Should you buy, sell or hold Maruti, ONGC, Delhivery, Oil India shares today?
As Dalal Street enters the February 22 session, one day ahead of the expiry of the February derivatives series, heres a look at what brokerages make of some of the key stocks in focus. On their radar are stocks such as ONGC, Oil India, Hindustan Petroleum, Maruti Suzuki and Delhivery. Check out the full list of what brokerages recommend.
As Dalal Street enters the February 22 session, one day ahead of the monthly F&O expiry, here's a look at what brokerages make of some of the key stocks in focus on Dalal Street. On their radar are stocks such ONGC, Maruti Suzuki, Oil India, Hindustan Petroleum and Torrent Power.
Brokreage Calls: Check out the full list of what analysts recommend today (February 22):
HPCL shares
Morgan Stanley downgraded Hindustan Petroleum Corp and brought down its target price for the state-run oil market company stock by Rs 26.
| Brokerage | Rating | Target price | Upside/downside vs Feb 21 closing price |
| Morgan Stanley | Downgraded to 'equal-weight' from 'overweight' | Reduced to Rs 254 from Rs 280 | +11.7% |
| Nomura | Reduce | Rs 190 | -16.4% |
Maruti Suzuki shares
UBS retained a 'buy' rating on Maruti Suzuki with a target price of Rs 12,600 — implying upside potential of 45 per cent from the auto major's closing price on Tuesday.
The brokerage expects Maruti Suzuki's appeal in the SUV segment to rise with the real driving emission norms, set to come into force from April 1, 2023.
ONGC shares
| Brokerage | Rating | Target price |
| Morgan Stanley | Overweight | Raised to Rs 199 from Rs 177 |
| Nomura | Reduce | Rs 120 |
Oil India shares
| Brokerage | Rating | Target price |
| Morgan Stanley | Overweight | Raised to Rs 323 from Rs 253 |
| Nomura | Reduce | Rs 175 |
Delhivery shares
Macquarie maintained 'outperform' on Delhivery with a target price of Rs 440, translating to a premium of about Rs 91 above Tuesday's price.
According to the brokerage, the stock of the logistics firm is pricing in a 10-year CARG of 16 per cent in revenue.
Macquarie pegged the fair value of Delhivery shares in a bull case scenario at Rs 730.
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