Vinit Bolinjkar–led research at Ventura Securities views Suzlon Energy as a structurally strong wind energy player but sees limited upside in the near term. Ventura noted that rising execution risks at current valuations have tempered upside potential, with most positives already priced in. The brokerage has maintained a ‘hold’ rating on the stock with a target price of ₹56.

Vinit Bolinjkar of Ventura Securities said the Reliance Jio IPO is likely to be one of the most closely watched market events in 2026. Reviewing 2025 listings, he highlighted Meesho as a strong performer while noting that Tata Capital disappointed post listing despite high grey market buzz. Bolinjkar cautioned that rich IPO valuations demand careful scrutiny of fundamentals, adding that quality companies can still offer post-listing opportunities, as seen in ICICI Prudential AMC. For 2026, he expects chemicals, FMCG, energy and commodity-linked sectors to remain key areas of focus for investors.

NS Ramaswamy of Ventura Securities said silver prices could rise a further 18% from current levels in 2026, supported by strong industrial demand, a smaller and price-inelastic market, and constrained supply. He noted that while silver is likely to outperform gold in the near term, it comes with significantly higher volatility. Ramaswamy added that gold offers stability and wealth preservation, whereas silver suits traders seeking higher growth, making a mix of both appropriate depending on risk appetite and investment horizon.

NS Ramaswamy of Ventura Securities said silver has the potential to rise towards $100 an ounce (around ₹3 lakh per kg) by 2026, driven by its growing role as a “next generation metal” across green energy, digital transformation and industrial applications. However, he cautioned that silver’s history shows sharp rallies are often followed by steep corrections, as the metal is prone to extreme boom-and-bust cycles despite strong long-term fundamentals.

NS Ramaswamy of Ventura Securities said both gold and silver are in a strong bullish phase, making a balanced allocation more prudent than choosing one over the other. He noted that gold continues to serve as a steady safe haven for wealth preservation, while silver offers higher return potential but with greater volatility. Ramaswamy added that the gold–silver ratio is likely to moderate, supporting further upside in both metals, and advised investors to decide their mix based on risk appetite, investment horizon and financial goals.

Vinit Bolinjkar of Ventura Securities said Suzlon remains a structurally strong wind energy player, supported by its integrated business model and stable O&M revenues, but believes near-term upside is limited as valuations already factor in most positives. He flagged execution risks, working-capital intensity and competitive pressures as key constraints, leading Ventura to maintain a ‘hold’ view with cautious expectations despite supportive sector tailwinds.

NS Ramaswamy of Ventura Securities said gold continues to hold its appeal as a portfolio stabiliser rather than a momentum trade, even after a sharp rally. While acknowledging that prices look stretched, he noted that the gradual move higher allows investors to buy on dips. Ramaswamy cautioned that short-term volatility or profit-taking is possible, but added that a major, sustained correction appears unlikely given ongoing monetary easing and geopolitical uncertainties, making any dips a healthy opportunity for long-term accumulation.

Vinit Bolinjkar of Ventura Securities said the mutual fund AMC business stands out as a rare, long-duration secular theme within the broader consumption space. He noted that ICICI Prudential AMC benefits from strong brand equity, a well-established distribution network and the backing of ICICI Bank, giving it a clear competitive edge. Bolinjkar added that the stock still appears relatively cheaper compared to other listed AMC peers, making it an attractive long-term opportunity.

Vinit Bolinjkar of Ventura Securities said the Nifty 50 outlook for 2026 remains constructive, supported by stable tax revenues, rising disposable income, strong domestic flows and a potential India-US trade deal. He noted that a sustained move above 26,300 would confirm a fresh uptrend, with the index reasonably working towards 29,000 by FY26-end, driven primarily by earnings growth rather than valuation re-rating. Bolinjkar also highlighted select long-term value stocks where he sees significant upside potential over the next two years, anchored in sectoral tailwinds, balance sheet improvement and execution-led growth.

Vinit Bolinjkar of Ventura Securities said the IOB OFS offers only a narrow arbitrage, with the floor price close to the prevailing market level, making short-term gains risky amid expected volatility. He noted that the stock is in a corrective phase, with support near ₹34.50 and resistance around ₹39–₹40.50. Given the limited upside, Bolinjkar said the OFS is not ideal for retail investors seeking quick returns.

NS Ramaswamy of Ventura said silver’s sharp rally is largely a catch-up move after gold, supported by tight physical stocks and rising industrial demand from EVs, renewables and data centres. While silver could climb toward $100 an ounce, he cautioned that shallow liquidity and historical boom–bust cycles make the metal vulnerable to sharp corrections.

Vinit Bolinjkar of Ventura Securities said KSH International has demonstrated consistent execution, scale benefits and a strong position in the niche magnet winding wires segment. He highlighted that the fresh issue will support growth initiatives, strengthen the balance sheet and enhance market visibility, leading Ventura to recommend a ‘Subscribe’ rating for the IPO.

