TCS, AU Small Finance Bank, HPCL, GAIL, Rainbow Children Medicare: Should you buy, sell or hold stocks in focus today?

Which stocks to buy, hold or sell today? As Dalal Street enters the April 13 session, here's a look at what brokerages make of some of the key stocks that are trending today. Stocks such as TCS, AU Small Finance Bank, Rainbow Children’s Medicare, HPCL, BPCL, M&M, Hero MotoCorp, and other autos, energy, and healthcare shares are on their radar today.

Here is a list of brokerage calls on some of the stocks in focus today, including TCS, AU Small Finance, Rainbow Children. | Image Source: Pixabay

Which stocks to buy, hold or sell today? As Dalal Street enters the April 13 session, here's a look at what brokerages make of some of the key stocks that are in the focus.

Stocks such as TCS, AU Small Finance Bank, Rainbow Children’s Medicare, HPCL, BPCL, M&M, Hero MotoCorp, and other autos, energy, and healthcare shares are on their radar today.

Do you have any of these stocks in your portfolio?

TRENDING NOW

Check out the full list of what brokerages recommend, including TCS, AU Small Finance Bank, Rainbow Children’s Medicare, HPCL, BPCL, M&M, and other stocks:

Tata Consultancy Services (TCS)

Most global brokerages are not happy with India’s largest IT services company TCS’ March quarter earnings as many of them see the company missing estimates. However, believes it has reported a healthy order book.

Tata Consultancy Services' net profit increased five per cent to Rs 11,390 crore for the quarter ended March 2023 compared with the previous three months, slightly below analysts' estimates.

Brokerages	Rating	Price Target
CLSA	Outperform	Rs 3,550
Morgan Stanley	Equal weight	Rs 3,350
JP Morgan	Underweight	Rs 2,700
Jefferies	Hold	Rs 3,375
Citi	Sell	Rs 3,000
Nomura	Reduce	Rs 2,830
HSBC	Hold	Rs 3,395
Macquarie	Outperform	Rs 4,510

AU Small Finance Bank

Brokerages are bullish on AU Small Finance Bank (SFB) after the lender’s MD and CEO three years of extension in tenure from the Reserve Bank of India. Morgan Stanley has an ‘overweight’ rating and Citi maintained a ‘buy’ stance on the stock.

Brokerages	Rating	Price Target
Morgan Stanley	Overweight	Rs 835
Citi	Buy	Rs 740

With full tenure extension and a peaking interest rate cycle, Morgan Stanley expects stock to stop de-rating and sees strong re-rating over the next few years with strong earnings compounding.

Rainbow Children's Medicare

HSBC initiates a ‘buy’ call on Rainbow Children's Medicare with a target price of Rs 1,025 per share. The brokerage said the company is a compelling investment case to play the niche pediatric care market in India and expects profit after tax to double over FY22-25e

Morgan Stanley on Energy

A benign energy price environment improved domestic demand, significant policy tailwinds, and better capital allocation point to the average upside, Morgan Stanley said in its comment.

Stocks	Rating	Price Target
HPCl	Underweight	Cut to Rs 220 from Rs 254
BPCL	Overweight	Cut to Rs 390 from Rs 440
ONGC	Overweight	Raised to Rs 218 from Rs 199
GAIL	Overweight	Raised to Rs 135 from Rs 124
Petronet LNG	Equal weight	Raised to Rs 235 from Rs 219
Indian Oil	Overweight	Raised to Rs 100 from Rs 88
Oil India	Overweight	Raised to Rs 339 from Rs 323

Goldman Sachs on Auto

Stocks	Rating	Price Target
Bajaj Auto	Neutral	Cut to Rs 4,300 from Rs 4,400
M&M	Buy	Cut to Rs 1,490 from Rs 1,600
Eicher Motors	Buy	Rs 3,660
Hero MotoCorp	Sell	Raised to Rs 2,170 from Rs 2,150
Ashok Leyland	Neutral	Rs 140
TVS Motor	Neutral	Raised to Rs 1,150 from Rs 1,050

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(Disclaimer: The views/suggestions/advices expressed here in this article is solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)

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