Buzzing Stocks: 'Buy' calls on Suzlon Energy and Inox Wind; Oil India downgraded with 'sell' rating
Stocks on Radar: Leading Indian indices BSE Sensex and Nifty 50 opened on a lower note on Wednesday (May 29, 2024) amid weak global cues. NBCC, however, on the back of strong fourth-quarter results surged by over 5 per cent. The BSE Sensex was trading lower by 538 points, while Nifty 50 was down by 161 points. Ahead of the market opening on Wednesday, brokerages such as Morgan Stanley, Motilal Oswal, Jefferies, Emkay, Goldman Sachs, and Macquarie have picked stocks such as LIC, Oil India, Suzlon Energy, Inox Wind, Hindalco, TVS Motor, Minda Corp. Know brokerage calls and targets in this write-up.
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Emkay on Oil India
Emkay has maintained a 'buy' call on the company with a target price of Rs 800.
Motilal Oswal on Oil India
The brokerage has maintained 'buy' call on company with a target price of Rs 775.
Motilal Oswal on LIC
Motilal Oswal has maintained a 'buy' call on the company with a target price of Rs 1,270.
Nuvama on Suzlon Energy
Nuvama has initiated coverage on Suzlon Energy with a 'buy' call on the firm with a target price of Rs 53.
Goldman Sachs on Life Insurance Corp of India (CMP 1016)
Goldman Sachs has maintain a 'neutral' call on the firm raising its target to Rs 950 from Rs 855.
It says that the firm's business mix is heading in the right direction, but its margin trajectory remains gradual.
IDBI Capital on TVS Motor
The brokerage has a 'buy' call on the automaker with a target price of Rs 2,485.00.
Nuvama on Inox Wind
Nuvama has initiated coverage on Inox Wind with a 'buy' call. It has given a target price of Rs 193.
Kotak Inst Eqt on Oil India
Kotak Inst Eqt has downgrade the OMC giant to 'sell' with a target price of Rs 500.
Macquarie on Life Insurance Corp of India (CMP 1016)
Macquarie has maintained 'neutral' call on LIC with a target of Rs 850.
Nuvama on Natco Pharma
The brokerage has maintained a 'buy' call on the firm, raising its target price to Rs 1,200.
KRChoksey on Minda Corp
KRChoksey has asked to 'accumulate' Minda Corp shares with a target price of Rs 458.
KRChoksey on Minda Corp
KRChoksey has asked to 'accumulate' Minda Corp shares with a target price of Rs 458.