Jefferies Stock Picks: Paytm, Vodafone Idea, ITC Hotels, Sona BLW and Tata Consumer, Five Names Checked on Results, Prices and Levels
- October 27, 2026
- Posted by: Chaitanya Auti
- Category: News
The five Jefferies stock picks in the headline are Paytm, Vodafone Idea, ITC Hotels, Sona BLW and Tata Consumer Products, and four of the five have moved on results in the past two sessions. At 10:09 AM on 27 Oct 2026, Sona BLW was up 6.96% at Rs 836.30, Tata Consumer up 6.17% at Rs 994.30, ITC Hotels up 3.9% at Rs 170.71 and Vodafone Idea up 1.67% at Rs 12.15, while Paytm was down 1.23% at Rs 1,634.30 (data provider). I could not retrieve the Jefferies note itself, so ratings and targets are shown only where a source gave them.
Quick Answer
The Jefferies stock picks span fintech, telecom, hotels, auto components and consumer goods, and the verified Jefferies figure is a target of Rs 2,150 for Paytm, about 31.6% above the Rs 1,634.30 price (my calculation). The other four picks have strong or improving numbers, with Sona BLW profit up 30.8%, Tata Consumer profit up 17.7% and ITC Hotels profit up 51.4% in Q2 FY27, while Vodafone Idea still reports a loss. I could not find Jefferies targets for Vodafone Idea, ITC Hotels, Sona BLW or Tata Consumer, so I do not quote any. This article is educational and not a recommendation.
Jefferies stock picks draw attention because the global brokerage covers Indian large and mid caps and its notes often move prices. This article checks each of the five names against the numbers I could verify: the Q2 results, the live price, the valuation and the technical levels, and it shows where the brokerage view is known and where it is not.
The approach is to treat the Jefferies stock picks as a starting list and not as a signal. Each section takes one group of the Jefferies stock picks and checks it against data. The Jefferies target price for Paytm is the only one I could confirm, and the Paytm target price from other brokerages is shown for contrast. It is educational and not advice.
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Jefferies Stock Picks at a Glance: Prices and Moves on 27 Oct
| Jefferies stock picks: company | Price at 10:09 AM (NSE) | Move on the day | 52-week range |
|---|---|---|---|
| Paytm | Rs 1,634.30 | Down 1.23% | Rs 930.60 to Rs 1,855.50 |
| Vodafone Idea | Rs 12.15 | Up 1.67% | Rs 8.13 to Rs 15.79 |
| ITC Hotels | Rs 170.71 | Up 3.9% | Rs 137.30 to Rs 226.63 |
| Sona BLW Precision Forgings | Rs 836.30 | Up 6.96% | Rs 437.70 to Rs 844.00 |
| Tata Consumer Products | Rs 994.30 | Up 6.17% | Rs 916.00 to Rs 1,282.70 |
Three of the Jefferies stock picks are trading near an important level. The Sona BLW share price is the closest to a high. Sona BLW is within 1% of its 52-week high of Rs 844 (my calculation), Tata Consumer is about 8.5% above its 52-week low, and Vodafone Idea is more than 22% below its 52-week high. Prices will have changed by the time you read this, so check the live quote.
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Paytm in the Jefferies Stock Picks: Q2 Results and Brokerage Targets
| Paytm Q2 FY27 measure | Figure | Comparison |
|---|---|---|
| Revenue | Rs 2,648 crore | Up 28% from a year ago |
| EBITDA | Margin of 10% | Up 90% from a year ago |
| Net profit | Rs 225 crore | About ten times the year-ago figure |
| Monthly transacting users | 8.5 crore | Up 1 crore from a year ago |
| Cash balance | Rs 13,617 crore | As of Sep 2026 |
| Brokerage on Paytm | Rating | Target (Rs) | Gap to Rs 1,634.30 (my calculation) |
|---|---|---|---|
| Bernstein | Outperform | 2,200 | Up 34.6% |
| Jefferies | Not stated | 2,150 | Up 31.6% |
| Macquarie | Outperform | 2,025 | Up 23.9% |
| Goldman Sachs | Buy | 2,010 | Up 23.0% |
| Citi | Buy | 1,940 | Up 18.7% |
| Morgan Stanley | Hold | 1,450 | Down 11.3% |
| UBS | Neutral | 1,340 | Down 18.0% |
Among the Jefferies stock picks, Paytm is the only name where I found a Jefferies target. Jefferies said that profit before tax beat its estimate by 17%, and that UPI merchant discount rate charges are due to start after Diwali, adding about 2.5 basis points on transaction value as revenue. The concall is at 3:45 PM today. The spread of targets from Rs 1,340 to Rs 2,200 shows that analysts disagree, and the stock is down on the day despite the strong numbers. A Paytm target price near Rs 2,150 from Jefferies would need a rise of about 31.6%, while the Paytm target price from UBS implies a fall.
