As Dalal Street enters February 14, here's a look at what brokerages make of some of the key stocks in focus. On their radar are stocks such Nykaa, SAIL, Gujarat State Petronet, Gujarat Gas and JK Lakshmi Cement. 

Check out the full list of what top brokerages recommend today:

Nykaa shares

Brokerage Rating Target price
Goldman Sachs Neutral Reduced to Rs 200 from Rs 233
Jefferies Buy Rs 200
HSBC Buy Reduced to RS 300 from Rs 361

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After market hours on Monday, cosmetics-to-fashion retailer Nykaa reported a 70.7 per cent year-on-year fall in net profit to Rs 8.2 crore for the quarter ended December 2022. Its revenue expanded 33.2 per cent to Rs 1,462.8 crore compared with the corresponding period a year ago, according to a regulatory filing. 

Read more on Nykaa Q3 results

Gujarat Gas shares

Brokerage Rating Target price
Jefferies Underperform Raised to Rs 405 from Rs 400
Citi Buy Reduced to Rs 560 from Rs 570
Nomura Reduce Raised to Rs 410 from Rs 400
Macquarie Neutral Rs 500

JK Lakshmi Cement shares

Jefferies maintains a 'buy' rating on JK Lakshmi Cement and raises its target price for the stock by Rs 2 to Rs 900, citing the management's confidence of taking its EBITDA per tonne to Rs 1,000 over the next 12-24 months.

Steel Authority of India (SAIL) shares

Morgan Stanley continued with an 'equal-weight' call on SAIL with a target of Rs 80 apiece — which implies a downside of four per cent from the closing price of the steelmaker on Monday.  

Metropolis Healthcare shares

Brokerage Rating Target price
Goldman Sachs Neutral Reduced to Rs 1,400 from Rs 1,600
Morgan Stanley Equal-weight Reduced to Rs 1,350 from Rs 1,547
Credit Suisse  Underperform Rs 1,250

Gujarat Pipavav shares

Jefferies retains a 'hold' call on Gujarat Pipavav and raises its target to Rs 100 from Rs 90. The company's quarterly EBITDA came in higher than the brokerage's estimates.

Gujarat State Petronet shares

Brokerage Rating Target price
Citi Buy Reduced to Rs 330 from Rs 355
Nomura Buy Rs 470

Balkrishna Industries shares

Brokerage Rating Target price
Citi Buy Reduced to Rs 2,400 from Rs 2,600
Morgan Stanley Underweight Raised to Rs 1,711 from Rs 1,661
Nomura Neutral Reduced to Rs 2,015 from Rs 1,912

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