Stocks to BUY, SELL or HOLD Today, November 6: Brokerage firms have released a fresh set of recommendations on several stocks across sectors, including automobiles, metals, pharmaceuticals, banking, consumer goods and infrastructure. Global brokerages such as Morgan Stanley, Goldman Sachs, Citi and Bernstein, along with domestic brokerage Elara Capital, have reiterated, upgraded or revised their ratings and share price targets for multiple companies.
Mahindra & Mahindra, Titan Company, Hindalco Industries, Britannia Industries and Astral are among the stocks covered by multiple brokerages. While some analysts have raised their target prices, others have trimmed their estimates. Here is a look at the latest brokerage ratings and share price targets.
Stocks to BUY, SELL or HOLD Today
| Company Name | Brokerage Firm | Rating | Share Price Target |
|---|---|---|---|
| Hindalco Industries | Morgan Stanley | OVERWEIGHT (Maintains) | Rs 1,140 |
| Hindalco Industries | Citi | NEUTRAL (Maintains) | Rs 1,140 |
| Mahindra & Mahindra | Elara Capital | BUY (Reiterates) | Rs 4,130 (Down from Rs 4,578) |
| Mahindra & Mahindra | Goldman Sachs | BUY (Maintains) | Rs 3,850 (Up from Rs 3,700) |
| Mahindra & Mahindra | Citi | BUY (Maintains) | Rs 4,330 (Up from Rs 4,260) |
| Mahindra & Mahindra | Morgan Stanley | OVERWEIGHT (Maintains) | Rs 4,370 |
| IPCA Laboratories | Elara Capital | REDUCE (Maintains) | Rs 1,981 (Down from previous target) |
| Britannia Industries | Morgan Stanley | EQUAL-WEIGHT (Maintains) | Rs 5,952 |
| Britannia Industries | Goldman Sachs | NEUTRAL (Maintains) | Rs 6,000 |
| Pricol | Goldman Sachs | BUY (Maintains) | Rs 890 (Up from Rs 840) |
| Sansera Engineering | Goldman Sachs | BUY (Maintains) | Rs 5,260 |
| RITES | Elara Capital | BUY (Reiterates) | Rs 315 (Up from Rs 300) |
| Balrampur Chini Mills | Elara Capital | BUY (Upgraded from ACCUMULATE) | Rs 874 |
| NHPC | Elara Capital | BUY (Reiterates) | Rs 97 |
| Bharat Forge | Goldman Sachs | NEUTRAL (Maintains) | Rs 1,850 (Down from Rs 1,950) |
| Samvardhana Motherson | Goldman Sachs | NEUTRAL (Maintains) | Rs 176 (Up from Rs 165) |
| Samvardhana Motherson | Citi | SELL (Maintains) | Rs 140 (Up from Rs 115) |
| Vedant Fashions | Morgan Stanley | UNDERWEIGHT (Maintains) | Rs 372 |
| Uno Minda | Goldman Sachs | BUY (Maintains) | Rs 1,600 (Up from Rs 1,510) |
| Emami | Goldman Sachs | BUY (Maintains) | Rs 625 |
| Apollo Hospitals | Goldman Sachs | BUY (Reiterates) | Rs 10,150 (Up from Rs 10,100) |
| Titan Company | Citi | BUY (Maintains) | Rs 5,875 (Up from Rs 5,700) |
| Titan Company | Bernstein | OUTPERFORM (Reiterates) | Rs 5,400 |
| Titan Company | Morgan Stanley | OVERWEIGHT (Maintains) | Rs 5,483 |
| Astral | Citi | BUY (Maintains) | Rs 1,775 (Down from Rs 1,900) |
| Astral | Morgan Stanley | OVERWEIGHT (Maintains) | Rs 1,740 (Up from Rs 1,660) |
| Bharti Airtel | Citi | BUY (Maintains) | Rs 2,230 |
| Dabur India | Morgan Stanley | UNDERWEIGHT (Maintains) | Rs 425 |
| ONGC | Morgan Stanley | OVERWEIGHT (Maintains) | Rs 331 |
| Adani Ports & SEZ | Elara Capital | BUY (Reiterates) | Rs 2,432 (Up from Rs 2,107) |
| Berger Paints | Elara Capital | ACCUMULATE (Reiterates) | Rs 545 (Down from Rs 575) |
| Life Insurance Corporation | Goldman Sachs | NEUTRAL (Reiterates) | Rs 440 |
Hindalco Industries Share Price Target
- Morgan Stanley maintains an OVERWEIGHT rating on Hindalco Industries with a target price of Rs 1,140.
