Several leading brokerage firms have released fresh recommendations for Indian stocks ahead of Wednesday’s trading session. Here’s a look at the top fund house calls and target prices:
Persistent Systems: Nuvama Institutional Equities maintained a Buy rating with a target price of Rs 7,000 per share, while HSBC revised its target to Rs 6,000, keeping a Hold stance.
Tech Mahindra: Nomura reiterated a Buy rating with a target price of Rs 1,670, whereas Goldman Sachs and Emkay Global retained Neutral to Reduce ratings, setting lower targets in the Rs 1,410–1,450 range.
RBL Bank: Citi maintained its Buy call with a target price of Rs 300, while CLSA kept a Hold view, assigning a Rs 260 target.
LG Electronics India: Nomura initiated coverage on the stock with a Buy rating and a target price of Rs 1,800 per share, citing strong growth potential and early success in India’s consumer durables market.
Tata Consultancy Services (TCS): Jefferies maintained a Hold rating and set a target price of Rs 3,100, expecting stable growth and steady margins in the near term.
Disclaimer: These are independent recommendations issued by brokerage firms and fund houses. They do not represent the views of the author or Business Upturn. The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks — investors are advised to consult their financial advisors before making decisions.