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Sona BLW and Tata Consumer: Q2 Results Behind the Jefferies Stock Picks
| Q2 FY27 measure (data provider) | Sona BLW | Tata Consumer |
|---|---|---|
| Revenue | Rs 1,577.37 crore, up 35.9% on the year and 18.1% on the quarter | Rs 5,699.70 crore, up 13.9% on the year and 5.1% on the quarter |
| EBITDA | Rs 387.19 crore, up 26.5% | Rs 821.79 crore, up 15.8% |
| Net profit | Rs 222.99 crore, up 30.8% | Rs 467.23 crore, up 17.7% |
| Operating margin | 25.21% | 14.39% against 14.29% a year ago |
| P/E at today’s price (my calculation) | About 76 against an industry level of 34.8 | About 60 against an industry level of 32.7 |
| Return on equity | 10.70% | 7.08% |
For these two Jefferies stock picks the pattern is growth with a high valuation. Sona BLW grew revenue 35.9% and profit 30.8%, but its margin slipped about 1.5 percentage points from a year ago (my calculation), and it trades at about 76 times earnings. Tata Consumer reported profit growth of 17.7% with a stable margin, and a business report called the quarter in line, yet the stock rose over 6% on Tuesday morning.
Sona BLW and Tata Consumer are priced for steady growth, so the next quarters matter more than this one. I could not retrieve a Jefferies rating or target for either stock. The Sona BLW share price of Rs 836.30 is near its high, so the Sona BLW share price needs the next quarter to hold, and no note on the Jefferies stock picks that I found sets a Sona BLW share price target.
ITC Hotels and Vodafone Idea: Two Different Stories Among the Jefferies Stock Picks
| Measure | ITC Hotels (Q2 FY27) | Vodafone Idea (latest data: June 2026 quarter) |
|---|---|---|
| Revenue | Rs 1,054.14 crore, up 25.6% | Rs 11,884 crore |
| EBITDA | Rs 337.45 crore, margin about 32% | Rs 5,229 crore |
| Net result | Profit of Rs 201.02 crore, up 51.4% | Loss of Rs 3,754 crore against a loss of Rs 6,608 crore a year earlier |
| Valuation | P/E near 38 (my calculation) against an industry level of 37 | Not meaningful because of the losses |
| Brokerage views found | None after the Q2 results | UBS Neutral at Rs 14.50, JM Financial Add at Rs 14.70, Centrum Neutral at Rs 13 in an early Oct preview |
ITC Hotels is the clear earnings story among the Jefferies stock picks, with revenue up 25.6%, EBITDA up 37.3% and occupancy of 76%. Vodafone Idea is a turnaround and funding story. Its loss narrowed by about 43% from a year ago (my calculation), the data provider still shows the June quarter as the latest, and the company is reported to be in talks for a Rs 25,000 crore debt raise as part of a Rs 45,000 crore capex plan. The Vodafone Idea brokerage targets above come from a preview in early October and not from Jefferies.
These two Jefferies stock picks carry very different risk. A hotel company with rising profit is a different proposition from a telecom operator that still reports losses, and the Jefferies stock picks list puts them side by side only because both have catalysts.
Technical Levels for the Jefferies Stock Picks
| Jefferies stock picks: stock | 14-day RSI | 20-day EMA (Rs) | SuperTrend (10, 3) |
|---|---|---|---|
| Paytm | 42.8 | 1,665.12 | Buy; lower band Rs 1,500.45 |
| Vodafone Idea | 34.8 | 12.46 | Sell; upper band Rs 12.56 |
| ITC Hotels | 61.0 | 159.90 | Buy; lower band Rs 151.54 |
| Sona BLW | 54.1 | 795.59 | Buy; lower band Rs 739.05 |
| Tata Consumer | 54.5 | 966.08 | Sell; upper band Rs 1,004.72 |
The indicators are daily readings from the data provider at about 10:11 AM. They show a mixed picture across the Jefferies stock picks: ITC Hotels and Sona BLW have a buy trend and prices above the 20-day average, Paytm is below its average, and Vodafone Idea and Tata Consumer are still on sell signals, though Tata Consumer is close to its upper band. These levels describe trends and are not targets. Technical levels for the Jefferies stock picks are trends only.
