Top brokerage firms have shared their latest views on stocks like Zomato, GAIL, Oberoi Realty, and more. While the real estate sector shows promising growth, quick commerce players like Zomato are outpacing rivals. Analysts remain cautiously optimistic, balancing opportunities in select sectors against broader market valuations. Here's a roundup of today's key recommendations.

Zomato (CMP: Rs 280)

  • CLSA: Outperform; the target was raised to Rs 370 from Rs 353.

    • Blinkit’s quick commerce growth (122% YoY) outpaces Swiggy’s (76% YoY).
    • Zomato remains 81 per cent larger than Swiggy in the quick commerce segment.
  • Morgan Stanley: Overweight, target Rs 355.
  • Bernstein: Outperform, target Rs 335.

GAIL (CMP: Rs 199)

  • Jefferies: Buy, target cut to Rs 235 from Rs 240.

    • India's robust gas demand outlook is driven by new production and pipeline expansions.
    • EBITDA CAGR projected at nine per cent (FY24-27).
  • Morgan Stanley: Overweight, target cut to Rs 248 from Rs 258.

Oberoi Realty (CMP: Rs 2060)

  • Nomura: Buy, target Rs 2,500.

    • Forty per cent CAGR in pre-sales over FY24-27.
    • Annual operating cash flows of Rs 3,000-4,000 crore are expected until FY27.

Cement sector

  • Goldman Sachs:

    • Ultratech Cement: Buy, target raised to Rs 12,460.
    • Shree Cement, Dalmia Bharat, Ambuja Cement: Neutral.
    • ACC: Sell, target raised to Rs 2,345.

Supreme Industries (CMP: Rs 4,763)

  • Jefferies: Buy, target Rs 6,450.

    • Anticipates twenty-two per cent EPS CAGR over FY24-27.
    • Pipes capacity to grow by thirteen per cent YoY by FY25.

Dixon Technologies (CMP: Rs 16,866)

  • CLSA: Outperform, with a target of Rs 18,800, from Rs 12,100.