Should you buy, sell or hold Cummins, Trent, Piramal Enterprises, Samvardhana Motherson, other stocks today?
As Dalal Street heads into February 9, here's a look at what brokerages make of some of the key stocks in focus today. On their radar today are stocks such as Trent, Shree Cement, Cummins, Piramal Enterprises and Samvardhana Motherson. Check out the full list of what brokerages recommend today.
As Dalal Street heads into February 9, here's a look at what brokerages make of some of the key stocks in focus today. On their radar today are stocks such as Trent, Shree Cement, Cummins, Piramal Enterprises and Samvardhana Motherson.
Check out the full list of what top brokerages recommend today:
Shree Cement shares
Brokerages have lined up targets in the range of Rs 18,860-26,000 for Shree Cement, a day after the cement maker reported a set of quarterly earnings that fell short of analysts' estimates.
| Brokerage | Rating | Target price |
| Macquarie | Neutral | Rs 22,813 |
| CLSA | Revised to 'sell' from 'reduce' | Reduced to Rs 22,250 from Rs 24,000 |
| Morgan Stanley | Overweight | Rs 26,000 |
| Goldman Sachs | Neutral | Raised to Rs 22,100 from Rs 20,792 |
| JPMorgan | Underweight | Raised to Rs 18,860 from Rs 17,900 |
| Jefferies | Hold | Raised to Rs 21,850 from Rs 21,750 |
Escorts Kubota shares
CLSA maintained a 'sell' rating on Escorts Kubota but raised its target price for the stock by Rs 40 to Rs 1,601.
According to JPMorgan, margin pressure in Escorts Kubota is likely to be behind now but its path to recovery will be gradual. The brokerage retained 'Underweight' and reduced its target price to Rs 1,600 from Rs 1,620.
Piramal Enterprises shares
| Brokerage | Rating | Target price |
| CLSA | Reduce | Rs 900 |
| Jefferies | Buy | Raised to Rs 1,035 from Rs 1,000 |
According to Jefferies, the company's quarterly loan growth is in line and its net interest margin surprised positively. The brokerage finds Piramal Enterprises' valuation to be reasonable.
UNO Minda shares
Macquarie maintained a 'neutral' rating on UNO Minda with a target price of Rs 545.
Nomura retained a 'buy' call and raised its target price by Rs 30 to Rs 730.
Samvardhana Motherson shares
| Brokerage | Rating | Target price |
| Morgan Stanley | Underweight | Rs 71 |
| CLSA | Buy | Raised to Rs 98 from Rs 89 |
Cummins India shares
| Brokerage | Rating | Target price |
| Nomura | Reduce | Rs 940 |
| Macquarie | Neutral | Rs 1,210 |
Honeywell Automation shares
Nomura continued with a 'buy' call on Honeywell Automation with a target price of Rs 50,642.
Trent shares
Jefferies maintained a 'hold' rating on Trent with a target of Rs 1,400.
Gujarat Pipavav shares
Nomura maintained 'buy' on Gujarat Pipavav with a target price of Rs 143.
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