Top 10 Stocks to Make Profit: LIC Housing Finance likely to give 18% return; 'sell' call for FMCG giant; pharma giants in focus

ZeeBiz WebTeam | May 16, 2024, 11:12 AM IST

Top 10 Stocks to Make Profit: The share market opened in green today (Thursday, May 16, 2024). While BSE Sensex rose over 300 points, Nifty 50 was near the 22,300 level, led by IT stocks amid strong global cues. Coal India and Bharti Airtel rose by over four per cent each. As the market showed positive sentiment on Thursday, brokerages such as JP Morgan, Jefferies, Macquarie, CLSA, and Morgan Stanley have given their calls and target prices for a number of stocks such as Bharti Airtel, Vodafone Idea, Dixon Tech, Apollo Tyres, LIC Housing Finance, Cipla, Mankind Pharma, etc. Know their calls and target prices.

Photos: Unsplash/Pixabay

 

1/12

JP Morgan on Bharti Airtel

JP Morgan on Bharti Airtel

JP Morgan has upgraded the telecom company to 'overweigh' after its Q4 results. It raised its target price to Rs 1,500.

2/12

Kotak Institutional Eqtuities on Vodafone Idea

Kotak Institutional Eqtuities on Vodafone Idea

Kotak Institutional Eqtuities reinstated its 'sell' call on Vodafone Idea with a target price of Rs 10.

3/12

CLSA on Colgate-Palmolive India (CMP Rs 2,673)

CLSA on Colgate-Palmolive India (CMP Rs 2,673)

CLSA has maintained a 'sell' call on Colgate-Palmolive India after the company reported above-expectation Q4 results. It raised the target to Rs 2,228 from Rs 2,108.

4/12

Jefferies on Dixon Tech

Jefferies on Dixon Tech

Jefferies has given an 'underperform' call on the firm after the tech company reported in-line fourth-quarter results.
Jefferies has raised the target to Rs 6,350.

 

5/12

Macquarie on Mankind Pharma (CMP: Rs 2,191)

Macquarie on Mankind Pharma (CMP: Rs 2,191)

Macquarie has maintained an 'outperform' rating on the pharma giant with a target of Rs 2,300.
Mankind Pharma reported strong January-March quarter results on Wednesday.

6/12

Macquarie on Cipla (CMP: Rs 1,407)

Macquarie on Cipla (CMP: Rs 1,407)

Macquarie has maintained 'outperform' stance on the pharma giant with a target of Rs 1,500. Cipla's promotors have sold a 2.53 per cent stake in the company. 

7/12

Jefferies on LIC Housing Finance (CMP: Rs 631)

Jefferies on LIC Housing Finance (CMP: Rs 631)

Jefferies has maintained a 'buy' rating after the finance firm reported mixed fourth-quarter results. It has given a target of Rs 740.

8/12

JP Morgan on Apollo Tyres (CMP Rs 474)

JP Morgan on Apollo Tyres (CMP Rs 474)

JP Morgan has upgraded the tyre firm to 'overweight' from 'neutral' after the company , target raised to Rs 555 from Rs 535.

9/12

Macquarie on Cipla (CMP: Rs 1,407)

Macquarie on Cipla (CMP: Rs 1,407)

Macquarie has maintained an 'outperform' call on Cipla with a target of Rs 1,500.

10/12

Morgan Stanley on Adani Ports

Morgan Stanley on Adani Ports

Morgan Stanley has given an 'overweight' call on Adani Ports with a target price of Rs 1,517.
The brokerage says that Adani Ports' FY29 targeted growth is ahead of estimates across both ports and logistics businesses.

11/12

Morgan Stanley on Titgarh Rail Systems (CMP Rs 1,113)

Morgan Stanley on Titgarh Rail Systems (CMP Rs 1,113)

Morgan Stanley has maintained an 'overweight' rating on the company after it reported strong Q4 numbers. It has set a target price of Rs 1,285.

12/12

Jefferies on Dixon Technologies India Ltd (CMP: Rs 8,103)

Jefferies on Dixon Technologies India Ltd (CMP: Rs 8,103)

Jefferies has maintained an 'underperform' rating on the firm, raising its target to Rs 6,350 from Rs 5,920.

 

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