Daijiworld Media Network- Mumbai

Mumbai, Oct 10: Several top brokerage firms have highlighted key stocks to consider on October 10, citing strong growth prospects and strategic expansions.

Adani Enterprises – Buy, Target Rs 3,000 (Jefferies): Analysts note that the inauguration of Navi Mumbai International Airport (NMIA) marks a significant expansion in India’s aviation infrastructure, easing congestion in the Mumbai Metropolitan Region. Phase-1 adds 2 crore passenger capacity (total: 9 crore) and bridges connectivity gaps to underserved areas. Adani’s dual airport strategy—owning NMIA and Mumbai International Airport (MIAL)—enables coordinated slot allocation and reduces intra-regional competition. Analysts also highlight strong non-aero revenue potential in retail, hospitality, and real estate.

Prestige Estates Projects – Buy, Target Rs 1,900 (Nomura): Analysts reported 50% year-on-year growth in presales, reaching Rs 6,000 crore last quarter, surpassing estimates. The growth was driven by a plotted development launch and stronger-than-expected sales of Rs 4,000 crore from existing inventory. Sustenance sales from existing projects are expected to remain a key theme into Q2 FY26.

Interglobe Aviation (IndiGo) – Buy, Target Rs 6,000 (Goldman Sachs): Analysts expect international travel to remain the primary growth driver despite moderation in domestic air traffic. IndiGo’s capacity expansion, strong demand on global routes, and new route pipeline position the airline to capitalize on international markets, while better pricing supports sustained growth.

PVR Inox – Outperform, Target Rs 1,920 (CLSA): Domestic gross box office collections are up 20% year-on-year, and the upcoming festive season is expected to boost multiplex earnings. PVR Inox, with 1,743 screens across 111 cities, continues to expand through internal accruals. Analysts note strong growth in Bollywood and Hollywood releases YTD (~25%).

Eternal (Blinkit) – Buy, Target Rs 395 (Citigroup): Analysts see continued strong growth in Blinkit, driven by user acquisition, app traffic acceleration, dark store expansion, and new city additions. The company’s market leadership in food delivery is expected to drive growth and margin upside, with mid-to-high teens growth trends anticipated in the sector.

Investors are advised to monitor these stocks closely, given their robust fundamentals and strategic growth initiatives across sectors.