Vinit Bolinjkar of Ventura Securities said Trent’s stock correction reflects slowing revenue growth, driven by weaker demand and rising competition. While valuations have corrected meaningfully, he believes revenue acceleration is key for recovery and advises staggered accumulation rather than a one-time buy at current levels.

Ventura’s Vinit Bolinjkar said NephroPlus’ international expansion can lift margins, but only if the company manages the operational complexity of entering and integrating new markets. He flagged Uzbekistan’s PPP performance, EBITDA resilience, and reimbursement-linked collections as critical indicators to watch, adding that the muted grey market premium reflects high valuations and weak market sentiment.

Ventura’s Vinit Bolinjkar said the RBI’s repo rate cut to 5.25%, along with Rs 1 lakh crore of OMOs and a $5 billion forex swap, will enhance liquidity and improve policy transmission. He noted that the upgraded 7.3% FY26 growth forecast and lower inflation outlook reflect a supportive macro environment, while the RBI’s continued regulation of digital lending and CBDC development reinforces financial stability.

Ventura Securities expects gold to surge to $4,600–$4,800 per ounce in 2026, supported by aggressive central-bank buying, anticipated US rate cuts, persistent inflation and concerns around the US fiscal outlook. The brokerage said the ongoing bull run remains intact despite recent corrections, viewing pullbacks as accumulation opportunities with strong support levels and multiple macro factors—ranging from falling real yields to rising ETF inflows—continuing to favour further upside.

Ventura Securities highlighted the top equity mutual funds that delivered the highest 3-year returns across large-cap, large-and-midcap, midcap, small-cap, and flexi-cap categories. The report noted strong performers such as Nippon India Large Cap, Motilal Oswal Large & Midcap, Invesco India Midcap, Bandhan Small Cap, and Bank of India Flexi Cap, underscoring robust CAGR trends supported by sizeable AUMs as of 31 October 2025.

Ventura Securities said that despite Meesho’s gains in contribution profitability and the rapid scale-up of its logistics arm, the platform’s inventory-free model continues to create structural challenges around product quality, counterfeit risks and seller churn. Ventura added that while free cash flow turned positive in FY25, sustainable profitability will depend on tighter execution, cost discipline and stronger operational control.

Ventura Securities has issued a Buy on Adani Enterprises with a target price of ₹3,433—a 43% upside—backed by the company’s ₹25,000 crore equity fundraise, which Ventura says will ease balance-sheet pressure and provide critical capital for long-term ventures such as airports, green hydrogen (ANIL), data centres and copper. Ventura finds the rights issue price of ₹1,800 attractive, citing strong growth visibility, upcoming value-unlocking listings between FY27–31, and revenue and EBITDA CAGR expectations of 17.4% and 18.7% through FY28. While near-term profitability is expected to dip due to higher depreciation and interest costs, Ventura believes maturing high-margin businesses will drive a strong recovery.

Juzer Gabajiwala of Ventura Securities explains that India’s small-cap funds are far more structured and diversified than popularly believed. His analysis shows that 83% of small-cap fund holdings sit within the top 750 companies, with 63% in the true small-cap band and nearly 20% actually in large and mid-caps for stability. Today’s “small caps” are also much larger than perceived—the 251st company is around ₹30,400 crore, and even well-known names like CDSL, Gillette, NBCC, Angel One, PNB Housing, East India Hotels, Wockhardt and Tata Chemicals are officially small caps.

Ventura expects Indian markets to open positive, supported by upbeat global cues and GIFT Nifty gains. For both Nifty and Bank Nifty, Ventura maintains a buy-on-dips view, noting that the ongoing uptrend remains intact unless key lower levels are breached. An Evening Star pattern signals near-term correction, but Ventura believes traders should use any decline as an opportunity to accumulate, with upside potential toward Nifty 26,500–26,700 and Bank Nifty 59,550–63,470 if key breakouts hold.

Ventura Securities has given a ‘Subscribe’ rating to Sudeep Pharma, citing its strong Ebitda margin of 35–40%, RoNW of 27.88%, and clear plans to expand manufacturing, upgrade technology, and grow its global footprint through acquisitions like Nutrition Supplies Services in Ireland. The firm added that IPO proceeds will strengthen the balance sheet and support long-term growth without pressuring margins.

Ventura’s daily market report for 19 November notes weak global cues with U.S. indices slipping over 0.8–1.2%. GIFT Nifty indicates a flat-to-positive start. Sectoral trends were mixed, with metals, IT, and realty under pressure, while financials and FMCG showed resilience. Ventura highlights key stock updates including major contract wins for TCS and Solar Industries, expansions by HCL Tech, Glenmark’s regulatory approval in Europe, and NTPC Green’s solar project progress. The report also includes F&O ban updates, OI positioning, and a medium-term bullish view on a featured stock with a target of ₹7,440 and strict stop-loss guidance.

