Should you buy, sell or hold Tata Motors, ITC, Britannia, AU Small Finance Bank, Concor shares today?

Which stocks to buy, hold or sell today? As Dalal Street enters the April 20 session, here's a look at what brokerages make of some of the key stocks that are in focus.

Stocks such as Tata Motors, ITC, Asian Paints, Britannia, Godrej Consumer, AU Small Finance Bank, Concor, Prestige Estates, 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 Tata Motors, ITC, Asian Paints, Britannia, Godrej Consumer, and other stocks:

Tata Motors shares

Global brokerages are upbeat on Tata Motors a day after the company’s UK-based subsidiary Jaguar Land Rover announced that it would invest 15 billion pounds in 5 years in electric vehicles.

Morgan Stanley said this is a clear path to balance sheet de-leveraging that could re-rate and lend more credibility to JLR’s EV future, while Macquarie said JLR to attain double-digit EBIT margin by FY26.

ICICI Securities shares

Brokerages are skeptical on ICICI Securities shares a day after the company released its March quarter earnings for the previous fiscal.

Citi maintained a ‘sell; call on the stock amid weak Q4, however, appreciates the company’s focus on diversifying its revenue profile. It said, near-term cost pressure and market-led pangs are likely to weigh.

HSBC on FMCG stocks

AU Small Finance Bank shares

Brokerages are bullish on AU Small Finance Bank shares after the private lender gets the Reserve Bank of India (RBI) grants for authorized foreign dealer license.

Morgan Stanley views this positively and thinks it will boost fee income over the medium term. It believes strong earnings compounding should support the valuations of AU SFB.

Container Corp shares

Goldman Sachs double upgrade Container Corp of India to ‘buy’ from ‘neutral with a revised target of Rs 720 per share from Rs 670 apiece earlier. The brokerage said that upgrade was driven by a beneficiary of rail containerization, which is expected to accelerate.

The company has a dominant market share of around 70 per cent in India’s rail logistics, Goldman Sachs said, adding that this could be at an inflection point for ConCor, as a road-to-rail shift of cargo accelerates. It expects 15.5 per cent earnings CAGR (FY23-FY25) with healthy cash generation.

Prestige Estates shares

CLSA maintained a ‘buy’ stance on Prestige Estates Projects with a target of Rs 556 per share. The company reported the highest acre presales and collections in Q4 & FY23. According to the brokerage, the company is trading at a significant discount to peers with a similar scale.

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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.)