Which stocks to buy, hold or sell today? As Dalal Street enters the April 18 session, here's a look at what brokerages make of some of the key stocks that are in the focus.

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Stocks such as Larsen and Toubro, SBI Cards and Payment Services, Sun Pharma, Dr Reddy's Lab, Divi's Lab, ONGC, housing finance companies shares, and other stocks 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 Larsen and Toubro, SBI Cards and Payment Services, Sun Pharma, Dr Reddy's Lab, Divi's Lab, ONGC, and other stocks:

Larsen and Toubro

Global brokerages are upbeat on Larsen and Toubro (L&T) as Jefferies maintained a ‘buy’ call, while Macquarie has an ‘outperform’ rating on the stock.  

 

Brokerages Rating Price Target
Jefferies Buy Rs 2,650
Macquarie Outperform Rs 2,540

  

According to Jefferies, L&T investors appear concerned about the pre-election impact on order flow and share price. However, the company’s order flow rose by double-digits in the last 3 pre-election-year periods, despite an embargo on the center’s ordering activity six months prior to elections, it said.

SBI Cards

Morgan Stanley maintained an ‘overweight’ stance on SBI Cards with a target price of Rs 925 per share. It said that industry spends growth moderated to 28 per cent year-on-year (YoY) in March as compared to 38 per cent in February.

The company’s F23 market share stood at 18.2 per cent; largely steady in the second half of the previous fiscal, the brokerage noted.

Morgan Stanley on Affordable HFCs

Affordable housing finance companies’ space is niche, under-penetrated and has a secular growth outlook with pricing power, Morgan Stanley said in its note on the sector. It added thesis is stronger now as asset quality has been tested by covid, besides, valuations have de-rated.

 

Stocks Rating Price Target
Canfin Homes Equal weight Rs 550
Aavas Financiers Equal weight Rs 1,900
Aptus Value Housing Overweight Rs 325
Home First Finance Overweight Rs 900

 

HSBC on Fertiliser sector

 

Stocks Rating Price Target
UPL Buy Rs 950
Tata Chemicals Buy Cut to Rs 1,250 from Rs 1,270
PI Industries Buy Rs 4000
Dhanuka Agritech Buy Cut to Rs 800 from Rs 900
Rallis India Hold Rs 225
Bayer CropScience Hold Cut to Rs 4,750 from Rs 5,000

 

Goldman Sachs on Pharma sector

 

Stocks Rating Price Target
Dr Reddy's Lab Neutral Raised to Rs 4,840 from Rs 4,575
Sun Pharma Sell Raised to Rs 875 from Rs 845
Divi's Lab Buy Raised to Rs 3,500 from Rs 3,375
Cipla Sell Cut to Rs 900 from Rs 950
Zydus Lifescience Buy Raised to Rs 575 from Rs 510
Aurobindo Pharma Buy Raised to Rs 610 from Rs 535
Torrent Pharma Buy Raised to Rs 1,925 from Rs 1,825
Gland Pharma Buy Cut to Rs 1,700 from Rs 1,950
Glenmark Pharma Neutral Raised to Rs 500 from Rs 435

 

CLSA on Oil & Gas

The brokerage said spot LNG prices have halved year-to-date and its demand has jumped 5.4 per cent month-on-month. This bodes well for March quarter volume prospects of GAIL, GSPL, Petronet LNG and Gujarat Gas, CLSA said in his comment on the sector.

Along with improvements in margins, it may also be a re-rating tailwind for Indraprastha Gas and Mahanagar Gas, it said, stating ONGC as a top ‘buy’ and GAIL offers attractive risk-reward.

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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.)