but down 10% from its post-listing high of ₹1,749. The brokerage highlighted the company's 85%+ localized manufacturing and strong brand recall as competitive advantages, with CLSA forecasting revenue and profit after tax CAGR of 13% and 24% respectively between FY26 and FY29.
UBS initiated a Buy rating on Lenskart with a target price of ₹730, positioning the company as an industry disruptor offering comparable quality products at nearly half the price of peers. According to UBS, India business is nearly six times larger than Titan's eyewear division, with gross margins of 69% and EBITDA margins expected to expand further with scale. The brokerage forecasts EPS CAGR of 44% over FY26-31 for the eyewear retailer. In recent mutual fund activity, funds increased exposure to Lenskart in May 2026, adding to their holdings in the consumer sector.
Jefferies maintained Buy ratings on both IndiGo and GMR Airports, with IndiGo targeting ₹5,380 and GMR Airports at ₹125. As reported by Jefferies, IndiGo's management reiterates focus on pricing discipline amid cost inflation, while international expansion remains a key growth lever. For GMR Airports, the brokerage noted aero, non-aero and real estate businesses provide three growth engines, with Delhi airport's hub ambitions and rising transfer traffic supporting growth.
UBS initiated Buy ratings on multiple metals companies including Hindalco (₹1,325 target), NALCO (₹460 target), and Coal India (₹550 target), while maintaining neutral ratings on Tata Steel, JSW Steel, and SAIL. According to UBS, aluminium remains the preferred sub-segment due to favourable macro trends and operating leverage. The brokerage also noted that headline inflation rose to 3.9% YoY with core inflation increasing due to higher fuel and goods prices.
