Stocks to BUY Today, November 8: As Dalal Street gears up for the special Diwali Muhurat Trading session, several stocks are on brokerage firms’ radar following fresh recommendations, rating upgrades and revised share price targets. From Divis Laboratories and Siemens to Tata Steel, Bharti Airtel and Fortis Healthcare, 10 stocks have received BUY or Accumulate ratings from brokerages, with share price targets extending across different sectors.
The recommendations include fresh BUY calls, retained ratings and upgrades from brokerage firms such as Nuvama, Emkay, DAM Capital and PL Capital. Tata Steel has received an upgrade to BUY from Nuvama, while Emkay has retained its positive stance on Siemens and BEML.
Stocks to BUY Today: Top 10 Brokerage Recommendations
Divis Laboratories Share Price Target
Nuvama has maintained a BUY rating on Divis Laboratories, with a share price target of Rs 10,305.
Siemens Share Price Target
Emkay has retained its BUY rating on Siemens while reducing its share price target by 6.5 per cent to Rs 4,300 from Rs 4,600.
Nuvama has upgraded Tata Steel to BUY and raised its share price target to Rs 219 from Rs 209.
Ratnamani Metals & Tubes Share Price Target
DAM Capital has maintained a BUY rating on Ratnamani Metals & Tubes, with a share price target of Rs 2,980, indicating an upside of 21 per cent.
Fortis Healthcare Share Price Target
PL Capital has assigned a BUY rating to Fortis Healthcare, with a share price target of Rs 950.
Emkay has maintained its BUY rating on BEML with an unchanged share price target of Rs 2,600.
PL Capital has assigned an Accumulate rating to Oil & Natural Gas Corporation (ONGC), with a share price target of Rs 260.
Hindalco Industries Share Price Target
PL Capital has maintained a BUY rating on Hindalco Industries, with a share price target of Rs 1,141.
Bharti Airtel Share Price Target
PL Capital has maintained a BUY rating on Bharti Airtel, with a share price target of Rs 2,411.
Jubilant FoodWorks Share Price Target
Nuvama has maintained a BUY rating on Jubilant FoodWorks, with a revised share price target of Rs 614 against its earlier target of Rs 646.