Which stocks to buy, hold or sell today? As Dalal Street enters the April 13 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 TCS, AU Small Finance Bank, Rainbow Children’s Medicare, HPCL, BPCL, M&M, Hero MotoCorp, and other autos, energy, and healthcare 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 TCS, AU Small Finance Bank, Rainbow Children’s Medicare, HPCL, BPCL, M&M, and other stocks:

Tata Consultancy Services (TCS)

Most global brokerages are not happy with India’s largest IT services company TCS’ March quarter earnings as many of them see the company missing estimates. However, believes it has reported a healthy order book.

Tata Consultancy Services' net profit increased five per cent to Rs 11,390 crore for the quarter ended March 2023 compared with the previous three months, slightly below analysts' estimates.

 

Brokerages Rating Price Target
CLSA Outperform Rs 3,550
Morgan Stanley Equal weight Rs 3,350
JP Morgan Underweight Rs 2,700
Jefferies Hold Rs 3,375
Citi Sell Rs 3,000
Nomura Reduce Rs 2,830
HSBC Hold Rs 3,395
Macquarie Outperform Rs 4,510

 

AU Small Finance Bank

 

Brokerages are bullish on AU Small Finance Bank (SFB) after the lender’s MD and CEO three years of extension in tenure from the Reserve Bank of India. Morgan Stanley has an ‘overweight’ rating and Citi maintained a ‘buy’ stance on the stock.

 

Brokerages Rating Price Target
Morgan Stanley Overweight Rs 835
Citi Buy Rs 740

 

With full tenure extension and a peaking interest rate cycle, Morgan Stanley expects stock to stop de-rating and sees strong re-rating over the next few years with strong earnings compounding.

 

Rainbow Children's Medicare

HSBC initiates a ‘buy’ call on Rainbow Children's Medicare with a target price of Rs 1,025 per share. The brokerage said the company is a compelling investment case to play the niche pediatric care market in India and expects profit after tax to double over FY22-25e

Morgan Stanley on Energy

A benign energy price environment improved domestic demand, significant policy tailwinds, and better capital allocation point to the average upside, Morgan Stanley said in its comment.

 

Stocks Rating Price Target
HPCl Underweight Cut to Rs 220 from Rs 254
BPCL Overweight Cut to Rs 390 from Rs 440
ONGC Overweight Raised to Rs 218 from Rs 199
GAIL Overweight Raised to Rs 135 from Rs 124
Petronet LNG Equal weight Raised to Rs 235 from Rs 219
Indian Oil Overweight Raised to Rs 100 from Rs 88
Oil India Overweight Raised to Rs 339 from Rs 323

 

Goldman Sachs on Auto

 

Stocks Rating Price Target
Bajaj Auto Neutral Cut to Rs 4,300 from Rs 4,400
M&M Buy Cut to Rs 1,490 from Rs 1,600
Eicher Motors Buy Rs 3,660
Hero MotoCorp Sell Raised to Rs 2,170 from Rs 2,150
Ashok Leyland Neutral Rs 140
TVS Motor Neutral Raised to Rs 1,150 from Rs 1,050

 

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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.)