How to Read the Jefferies Stock Picks Without Chasing Them
- Separate the brokerage from the price. A brokerage view is one opinion, and the price already reflects part of it.
- Check what you can verify. I verified one Jefferies target price among the Jefferies stock picks, for Paytm, and I show the results and prices for the other four from filings and data providers.
- Compare valuation with growth. Sona BLW and Tata Consumer trade at about 76 and 60 times earnings, so they need steady growth to hold their levels.
- Respect the risk differences. Vodafone Idea is a loss-making turnaround, so it carries a different risk from ITC Hotels.
- Do not chase a gap-up. Sona BLW and Tata Consumer rose over 6% in the morning, and a day’s rally can fade.
Conclusion: Jefferies Stock Picks Are a Watchlist, Not a Verdict
The Jefferies stock picks cover Paytm, Vodafone Idea, ITC Hotels, Sona BLW and Tata Consumer, and the numbers I could verify show strong growth at Sona BLW, Tata Consumer and ITC Hotels, a profitable Q2 at Paytm and a narrowing loss at Vodafone Idea. The only Jefferies target I could confirm is Rs 2,150 for Paytm, so check the original note for the rest. Compare the valuation, respect the risk, and decide according to your own plan. Use the Jefferies stock picks as a research list, and compare the Jefferies stock picks with your own screens.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Which stocks are in the Jefferies stock picks list?
Ans. The headline names Paytm, Vodafone Idea, ITC Hotels, Sona BLW and Tata Consumer Products as the five Jefferies stock picks. I could not retrieve the Jefferies note, so I do not state its ratings or targets except where a source gave them. The only confirmed Jefferies target is Rs 2,150 for Paytm.
What is the Jefferies target price for Paytm?
Ans. A BusinessToday report lists a Jefferies target of Rs 2,150 for Paytm, about 31.6% above the Rs 1,634.30 price at 10:09 AM (my calculation). Jefferies said that profit before tax beat its estimate by 17% and that UPI merchant discount rate charges are due after Diwali. Other brokerages range from Rs 1,340 at UBS to Rs 2,200 at Bernstein.
How did Paytm do in Q2 FY27 among the Jefferies stock picks?
Ans. Paytm reported revenue of Rs 2,648 crore, up 28%, and EBITDA up 90% with a margin of 10%, its first in double digits. Net profit was Rs 225 crore. The stock was still down 1.23% at Rs 1,634.30 in the morning.
Why did Sona BLW and Tata Consumer rise on 27 Oct?
Ans. Sona BLW reported revenue up 35.9% and profit up 30.8% for Q2 FY27 and rose 6.96% to Rs 836.30. Tata Consumer reported profit up 17.7% and revenue up 13.9% and rose 6.17% to Rs 994.30. Both numbers are from a data provider and prices are from about 10:09 AM.
Is Vodafone Idea a good pick among the Jefferies stock picks?
Ans. Vodafone Idea is a turnaround with a narrowing loss, a reported Rs 25,000 crore debt raise in talks and a Rs 45,000 crore capex plan, but it still reports losses. I could not find a Jefferies target for it. It carries a much higher risk than the other four names.
What is the ITC Hotels view in the Jefferies stock picks?
Ans. ITC Hotels reported Q2 profit up 51.4% to Rs 201.02 crore and revenue up 25.6%, and the stock rose as much as 6.1% on Tuesday. I could not find a Jefferies rating or target after these results. The stock trades near 38 times earnings, close to its industry level.
Are the Jefferies stock picks safe to buy?
Ans. No stock is safe, and a brokerage list is not a guarantee. The names have different risks, from a loss-making telecom company to richly valued consumer and auto component stocks. Please read the filings and your own risk profile before you act.
Is this article investment advice?
Ans. No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.