Vinit Bolinjkar, Head of Research at Ventura Securities, warned that many startups are showing temporary profits before IPOs through one-off gains or accounting adjustments, which can mislead investors. He advised focusing on cash flows, core operations, and governance transparency instead of headline profits, stressing that only sustainable earnings create long-term value.

According to a Ventura report, mutual funds invested over ₹8,752 crore in IPOs during the September 2025 quarter, largely in small-cap companies. The study highlights that funds are strategically backing scalable small-cap businesses for long-term growth. Ventura also noted record-high SIP inflows of ₹29,361 crore during the same period, reflecting sustained retail investor confidence.

Vinit Bolinjkar, Head of Research at Ventura Securities, said that Groww and Lenskart should learn from the earlier missteps of Paytm and Nykaa. While Groww is profitable, it must focus on core offerings and transparent milestones. Lenskart, he added, needs to strengthen unit economics by optimising supply chains and reducing acquisition costs to ensure sustainable profitability.

Juzer Gabajiwala, Director at Ventura Securities, recommends investors allocate about 40% of their portfolios to mid-cap mutual funds and continue SIPs for at least 10 years. He believes mid-caps can deliver strong alpha with moderate risk, making them ideal for long-term wealth creation.

Vinit Bolinjkar, Head of Research at Ventura Securities, remains optimistic about Maruti Suzuki’s prospects, citing sustained demand strength and a robust product pipeline as key drivers for continued growth.

Ventura Securities has given a ‘Subscribe’ rating to Orkla India’s IPO, highlighting its strong distribution network, leadership in authentic local taste profiles, multi-category innovation, and support from global parent Orkla ASA as key strengths driving long-term growth potential.

According to Ventura's Daily Market Report (Oct 28, 2025), global cues remained positive, with the GIFT Nifty indicating a firm start for Indian markets. PSU Banks, Oil & Gas, and Realty sectors led gains, while Pharma and Media lagged. Key stock highlights included Adani Energy Solutions, NTPC Green Energy, Poonawalla Fincorp, and Tejas Networks, all announcing developments that could enhance operational growth and sector positioning.

According to Vinit Bolinjkar, Head of Research at Ventura Securities, the GST rate cut to 18% on vehicles and auto components will make cars and two-wheelers more affordable while reducing input costs and improving supply-chain efficiency. He noted that the reforms will benefit companies such as Motherson Sumi, Bharat Forge, Uno Minda, and Exide Industries, supporting stronger demand and better margins in the long run.

Amid record Diwali sales and strong investor sentiment, Vinit Bolinjkar of Ventura Securities expects the Nifty to reach 27,600 and the Sensex 90,100 in the next Samvat. He noted that valuations remain reasonable, with limited downside and upside potential driven by consumption-led earnings recovery, policy support, and a possible US–India trade deal.

With Sovereign Gold Bonds trading at steep premiums amid surging gold prices, NS Ramaswamy of Ventura Securities warned that the current premium levels are excessive given limited liquidity and fixed tenure, which could diminish investor returns.

Ventura Securities has picked eight high-conviction stocks for the festive season—ranging from infrastructure to fintech—with projected gains up to 120% over two years.

Ventura’s Vinit Bolinjkar highlights WeWork India’s turnaround and strong enterprise-heavy portfolio, noting its leadership in the flexible workspace sector. With FY25 revenues of ₹1,949 crore and EBITDA margins above 63%, the brokerage sees the IPO as an opportunity to gain exposure to a high-growth, structurally expanding market.

Ventura notes that the potential US government shutdown could drive investors toward gold as a safe haven, supporting bullion prices. Market experts suggest heightened demand amid geopolitical and fiscal uncertainties may keep gold elevated in the near term.

Ventura’s Vinit Bolinjkar notes that RBI’s unchanged repo rate, higher GDP forecast, and lower inflation outlook signal policy stability. Key regulatory shifts in credit risk, deposit insurance, infra funding, and export facilitation are expected to boost banking, NBFCs, and exporters.

Ventura Securities has recommended Man Industries as a long-term buy, setting a target price of ₹458 per share. The brokerage highlights the company’s growth prospects and sector positioning as key drivers for sustained returns.

Ventura has given a subscribe rating to Advance Agrolife’s ₹192.86 crore IPO, citing its diversified product portfolio, superior return ratios (ROE at 32.9%, ROCE above 30%), and strong growth trajectory. The brokerage believes its R&D-driven, asset-light model positions the agrochemical player well for sustainable expansion.

