Should you buy, sell or hold HDFC, Hero MotoCorp, Tata Power, TVS, Dabur, other stocks in focus today?

Indian equity benchmarks Nifty 50 and Sensex continued to struggle against steep losses after a gap-down start on Friday. Brokerages shared their views on HDFC, Hero MotoCorp, Tata Power, TVS Motor Company and other stocks in focus on Dalal Street.

Here is what brokerages make of some of the stocks in focus in the Indian share market today. | Image: Pixabay

Indian equity benchmarks Nifty 50 and Sensex continued to struggle against steep losses after a gap-down start on Friday. Here's what brokerages make of HDFC, Hero MotoCorp, Tata Power, TVS Motor Company and other stocks in focus on Dalal Street.

HDFC

Brokerage	Rating	Target price
CLSA	Buy	Rs 3,050
Nomura	Buy	Rs 3,100
Macquarie	Outperform	Rs 3,060

Hero MotoCorp

Brokerage	Rating	Target price
UBS	Sell	Rs 2,400
Goldman Sachs	Sell	Rs 2,170
Morgan Stanley	Underweight	Rs 2,229
Jefferies	Buy	Rs 3,000
Citi	Buy	Revised to Rs 3,650 from Rs 3,300
Macquarie	Neutral	Rs 2,640

TVS Motor Company

Brokerage	Rating	Target price
CLSA	Sell	Raised to Rs 1,081 from Rs 1,049
JPMorgan	Overweight	Rs 1,330
Jefferies	Buy	Rs 1,550
Citi	Sell	Rs 870
Goldman Sachs	Neutral	Raised to Rs 1,180 from Rs 1,150
Macquarie	Outperofrm	Rs 1,354

Larsen & Toubro (LT)

CLSA maintained a 'buy' call on Larsen & Toubro and raised its target price for the stock of the construction major to Rs 2,790 from Rs 2,570. According to the brokerage, the company's subsidiaries are on the right path, with large orders from the Middle East set to drive the its core business.

Tata Power

Brokerage	Rating	Target price
BofA Securities	Buy	Rs 244
CLSA	Sell	Reduced to Rs 189 from Rs 196

According to CLSA, which reduced its target price for Tata Power by Rs 7 to Rs 189, the quality of results remains a challenge for Tata Power, though support comes in from one-off numbers.

Godrej Properties

Brokerage	Rating	Target price
CLSA	Outperform	Raised to Rs 1,482 from Rs 2,335
Morgan Stanley	Revised to 'equal-weight' from 'underweight'	Reduced to Rs 1,354 from Rs 1,487

Dabur

Brokerage	Rating	Target price
CLSA	Outperform	Raised to Rs 620 from Rs 600
JPMorgan	Neutral	Cut to Rs 570 from Rs 590
Morgan Stanley	Overweight	Cut to Rs 606 from Rs 660
Jefferies	Revised to 'hold' from 'buy'	Cut to Rs 545 from Rs 640
Goldman Sachs	Buy	Cut to Rs 600 from Rs 650
Macquarie	Neutral	Rs 545

Catch latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.

TAGS: