Should you buy, sell or hold Lupin, Godrej Consumer Products, Zomato, Apollo Tyres shares today?
Which stocks to buy, hold or sell today? As Dalal Street enters the May 10 session, heres a look at what brokerages make of some of the key stocks in focus. On their radar are stocks such as Lupin, Godrej Consumer Products, Zomato and Apollo Tyres.
Which stocks to buy, hold or sell today? As Dalal Street enters the May 10 session, here's a look at what brokerages make of some of the key stocks in focus. On their radar are stocks such as Lupin, Godrej Consumer Products, Zomato and Apollo Tyres.
Do you have any of these stocks in your portfolio?
Lupin shares
Macquarie has maintained an 'outperform' rating on Lupin with a target price of Rs 790 — implying a potential upside of 5.9 per cent from the previous close.
The drug maker's quarterly profit, revenue and EBITDA margin beat the brokerage's estimates by 83 per cent, six per cent and 256 basis points respectively.
Apollo Tyres shares
Morgan Stanley has continued with an 'overweight' rating on Apollo Tyres with a target price of Rs 400. The company's standalone earnings beat the brokerage's estimates with an in-line-with-estimates performance in Europe.
Citi has retained a 'buy' on Apollo Tyres with a target of Rs 375.
Mahanagar Gas (MGL) shares
Brokerage | Rating | Target price |
CLSA | Buy | Raised to Rs 1,330 from Rs 1,260 |
JPMorgan | Overweight | Rs 1,240 |
Jefferies | Hold | Rs 1,100 |
Nomura | Buy | Rs 1,295 |
SRF shares
Morgan Stanley has continued with an 'overweight' call on SRF and a target price of Rs 3,342. The company's substantial beat in chemicals offsets a dismal packaging performance, according to the brokerage.
Jefferies has retained a 'hold' rating on SRF with a target price of Rs 2,450.
Zomato shares
BofA Securities has maintained a 'neutral' rating on Zomato with a target price of Rs 72.
High-end users of Zomato and Swiggy are sensitive on the time of delivery and not necessarily on the price front, according to the brokerage.
Godrej Consumer Products shares
Jefferies has maintained a 'buy' call on Godrej Consumer Products with a target price of Rs 1,200.
The company is scheduled to report its financial results later in the day. Here's what to expect in Godrej Consumer Q4 results
Pidilite shares
Brokerage | Rating | Target price |
CLSA | Sell | Raised to Rs 2,145 from Rs 2,000 |
Goldman Sachs | Sell | Raised to Rs 2,250 from Rs 2,150 |
Jefferies | Hold | Reduced to RS 2,530 from Rs 2,550 |
Citi | Buy | Raised to Rs 2,880 from Rs 2,830 |
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