Ventura’s Vinit Bolinjkar recommends holding NCC, Dr Reddy’s Laboratories, and Marine Electricals for the long term, while advising a Sell on Tata Motors due to JLR headwinds, favouring Maruti instead as a stronger EV play.

Ventura notes that Bharat Electronics’ sharp year-to-date rally has stretched its valuations (now at ~53.6× P/E), making it a compelling long-term name backed by a strong order book — but warns that near-term upside may be limited given the rich multiples.

Ventura has issued a Buy call on Hindustan Construction Company (HCC) with a target of ₹64, implying a 120% upside.

Ventura Securities predicts a rise in Tata Investment Corporation shares. The target is Rs 12,000 from the current level. The stock shows a strong breakout with high trading volumes.

Ventura highlights that new inbound retail funds in GIFT City, such as Tata India Dynamic Equity Fund, allow NRIs and overseas investors to invest with as little as $500.

Ventura Securities CEO Hemant Majethia believes Indian equities offer opportunities despite IPOs and F&O regulatory changes. He anticipates a shift towards cash market participation and innovative advisory products.

Ventura projects Netweb Technologies’ revenues to grow at a 36.7% CAGR to ₹2,938 crore by FY28, fuelled by AI systems, enterprise workstations, and cloud services.

Vinit Bolinjkar of Ventura warns that investors considering Indian IT stocks should tread carefully.

Vinit Bolinjkar, Head of Research at Ventura, shares opinion whether Adani Green Ltd. and Adani Enterprises Ltd. are set to emerge as two key growth stories within the Adani group of companies after SEBI dismissed all allegations brought forward by US-based short seller Hindenburg Research, according to

Saatvik Green Energy is selling its shares in the price band of Rs 442-465 apiece, which could be applied for a minimum of 32 shares and its multiples to raise Rs 900 crore between September 19-23.

Ventura noted that Adani Group stocks surged by up to 13% after SEBI gave a clean chit to Gautam Adani and top executives on allegations of market manipulation raised by Hindenburg Research. The order has reignited investor interest and boosted hopes of a broader re-rating across the group’s companies.

Arbitrage and multi-asset allocation funds are gaining traction among Indian investors, showcasing substantial AUM growth of 22.2% and 15.4% respectively in the June 2025 quarter. Investors are increasingly favoring low-risk, diversified hybrid schemes. Private banks and IT sectors dominate equity holdings, while government securities lead in debt, despite a slight dip. Refineries saw significant growth, reflecting renewed market interest.

Perspective on RBI MPC by Mr. Vinit Bolinjkar- Head of Research, Ventura Hybrid funds' AUM saw a significant jump during the quarter, with arbitrage funds rising 22.2 per cent and multi-asset allocation funds up 15.4 per cent, according to a report by stockbroking platform Ventura Securities.

Moneycontrol collated a list of the top 10 rate-sensitive stocks, curated by experts with a 3–4-week perspective, following the Reserve Bank of India's decision to maintain the status quo on rates.

"The RBI’s recent monetary policy announcement reflects a strategic and resilient approach to macroeconomic management. Despite global headwinds, most notably the renewed tariff threats from the US, the RBI has held its course, keeping the repo rate unchanged at 5.5% and maintaining a 'Neutral' stance.

A majority of these new entrants (IPOs) in the April-June quarter fall under the small-cap category, with only one categorised as a midcap, stock broking platform Ventura said in its report.

Following the release of financial results for the April-June quarter of fiscal year 2025-26 (Q1FY26), India's top information technology (IT) companies will attract attention in today's market session.

Dive deep into the Q1 FY26 earnings of HCL Tech and TCS. Our expert analysis reveals why analysts favor TCS in the current market, offering insights into their financial performance, margin profiles, and future prospects. Discover which IT stock could be your next strategic investment.

In the Uttar Pradesh capital, 22-karat gold was priced at Rs 9,025 per gram on Monday, and 24-karat gold, also referred to as 999 purity, dropped to Rs 9,844 per gram.

While marginally higher rates were reported in Delhi and Lucknow, both regions also recorded a fall in prices compared to earlier levels.

However, prices were slightly higher in Delhi and Lucknow, where 22-karat gold stood at Rs 9,025 per gram and 24-karat gold at Rs 9,844 per gram.

The 90-day suspension of Trump tariffs on imports from several countries, including India, ends on July 9, reviving the risk of a 26 per cent additional duty on Indian goods entering the US.

Bharat K Gala, COO - Equity Broking at Ventura, has recommended three stocks to buy amid volatile market - Indian Bank, BSE PSU Bank, and Punjab National Bank.

Strategic partnerships, margin expansion, and capital discipline fuel a re-rating case in India’s rebounding hospitality sector.

Domestic brokerage firm Ventura Securities has suggest to short BSE Ltd in its recent note. However, the stock has seen some correction in the stock recently, falling nearly 10 per cent.