Should you buy Nestle India, Zomato, Tech Mahindra, Cyient, Vedanta, other stocks today? Here is what brokerages recommend
Here's what Goldman Sachs, Jefferies, Macquarie, JP Morgan, Citi, Morgan Stanley, CLSA, HSBC and Nomura make of stocks such as Nestle India, Zomato, Tech Mahindra, Cyient and Vedanta.
As Dalal Street enters the April 26 session, brokerages have several stocks on their radar. Here's what Goldman Sachs, Jefferies, Macquarie, JP Morgan, Citi, Morgan Stanley, CLSA, HSBC and Nomura make of stocks such as Nestle India, Zomato, Tech Mahindra, Cyient and Vedanta:
Bajaj Finance
Morgan Stanley and JPMorgan have maintained an 'overweight' rating on the Bajaj Finance stock with a target of Rs 9,000 and Rs 8,500, respectively.
Four brokerages, CLSA, Jefferies, Citi and HSBC have maintained a 'buy' call on Bajaj Finance shares with a target of Rs 9,200, Rs 9,260, Rs 8,675, Rs 8,000, respectively.
Macquarie has maintained a 'neutral' rating on Bajaj Finance with a target of Rs 8,100.
Tech Mahindra
Both CLSA and Nomura have maintained a 'buy' call on the Tech Mahindra stock with a target of Rs 1,589 and Rs 1,460, respectively. Citi, on the other hand, has maintained a 'sell' call on the stock with a target of Rs 1,095.
Two brokerages, Morgan Stanley and JPMorgan have an 'underweight' rating on Tech Mahindra shares with a target of Rs 1,190 and Rs 1,100, respectively. While Jefferies and Macquaire have maintained an 'underperform' rating on the stock with a target of Rs 1,065 and Rs 930, respectively.
HSBC has maintained a 'hold' call Tech Mahindra with a target of Rs 1,300.
IndusInd Bank
Five brokerages, CLSA, Goldman Sachs, Jefferies, Citi and HSBC have maintained a 'buy' call on the IndusInd Bank stock with a target of Rs 1,900, Rs 1,748, Rs 1,940, Rs 2,010 and Rs 2,020, respectively.
Morgan Stanley has maintained an 'overweight' rating on IndusInd Bank shares with a target of Rs 1,925, while Macquarie has maintained an 'outperform' rating on the stock with a target of Rs 1,900.
JPMorgan has maintained a 'neutral' rating on IndusInd Bank with a target of Rs 1,450.
Nestle India
Macquarie and Goldman Sachs have maintained a 'neutral' rating on the Nestle India stock with a target of Rs 2,650 and Rs 2,550, respectively.
CLSA has maintained a 'reduce' rating on Nestle India shares with a target of Rs 2,719.
Morgan Stanley has maintained an 'underperform' rating on Nestle shares with a target of Rs 1,990.
Jefferies has maintained a 'hold' call on Nestle India with a target of Rs 2,500.
Vedanta
CLSA has maintained a 'buy' call on the Vedanta stock with a target of Rs 430.
JPMorgan has maintained a 'neutral' rating on the Vedanta stock with a target of Rs 375.
Citi has maintained a 'buy' call on Vedanta shares with a target of Rs 425.as
Zomato
Goldman Sachs has maintained a 'buy' call on the Zomato stock with a target of Rs 240.
Cyient
Morgan Stanley and -JPMorgan have maintained an 'overweight' rating on the Cyient stock with a target of Rs 2,250 and Rs 2,500, respectively.
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