Should you buy Lupin, Godrej Properties, ICICI Lombard, Indus Towers, Alkem Labs, other stocks today? Here is what brokerages recommend
Navigate today's market with expert guidance! This article analyzes broker recommendations for Lupin, Godrej Properties, ICICI Lombard, and other trending stocks (April 10, 2024). Find buy calls, hold calls, and target prices from Jefferies, CLSA, HSBC, Goldman Sachs, and Nomura.
As Dalal Street enters the April 10 session, brokerages have a dozen stocks on their radar. Here's what Jefferies, CLSA, HSBC, Goldman Sachs and Nomura make of stocks such as Lupin, Godrej Properties, ICICI Lombard, Indus Towers and Alkem Laboratories:
Buy - Vedanta Stock
CLSA has a 'buy' call on the Vedanta stock with a target of Rs 390.
Brokerage on Metals: Tata Steel, Hindalco Industries, JSW Steel, CIL
Jefferies has issued 'buy' and 'hold' rating on an Indian steel manufacturing company including Tata Steel, Hindalco Industries, JSW Steel and Coal India Ltd (CIL). The brokerage has maintained a 'buy' call on three stocks, Tata Steel, Hindalco Industries and Coal India Ltd (CIL) with a target of Rs 200, Rs 700 and Rs 520, respectively.
For JSW Steel shares, the brokerage has recommended to 'hold' for a target of Rs 900.
Buy - Godrej Properties Stock
Jefferies has maintained a 'buy' call on the Godrej Properties stock with a target of Rs 3,175.
Buy - Lupin Stock
Nomura has maintained a 'buy' call on the Lupin stock with a target of Rs 1,949.
Buy - Tata Motors Stock
Goldman Sachs has maintained a 'buy' call on the Tata Motors stock with a target of Rs 1,080.
Neutral - Alkem Labs Stock
Nomura has maintained a 'neutral' rating on the Alkem Laboratories stock with a target of Rs 5,605.
Brokerage on Financial Stocks: ICICI Lombard, SBI Life, ICICI Prudential, General Insurance Corp of India
A brokerage, HSBC has place their rating on insurance company stocks such as ICICI Lombard, SBI Life, ICICI Prudential and General Insurance Corp of India. The brokerage has maintained a 'buy' call on three stocks, ICICI Lombard, SBI Life, ICICI Prudential with a target of Rs 1,990, Rs 1780 and Rs 710, respectively.
For General Insurance Corp of India stock, HSBC has maintained an 'underperform' rating with a target of Rs 225.
Underperform - Indus Towers Stock
Jefferies has maintained an 'underperform' rating on the Indus Towers stock with a target of Rs 250.
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