Should you buy, sell or hold PB Fintech, BHEL, Naukri, Delhivery, other stocks today?
As Dalal Street enters February 13, here's a look at what brokerages make of some of the key stocks in focus. On their radar today are stocks such Mahindra & Mahindra, PB Fintech (Paisabazaar), Info Edge (Naukri), Reliance and Delhivery. Check out the full list of what brokerages recommend.
As Dalal Street enters February 13, here's a look at what brokerages make of some of the key stocks in focus. On their radar today are stocks such Mahindra & Mahindra, PB Fintech (Paisabazaar), Info Edge (Naukri), Reliance and Delhivery.
Check out the full list of what top brokerages recommend today:
Delhivery shares
CLSA points out that the company is showing continued sequential improvement in profitability with 330-basis-point improvement in its adjusted EBITDA margin in the December quarter driven by multiple levers.
Here's what CLSA and Morgan Stanley make of Delhivery:
Brokerage | Rating | Target price |
CLSA | Buy | Raised to Rs 489 from Rs 465 |
Morgan Stanley | Overweight | Reduced to Rs 370 from Rs 400 |
Reliance shares
Jefferies retains a 'buy' call on Reliance Industries with a target of Rs 3,100, which implies upside potential of 28.4 per cent from the closing price of the conglomerate's stock on Friday.
The brokerage values Reliance's renewable business at $28 billion.
Info Edge (Naukri) shares
Brokerage | Rating | Target price |
CLSA | Underperform | Rs 4,000 |
JPMorgan | Overweight | Reduced to Rs 5,300 from Rs 5,600 |
Goldman Sachs | Sell | Reduced to Rs 3,250 from Rs 3,270 |
Nomura | Buy | Reduced to Rs 4,940 from Rs 5,020 |
BHEL shares
Brokerage | Rating | Target price |
Morgan Stanley | Underweight | Rs 34 |
Nomura | Neutral | Rs 79 |
According to Nomura, the company's gross margin is significantly low owing to its recent order wins.
PB Fintech (Paisabazaar) shares
Brokerage | Rating | Target price |
UBS | Neutral | Rs 600 |
CLSA | Buy | Raised to Rs 660 from Rs 600 |
Morgan Stanley | Overweight | Raised to Rs 705 from Rs 620 |
Citi | Buy | Raised to Rs 800 from Rs 760 |
Mahindra & Mahindra shares
Brokerage | Rating | Target price |
CLSA | Downgrade to 'outperform' from 'buy' | Reduced to Rs 1,583 from Rs 1,592 |
Morgan Stanley | Overweight | Rs 1,472 |
Jefferies | Underperform | Raised to Rs 1,165 from Rs 1100 |
JPMorgan | Overweight | Raised to Rs 1,520 from Rs 1,500 |
Goldman Sachs | Buy | Raised to Rs 1,600 from Rs 1,550 |
Nomura | Buy | Raised to Rs 1,718 from Rs 1,616 |
Voltas shares
CLSA upgrades Voltas to 'buy' from 'outperform' and raises its target to Rs 1,015 from Rs 935.
Morgan Stanley continues with an 'equal-weight' rating on the AC maker, with a raised target price of Rs 919 as against Rs 909 earlier.
ABB shares
Brokerage | Rating | Target price |
Macquarie | Outperform | Rs 3,500 |
Nomura | Neutral | Rs 3,121 |
City Union Bank shares
Macquarie continues with 'outperform' on the lender with a target of Rs 220.
Fusion Micro Finance shares
CLSA maintains a 'buy' rating on Fusion Micro Finance with a target of Rs 550. The company delivered a steady quarterly performance with healthy AUM growth of 45 per cent.
The stock is available at an attractive valuation, according to CLSA.
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