Several leading brokerages have updated their ratings and target prices on key Indian stocks, reflecting their latest outlooks and expectations. Here’s a round-up of key stock calls to watch:
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UBS has maintained a Buy rating on MCX and raised the target price sharply to ₹10,000 from ₹7,000.
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Macquarie continues to rate Titan as Outperform and has set a new target price of ₹4,150 per share.
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JP Morgan has initiated coverage on Indian Hotels with an Overweight rating and a target price of ₹890.
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Citi has maintained a Buy rating on Reliance Industries with a target price of ₹1,690.
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CLSA has also reiterated an Outperform rating on Reliance Industries, with a target price of ₹1,650.
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Motilal Oswal (MOSL) has kept a Buy rating on Coforge, raising the target price to ₹2,200 per share.
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Nuvama has upgraded Indiamart Intermesh to Buy and raised its target price to ₹3,800.
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Jefferies has maintained a Buy on JSW Energy, setting the target price at ₹700 per share.
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Nuvama continues to maintain a Buy rating on Hindustan Unilever (HUL), with a target of ₹3,055.
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Nuvama has also retained a Buy call on Dr. Lal PathLabs, with a target price of ₹3,440 per share.
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Jefferies has reiterated its Buy rating on Jindal Stainless, assigning a target price of ₹800.
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Citi maintains a Buy rating on Mahanagar Gas (MGL), with a target price of ₹1,700 per share.
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Bernstein has upgraded Indian Energy Exchange (IEX) to Market Weight, with a revised target price of ₹160.
Disclaimer: The views and recommendations expressed above are those of the respective brokerage firms. They do not represent the views of this publication and are not investment advice. Investors are advised to consult with certified financial advisors before making any investment decisions.
