Should you buy or sell IndiGo, Divi's Labs, Tata Steel, Motherson Sumi Wiring, other stocks?

Here's what Morgan Stanley, JPMorgan, Citi, Nomura, HSBC, Macquarie, and Jefferies make of stocks such as Interglobe Aviation (INDIGO), Divi's Laboratories (DIVISLAB), Tata Steel (TATASTEEL), and Motherson Sumi Wiring (MSUMI).

ZeeBiz WebTeam | Aug 06, 2024, 11:21 AM IST

As Dalal Street enters the August 6 session, brokerages have several stocks on their radar.

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Here's what Morgan Stanley, JPMorgan, Citi, Nomura, HSBC, Macquarie, and Jefferies make of stocks such as Interglobe Aviation (INDIGO), Divi's Laboratories (DIVISLAB), Tata Steel (TATASTEEL), and Motherson Sumi Wiring (MSUMI):

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Morgan Stanley has maintained an 'underweight' rating on the Tata Steel stock with a target of Rs 135.

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Both JPMorgan and Morgan Stanley have maintained an 'overweight' rating on Indigo (Interglobe Aviation) with targets of Rs 4,950 and Rs 5,245.

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Citi has maintained a 'buy' call on the IndiGo stock with a target of Rs 5,200.

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Nomura has maintained a 'buy' call on Motherson Sumi Wiring shares with a target of Rs 85.

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HSBC has a 'sell' call on Divi's Laboratories shares with a target of Rs 4,375.

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Meanwhile, Goldman Sachs has a 'neutral' rating on Divi's Labs shares with a target of Rs 4,575.

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Macquarie has an 'outperform' rating on the Birlasoft stock with a target of Rs 720.

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Jefferies has maintained a 'hold' rating on Devyani International shares with a target of Rs 170.

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Goldman Sachs and Citi, on the other hand, have maintained a 'buy' call on the Devyani International stock with targets of Rs 190 and Rs 215, respectively.

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JPMorgan has maintained an 'overweight' rating on the Devyani International stock with a target of Rs 185.

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Jefferies has maintained a 'hold' call on Bharti Hexacom shares with a target of Rs 1,260.

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Nomura has maintained a 'buy' call on Honeywell Automation shares with a target of Rs 60,800.

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HSBC has a 'sell' call on on LIC Housing Finance shares with a target of Rs 590.

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Disclaimer: The views/suggestions/recommendations expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.

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