Dixon Technologies’ outperform rating is sustained by BNP Paribas India, citing remarkable FY25 results and future partnerships. Elara Securities India recommends accumulating Bharat Electronics, impressed by record margins and export potential after proven capabilities. Emkay Global Financial Services upgraded Hindalco due to a positive outlook on LME aluminium. ICICI Securities maintains an add rating on Pfizer, highlighting strong EBITDA margins.