te Should you buy or sell Titan, Marico, GCPL, other stocks today? | Zee Business

Should you buy or sell Titan, Marico, Godrej Consumer, Bajaj Finance, other stocks today? Here is what brokerages suggest

Here's what JP Morgan, Morgan Stanley, Macquarie, Citi and CLSA make of stocks such as Titan, Marico, Godrej Consumers, Tata Steel, SBI, Bajaj Finance and Shree Cement.

Should you buy or sell Titan, Marico, Godrej Consumer, Bajaj Finance, other stocks today? Here is what brokerages suggest
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As Dalal Street enters the January 8 session, brokerages have a dozen of stocks on their radar. Here's what JPMorgan, Morgan Stanley, Macquarie, Citi and CLSA make of stocks such as Titan, Marico, Godrej Consumers, Tata Steel, SBI, Bajaj Finance and Shree Cement:

Titan

CLSA has a 'buy' call on Titan with a target price of Rs 4,494. JPMorgan has an 'overheight' rating on the stock with a target of Rs 3,950. Morgan Stanley has maintained an 'equal-weight' rating on Titan with a target of Rs 3,190.

Marico

CLSA has a 'sell' rating on Marico with a target of Rs 524, while JPMorgan has a 'neutral' rating on the FMCG company with a target price of Rs 550. Morgan Stanley has an 'equal-weight' rating on the stock with a target of Rs 553.

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GCPL

CLSA has a 'sell' call on Godrej Consumer Products Ltd (GCPL) with a target of Rs 936. JPMorgan and Morgan Stanley each have maintained an 'overweight' rating on Godrej Consumer with targets of Rs 1,300 and Rs 1,072, respectively. Nomura has a 'buy' call on GCPL shares with a target of Rs 1,240.

Sula Vineyards

CLSA has a 'buy' call on Sula Vineyards shares with a target price of Rs 863.

BPCL, HPCL, IOC

JPMorgan has a 'overweight' rating on Bharat Petroleum Corporation Limited (BPCL) with a target of Rs 615. 

JPMorgan has a 'neutral' rating on Hindustan Petroleum Corp Ltd (HPCL) with a target of Rs 375. Morgan Stanley has a 'overweight' rating on the stock with a target of Rs 555.

JPMorgan and Morgan Stanley each have a 'overweight' rating on Indian Oil Corporation Ltd (IOCL) with targets of Rs 155 and Rs 191, respectively.

Tata Steel

Morgan Stanley has maintained an 'equal-weight' rating on Tata Steel with a target of Rs 120.

Bank of Baroda

Morgan Stanley has maintained an 'equal-weight' rating on Bank of Baroda (BoB) with a target of Rs 240. Citi has a 'buy' call on the PSU lender with a target of Rs 245. Macquarie has an 'underperform' rating on Bank of Baroda with a target of Rs 180.

LIC

Macquarie has a 'neutral' rating on Life Insurance Corporation of India (LICI) with a target of Rs 850.

SBI Life Insurance

JPMorgan and Macquarie each have a 'neutral' rating on SBI Life Insurance with targets of Rs 1,250 and Rs 1,600, respectively.

ICICI Prudential Life Insurance

JPMorgan has an 'overweight' rating on ICICI Prudential Life Insurance with a target of Rs 670. Macquarie has a 'neutral' rating on the private insurer with a target of Rs 540.

Bajaj Finance

Macquarie has a 'neutral' rating on Bajaj Finance with a target of Rs 8,100.

SBI

Macquarie has a 'neutral' rating on SBI with a target of Rs 615.

PB Fintech

Macquarie has an 'underperform' rating on PB Fintech with a target of Rs 610.

Shree Cement, Ramco Cements

CLSA has an 'underperform' rating each for cement makers Shree Cement and Ramco Cements. The brokerage has targets of Rs 27,200 and Rs 1,085 for Shree Cement and Ramco Cements, respectively.

Written By: Ankur Gupta
Updated: Mon, Jan 08, 2024
10:29 am
New Delhi, ZeeBiz WebDesk
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