- Citi maintains a NEUTRAL rating on Hindalco Industries with a target price of Rs 1,140.
Mahindra & Mahindra Share Price Target
- Elara Capital reiterates its BUY rating on Mahindra & Mahindra but cuts its target price to Rs 4,130 from Rs 4,578.
- Goldman Sachs maintains a BUY rating on Mahindra & Mahindra and raises its target price to Rs 3,850 from Rs 3,700.
- Citi maintains a BUY rating on Mahindra & Mahindra and raises its target price to Rs 4,330 from Rs 4,260.
- Morgan Stanley maintains an OVERWEIGHT rating on Mahindra & Mahindra with a target price of Rs 4,370.
IPCA Laboratories Share Price Target
Elara Capital maintains a REDUCE rating on IPCA Laboratories and cuts its target price to Rs 1,981.
Britannia Industries Share Price Target
- Morgan Stanley maintains an EQUAL-WEIGHT rating on Britannia Industries with a target price of Rs 5,952.
- Goldman Sachs maintains a NEUTRAL rating on Britannia Industries with a target price of Rs 6,000.
Pricol Share Price Target
Goldman Sachs maintains a BUY rating on Pricol and raises its target price to Rs 890 from Rs 840.
Sansera Engineering Share Price Target
Goldman Sachs maintains a BUY rating on Sansera Engineering with a target price of Rs 5,260.
Elara Capital reiterates its BUY rating on RITES and raises its target price to Rs 315 from Rs 300.
Balrampur Chini Mills Share Price Target
Elara Capital upgrades Balrampur Chini Mills to BUY from ACCUMULATE and sets a target price of Rs 874.
Elara Capital reiterates its BUY rating on NHPC with a target price of Rs 97.
Bharat Forge Share Price Target
Goldman Sachs maintains a NEUTRAL rating on Bharat Forge and cuts its target price to Rs 1,850 from Rs 1,950.
Samvardhana Motherson Share Price Target
- Goldman Sachs maintains a NEUTRAL rating on Samvardhana Motherson and raises its target price to Rs 176 from Rs 165.
- Citi maintains a SELL rating on Samvardhana Motherson and raises its target price to Rs 140 from Rs 115.
Vedant Fashions Share Price Target
Morgan Stanley maintains an UNDERWEIGHT rating on Vedant Fashions with a target price of Rs 372.
Uno Minda Share Price Target
Goldman Sachs maintains a BUY rating on Uno Minda and raises its target price to Rs 1,600 from Rs 1,510.
Goldman Sachs maintains a BUY rating on Emami with a target price of Rs 625.
Apollo Hospitals Share Price Target
Goldman Sachs reiterates its BUY rating on Apollo Hospitals and raises its target price to Rs 10,150 from Rs 10,100.
Titan Company Share Price Target
- Citi maintains a BUY rating on Titan Company and raises its target price to Rs 5,875 from Rs 5,700.
- Bernstein reiterates its OUTPERFORM rating on Titan Company and maintains its target price at Rs 5,400.
- Morgan Stanley maintains an OVERWEIGHT rating on Titan Company with a target price of Rs 5,483.
Astral Share Price Target
- Citi maintains a BUY rating on Astral but cuts its target price to Rs 1,775 from Rs 1,900.
- Morgan Stanley maintains an OVERWEIGHT rating on Astral and raises its target price to Rs 1,740 from Rs 1,660.
Bharti Airtel Share Price Target
Citi maintains a BUY rating on Bharti Airtel with a target price of Rs 2,230.
Dabur India Share Price Target
Morgan Stanley maintains an UNDERWEIGHT rating on Dabur India with a target price of Rs 425.
Morgan Stanley maintains an OVERWEIGHT rating on ONGC with a target price of Rs 331.
Adani Ports & SEZ Share Price Target
Elara Capital reiterates its BUY rating on Adani Ports & SEZ and raises its target price to Rs 2,432 from Rs 2,107.
Berger Paints Share Price Target
Elara Capital reiterates its ACCUMULATE rating on Berger Paints but cuts its target price to Rs 545 from Rs 575.
Life Insurance Corporation Share Price Target
Goldman Sachs reiterates its NEUTRAL rating on Life Insurance Corporation with a target price of Rs 440.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)