Should you buy, sell or hold Pidilite Industries, Kansai Nerolac, Exide Industries, UPL, Mahanagar Gas other stocks today?
Which stocks to buy, hold or sell today? As Dalal Street enters the May 3 session, heres a look at what brokerages make of some of the key stocks trending today. Stocks such as Pidilite Industries, Kansai Nerolac, Mahanagar Gas Limited, Exide Industries, UPL, Sun Pharma and other shares are on their radar today.
Which stocks to buy, hold or sell today? As Dalal Street enters the May 9 session, here's a look at what brokerages make of some of the key stocks in focus.
Stocks like Pidilite Industries, Kansai Nerolac, Mahanagar Gas Limited, Exide Industries, UPL, Sun Pharma, and other 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 Pidilite Industries, Kansai Nerolac, Mahanagar Gas Limited, Exide Industries, UPL, Sun Pharma, and other stocks:
Pidilite Industries
Global brokerages are skeptical on Pidilite Industries after lower-than-estimated earnings of fevicol maker in the March quarter of the financial year 2022-23. Macquarie maintained an ‘underperform’, rating, while JP Morgan has an ‘underweight’ stance on the stock.
Amid competitive pressures from paint players, the company pointing to near-term uncertainty, Macquarie said, adding that it remains concerned about FY24/25 EPS.
| Brokerage | Rating | Price Target |
| Macquarie | Underperform | Rs 2,000 |
| JP Morgan | Underweight | Rs 2,150 |
Mahanagar Gas
Despite good Q4 earnings, the brokerages are divided on Mahanagar Gas shares as Macquarie maintained a ‘neutral’ call, while retains a ‘hold’ call on the stock.
| Brokerage | Rating | Price Target |
| Macquarie | Neutral | Rs 925 |
| Jefferies | Hold | Rs 1,100 |
Kansai Nerolac
Brokerages are divided on Kansai Nerolac as Macquarie has a ‘neutral’ rating, while Morgan Stanley retains an ‘underperform’ call and Nomura has a ‘buy’ stance on the stock.
| Brokerage | Rating | Price Target |
| Macquarie | Neutral | Rs 415 |
| Morgan Stanley | Underperform | Rs 322 |
| Nomura | Buy | Rs 575 |
Exide Industries
Brokerages are bullish on Exide Industries shares despite missing estimates, Citi gives a ‘buy’ call, while JP Morgan maintained an ‘overweight’ rating on the stock.
| Brokerage | Rating | Price Target |
| Citi | Buy | Cut to Rs 240 from Rs 265 |
| JP Morgan | Overweight | Rs 225 |
UPL
Jefferies maintained a ‘buy’ stance on UPL with a revised target of Rs 925 from Rs 905 apiece. The company missed Q4 estimates due to sharp operating margins decline.
Catch the latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.