Stocks Making News: 'Sell' call on Tata group firm; brokerage predicts 44% upside for this mid-cap stock
Stocks Making News: Leading Indian indices- BSE Sensex and Nifty 50 started Thursday's session on a rousing note as both scaled new peaks amid gains in global stocks after a market-pleasing U.S. inflation report boosted expectations of a U.S. interest rate cut. BSE Sensex was trading up by 0.29 per cent, or 224.95, 76,831.52, while Nifty 50 was higher by 0.26 per cent, or Rs 60.85 points, at 23,383.80 at the time of writing this news. Ahead of the trading session, brokerages such as Kotak Securities, JM Financial, Geojit Financial, Ventura, and Edelweiss, have picked stocks such as Tata Motors, Tata Communications, SJS Enterprises Ltd, HFCL Ltd, PDS Ltd. Know brokerage ratings, target prices, and stop losses.
Photos: Unsplash/Pixabay
JM Financial on Tata Motors
JM Financial has a 'buy' call on the Tata giant with a target price of Rs 1,200.
Geojit Financial on ONGC (CMP Rs 275)
Geojit Financial has 'buy' rating on ONGC with a 12-month target price of Rs 327, which is an upside of 19%.
Kotak Securities on Tata Communications
Kotak Securities has recommended selling Tata Communications with a target price of Rs 1,525.
Edelweiss on SJS Enterprises Ltd
The brokerage has given a 'buy' call on the stock wit a target of Rs 980.00, an upside of 24.84%
Ventura on HFCL Ltd
Ventura has given a 'buy' call on HFCL with a target price of Rs 163.00, an upside of 43.61%.
Kotak Securities on Mahanagar Gas Limited
Kotak Securities has a 'sell' call on the firm with a target price of Rs 1,070.
Geojit Financial on Mold-Tek Packaging Ltd. (CMP Rs 795)
The brokerage has given a 'buy' call on the small-cap stock with a 12-month target of Rs 957, an upside of 21%.
JM Financial on PDS Ltd
JM Financial has 'buy' call on PDS Ltd with a target price of Rs 780.
Kotak Securities on CEAT
The brokerage has a 'sell' call on tiremaker with a target price of Rs 1,850.
Kotak Securities on 360 Wam Limited
Kotak Securities has a 'buy' call on 360 Wam Limited with a target price of Rs 850