A recent report by domestic brokerage firm Choice Institutional Equities highlights substantial growth potential across several new-age technology stocks. Following the Q4FY26 earnings season, the firm emphasized that AI-led platformisation is a key driver for operating leverage and monetization within these digital-first businesses.
Key Recommendations and Ratings
Choice Institutional Equities has issued both 'Buy' and 'Add' ratings for a range of companies, with some projecting considerable returns for investors.
Intellect Design Arena
Leading the pack, Intellect Design Arena Ltd has received a 'Buy' rating with a target price of Rs 1,250. This represents a sharp upside of 74% from its current levels of Rs 717.90. The brokerage noted that after a three-year infrastructure creation phase, the company is now entering a monetization phase for its eMACH.ai platform, which boasts 700 microservices. Intellect Design Arena is currently balancing margin considerations with aggressive investments in AI, R&D, and market capacity.
Other "Buy" Rated Stocks
- Nazara Technologies Ltd: Assigned a 'Buy' rating with a target price of Rs 400.
- Aurionpro Solutions Ltd: Also carries a 'Buy' rating, targeting Rs 1,250.
- Oracle Financial Services Software Ltd (OFSS): Pegged with a 'Buy' rating and a target of Rs 10,890.
- Fractal Analytics Ltd: Holds a 'Buy' rating, with a target price of Rs 1,250.
"Add" Rated Stocks
Several other tech companies received an 'Add' rating from Choice Institutional Equities:
- E-commerce major Meesho Ltd: Given a target price of Rs 210.
- Indiamart Intermesh Ltd: Carries an 'Add' tag, with a target price of Rs 2,340.
- Datamatics Global Services Ltd: Also rated 'Add', with its target price set at Rs 920.
The report underscores a bullish outlook on the new-age tech sector, driven by strategic investments in AI and robust platform development, signaling potential opportunities for investors in these digital enterprises.