Looking for buy/sell stock ideas? Here's how brokerages rate 7 stocks
Know what brokerages say about stocks such as ICICI Prudential Life, Wipro, TVS Motor, Tata Consumer Products, Lupin and Wipro.
Timing the share market is nearly impossible as its rise and fall depends on multiple domestic as well international factors. But when you invest in stocks, your objective is to make profits in the short or sometimes in the long term. Brokerage reports and analyst views help you form your opinions whether you should buy or sell a stock, or, for how long you should hold the stock. Brokerages such as Motilal Oswal, Emkay, ICICI Securities Ltd and have recommended buying and selling some stocks and have also given their target prices. Know which are those 7 stocks.
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ICICI Prudential Life
Buy Call
Motilal Oswal has given a 'buy' call on ICICI Prudential Life Insurance Company, raising its target to Rs 700, an upside of 24.29% from its closing price of Rs 563.20 on BSE on Thursday (April 25, 2024). For the same company, Emkay has also given a 'buy' call with Rs 700 target. ICICI Securities has also given a 'buy' on the company with a target of Rs 684.
TVS Motor
Buy
Brokerage Emkay has given a 'buy' call on the automaker. Its target price for the stock is Rs 2250.0, an upside of 12.14 from its closing price of Rs 2,006.45 on BSE on Thursday.
Tata Consumer Products
Buy
ICICI Securities has given a 'buy' call on this Tata group company. The target for Tata Consumer Products stock is Rs 1,360, a 22.97% upside from its closing price of Rs 1,105.95 on Thursday.
Patel Engineering
Buy
Hem Securities has given a 'buy' call on this mid-cap company. It has given a target price of Rs 80.00, a 23.02% upside from Thursday's closing price of Rs 65.03.
Lupin Ltd
Buy
Axis Direct has given a 'buy' call on the large-cap pharma firm. The brokerage's target for the stock is Rs 1770, an 11.38% jump from close of Rs 1589.10 on Thursday.
Aditya Birla Fashin and Retail
Sell
Emkay has given a 'sell' call on the fashion and retail company with a target of Rs 230. The stock closed at Rs 265.00 on Thursday.
Wipro
Sell
Axis Direct has given a 'sell' call on Wipro with a target of Rs 410. The stock of the IT giant closed at Rs 461.00.