Stocks to Buy: Brokerages pick Bharti Airtel, Mahanagar Gas Ltd, Asian Paints, CEAT, HCL Tech, Delhivery and more
Stocks to Buy: BSE Sensex crossed the 77,000 mark for the first time, while Nifty to also scaled a fresh peak of 23,411.9 as the stock market opened on Monday (June 10, 2024) in the first trading session after Narendra Modi took oath as the Prime Minister of India. Amid such a optimistic market scenario, brokerages such as Jefferies, UBS, BoFa, CLSA, Morgan Stanley, JP Morgan, Macquarie, and Nomura have picked shares such as Mahanagar Gas Ltd, CEAT, Bharti Airtel, Asian Paints, Birla Soft, HCL Tech, Delhivery, and Kaynes Technology India Ltd. Know brokerage ratings and target prices for such shares.
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Jefferies on Mahanagar Gas Ltd (CMP 1381)
Jefferies has maintained a 'buy' call on Mahanagar Gas Ltd with a share price target of Rs 1,600.
UBS on Mahanagar Gas Ltd (CMP 1381)
UBS has maintained a 'buy' call on the firm with a target of Rs 1,600.
BoFA Sec on Mahanagar Gas Ltd (CMP 1381)
BoFA has maintained a 'buy' call on Mahanagar Gas Ltd with a target price of Rs 1,670.
Nomura on CEAT Ltd (CMP 2456)
Nomura has maintained a 'neutral' call on the CEAT with a target price of Rs 2,820.
CLSA on Bharti Airtel (CMP 1425)
CLSA has maintained a 'buy' call on Bharti Airtel with a share price target of Rs 1,540.
Morgan Stanley on Adani Ports & Special Economic Zone Ltd (CMP 1379)
Morgan Stanley maintained an 'overweight' rating on the firm with a target price of Rs 1,517.
JP Morgan on Asian Paints Ltd (CMP 2928)
JP Morgan has maintained a 'neutral' rating on Asian Paints with a target price of Rs 2,870.
Morgan Stanley on Kaynes Technology India Ltd (CMP 3334)
Morgan Stanley has maintained an 'overweight' rating on the firm, raising its target price to Rs 3,845 from Rs 2,440.
Nomura on Birlasoft Ltd (CMP 678)
Nomura has maintained a 'buy' call on Birlasoft Ltd with a target price of Rs 860.
Nomura on HCL Technologies Ltd (CMP 1432)
Nomura has maintained a 'neutral' stance on HCL Tech with a target price of Rs 1,400.
Macquarie on Delhivery Ltd (CMP 386)
Macquarie has maintained an 'outperform' stance on the firm, cutting its target to Rs 460 from Rs 560.