Should you buy, sell or hold Titan, Tata Motors, Maruti Suzuki, GAIL India and other stocks in focus today?
Which stocks to buy, hold or sell today? As Dalal Street enters the April 10 session, here's a look at what brokerages make of some of the key stocks in focus. Stocks such as Titan, Tata Motors, Maruti Suzuki, GAIL India and other gas shares are on their radar.
Which stocks to buy, hold or sell today? As Dalal Street enters the April 10 session, here's a look at what brokerages make of some of the key stocks in focus.
Stocks such as Titan, Tata Motors, Maruti Suzuki, GAIL India, Axis Bank and other gas 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 gas shares, Titan, Tata Motors, Maruti Suzuki, GAIL India and among other stocks:
Titan Company Limited Shares
Citi has maintained a 'buy' rating for Titan Company, the price is targeted to Rs 3091. Titan saw impressive growth despite in 4Q 2023. The company's store expansion remained strong, and growth for other segments was impressive as well, with all standalone categories recording double-digit growth.
Brokerage Macquarie has maintained an outperform call, target price has been raised to Rs 3250.
Tata Motors shares
BoFA has maintained a 'buy' rating for Tata Motors, the price is targeted to Rs 475 while brokerage CLSA also maintained a 'buy' call at the traget price of Rs 544.
In the fourth quarter of FY2023, the company recorded a solid volume & FCF beat at Jaguar Land Rover (JLR), owned by Tata Motors. The booking run rate was better than expected for JLR.
JP Morgan has maintained a 'neutral' call on Tata Motors and the price is targeted to Rs 415 while brokerage Goldman Sachs double upgraded the 'buy' rating from 'neutral' and the traget price is raised to Rs 550 from Rs 480.
Maruti Suzuki shares
Goldman Sachs has double downgraded to 'neutral' from 'buy' call for Maruti Suzuki shares, and cut the target price to Rs 8800 from Rs 11000.
Brokerage Jefferies on gas companies
The government has approved linking of APM gas price to 10 per cent of Indian crude basket with a floor/cap of $4-6.5/unit.
Jefferies has maintained a 'buy' call on Indraprastha Gas, raised target price from Rs 475 to Rs 540. The brokerage has maintained a 'hold' call on Mahanagar Gas and GAIL India. The target price has been raised to Rs 1,100 from Rs 930 for Mahanagar Gas and kept Rs 110 target price for GAIL. While, Jefferies has maintained an 'underperdorm' call on Gujarat Gas and raised the traget price to Rs 425 from Rs 405.
Bandhan Bank shares
Goldman Sachs has doubled upgraded to 'buy' from neutral for Bandhan Bank, the traget price is cut to Rs 269 from Rs 315.
Bajaj Finance
Goldman Sachs has maintained a 'sell' rating on Bajaj Finance shares, cut the target price to Rs 5725 from Rs 6113.
PNB Housing Finance
Goldman Sachs has maintained a 'sell' call on PNB Housing Finance, raised target price to Rs 408 from Rs 308. While brokerage Morgan Stanley has maintained 'overweight', the target price is cut to Rs 579 from Rs 700.
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