Should you buy, sell or hold UltraTech Cement, SBI Cards and Payment Services, RBL Bank and other shares?

Which stocks to buy, hold or sell today? As Dalal Street enters the May 2 session, here's a look at what brokerages make of some of the key stocks in focus.

Stocks like UltraTech Cement, Kotak Mahindra Bank, SBI Cards and Payment Services, RBL Bank, IDFC First Bank, Mahindra and Mahindra Finance, 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 UltraTech Cement, Kotak Mahindra Bank, SBI Cards and Payment Services, RBL Bank, IDFC First Bank, M&M, and other stocks:

UltraTech Cement

Global brokerages are divided on UltraTech Cement shares after the company announced its earnings for the March quarter of the previous fiscal year.

Aditya Birla Group firm on Friday reported a 36.1 per cent decline in its consolidated net profit to Rs 1,670.10 crore for the fourth quarter ended March 2023, mainly due to an increase in input cost.

Kotak Mahindra Bank

Most global brokerages are upbeat on Kotak Mahindra Bank shares after the private lender announced its March quarter earnings over the weekend.

The bank on Saturday reported a 14.29 per cent increase in its March quarter consolidated net profit at Rs 4,566 crore, driven by healthy performance on the core parameters.

SBI Cards and Payment Services

Brokerages are divided on SBI Cards and Payment Services after the payment subsidiary company ot SBI released its Q4 results over the weekend.

SBI Cards and Payment Services Ltd (SBI Card) on Friday reported a marginal increase in its net profit to Rs 596 crore in the quarter ended March 2023.

RBL Bank

Brokerages are skeptical on mid-cap private lender RBL Bank despite stellar profit growth in the March quarter of FY23.

Private sector lender on Saturday reported a 37 per cent growth in the March 2023 quarter net profit to Rs 271 crore on lower provisions.

(This is a developing story)

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