Hero MotoCorp, Eicher Motors, L&T Tech, Jubilant FoodWorks, LIC: Should you buy, sell or hold stocks in focus today?

Which stocks to buy, hold or sell today? As Dalal Street enters the April 12 session, here's a look at what brokerages make of some of the key stocks that are in the focus.

Stocks such as Hero MotoCorp, Eicher Motors, L&T Tech, Jubilant Foodworks, and other insurance and cement shares are on their radar today.

Do you have any of these stocks in your portfolio?

Check out the full list of what brokerages recommend, including Hero MotoCorp, Eicher Motors, L&T Tech, Jubilant Foodworks, insurance and cement and other stocks:

Macquarie on Auto

Macquarie downgraded Eicher Motors to ‘neutral’ from ‘outperform’ stance, and cut the target to Rs 3,258 per share from Rs 3,919 apiece earlier. It said a discount to the historical average is warranted, given the slower earnings growth outlook.

While Macquarie maintained a ‘neutral’ stance on Hero MotoCorp with a reduced target price of Rs 2,640 from Rs 2,780 apiece. The brokerage believes discount reflects market share loss in its core segments, as well as limited success in premium motorcycles and export markets.

L&T Tech

JP Morgan maintained an ‘underweight’ given slowing growth as well as margin headwinds in FY24 from Smart World & Communications business integration. It sets a target price of Rs 3,000 a share.

The focus during earnings will be on FY24 organic growth guidance as well as commentary on how it plans to recoup margin headwinds, JP Morgan said in its comment on L&T Tech.

Jubilant FoodWorks

Citi has a ‘buy’ rating on Jubilant Foodworks with a target price of Rs 619 per share. It remains constructive, expecting healthy medium-term earnings growth benefitting from market tailwinds, faster store expansion, and digital investments.

The brokerage sees the recent stock price pullback as an enhanced buying opportunity for long-term investors.

Citi on Cement stocks

Goldman Sachs on Life Insurance

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(Disclaimer: The views/suggestions/advices expressed here in this article is solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)