Stocks to BUY, SELL or HOLD Today, November 3: Brokerages have issued fresh recommendations on several stocks, including ITC, Lodha Developers, Syrma SGS Technology, Devyani International and Marico, with ratings ranging from Buy to Hold. Nuvama has upgraded ITC to Buy from Hold, while Emkay has retained its Add rating.
Jefferies, Nomura, DAM Capital, Motilal Oswal and Centrum have also maintained largely positive views on several companies, although some have revised their share price targets. Notable changes include Nuvama raising its target for Syrma SGS Technology and cutting targets for UPL and PCBL, while Jefferies has raised its target for Lodha Developers. Here is what brokerages recommend today.
BUY, SELL or HOLD Stocks Today
Here’s the list of stocks to BUY, SELL or HOLD on November 3:
| Top Brokerage Picks | Brokerage | Rating | Target Price |
| ITC | Nuvama | Buy (Upgraded from Hold) | Rs 310 (Unchanged) |
| ITC | Emkay | Add (Maintained) | Rs 300 (Cut 3%) |
| ITC | DAM Capital | Buy (Maintained) | Rs 355 (Unchanged) |
| Granules India | Emkay | Buy (Maintained) | Rs 950 (Unchanged) |
| Syrma SGS Technology | Emkay | Not Specified | Rs 2,050 (Maintained) |
| Syrma SGS Technology | Nuvama | Buy (Maintained) | Rs 2,100 (Raised from Rs 1,950) |
| Marico | Emkay | Buy (Maintained) | Rs 1,000 (Cut 5%) |
| Aditya Birla Lifestyle Brands | Emkay | Buy (Maintained) | Rs 140 (Unchanged) |
| Aditya Birla Lifestyle Brands | Nuvama | Buy (Maintained) | Rs 119 (Cut from Rs 140) |
| Lodha Developers | Emkay | Buy (Maintained) | Rs 1,400 (Unchanged) |
| Lodha Developers | Motilal Oswal | Buy (Maintained) | Rs 1,375 |
| Lodha Developers | Jefferies | Buy (Maintained) | Rs 1,450 (Raised from Rs 1,400) |
| Devyani International | Emkay | Buy (Maintained) | Rs 160 (Unchanged) |
| Devyani International | Nuvama | Buy (Maintained) | Rs 149 (Cut from Rs 164) |
| PCBL | Nuvama | Hold (Maintained) | Rs 315 (Cut from Rs 350) |
| UPL | Nuvama | Hold (Maintained) | Rs 573 (Cut from Rs 704) |
| Affle 3i | DAM Capital | Buy (Maintained) | Rs 1,790 (Unchanged) |
| Greenpanel Industries | DAM Capital | Neutral (Maintained) | Rs 130 (Cut 32%) |
| Rainbow Children’s Medicare | Centrum | Buy (Maintained) | Rs 1,618 (Revised Down) |
| Finolex Industries | Jefferies | Buy (Maintained) | Rs 180 (Cut from Rs 210) |
| Radico Khaitan | Jefferies | Buy (Maintained; Top Pick) | Rs 5,300 (Unchanged) |
| United Spirits | Jefferies | Buy | Rs 1,620 (Unchanged) |
| Allied Blenders & Distillers | Jefferies | Buy (Maintained) | Rs 820 (Unchanged) |
| GAIL | Nomura | Buy (Maintained) | Rs 210 (Raised from Rs 195) |
| Dixon Technologies | Nomura | Buy (Maintained) | Rs 15,664 (Cut from Rs 17,086) |
| Adani Ports & SEZ | Nomura | Buy (Maintained) | Rs 2,150 (Unchanged) |
| Petronet LNG | Nomura | Buy (Maintained) | Rs 345 (Unchanged) |
- Nuvama has upgraded its rating on ITC to Buy from Hold, while maintaining its share price target at Rs 310.
- Emkay has maintained its Add rating but cut the target price by 3 per cent to Rs 300.
- DAM Capital has also maintained its Buy rating on the stock with a target price of Rs 355.
Granules India Share Price Target
Emkay has maintained its Buy rating on Granules India, with an unchanged share price target of Rs 950.
Syrma SGS Technology Share Price Target
- Emkay has maintained its share price target for Syrma SGS Technology at Rs 2,050.
- Nuvama has maintained its Buy rating and raised the target price to Rs 2,100 from Rs 1,950.
Marico Share Price Target
Emkay has maintained its Buy rating on Marico but reduced its share price target by 5 per cent to Rs 1,000.
Aditya Birla Lifestyle Brands Share Price Target
- Emkay has maintained its Buy rating on Aditya Birla Lifestyle Brands (ABLBL), with an unchanged target price of Rs 140.
- Nuvama has retained its Buy rating but cut the share price target to Rs 119 from Rs 140.
Lodha Developers Share Price Target
- Emkay has maintained its Buy rating on Lodha Developers, with an unchanged target price of Rs 1,400.
- Motilal Oswal has also maintained its Buy rating, with a target price of Rs 1,375.
- Jefferies has raised its target price to Rs 1,450 from Rs 1,400, while retaining its Buy rating.
Devyani International Share Price Target
- Emkay has maintained its Buy rating on Devyani International, with an unchanged target price of Rs 160.
- Nuvama has also maintained its Buy rating but reduced the target price to Rs 149 from Rs 164.
Nuvama has maintained its Hold rating on PCBL but cut its share price target to Rs 315 from Rs 350.
Nuvama has retained its Hold rating on UPL while reducing its target price to Rs 573 from Rs 704.
Affle 3i Share Price Target
DAM Capital has maintained its Buy rating on Affle 3i, with an unchanged share price target of Rs 1,790.
Greenpanel Industries Share Price Target
DAM Capital has maintained its Neutral rating on Greenpanel Industries but slashed its target price by 32 per cent to Rs 130 from approximately Rs 190.
Rainbow Children’s Medicare Share Price Target
Centrum has maintained its Buy rating on Rainbow Children’s Medicare and revised its share price target down to Rs 1,618.
Finolex Industries Share Price Target
Jefferies has maintained its Buy rating on Finolex Industries but reduced its target price to Rs 180 from Rs 210.
Radico Khaitan Share Price Target
Jefferies has maintained its Buy rating on Radico Khaitan, retaining the stock as its top pick. The brokerage has kept its share price target unchanged at Rs 5,300.
United Spirits Share Price Target
Jefferies has maintained its Buy rating on United Spirits (USL), with an unchanged share price target of Rs 1,620. The brokerage had upgraded the stock to Buy from Hold.
Allied Blenders & Distillers Share Price Target
Jefferies has maintained its Buy rating on Allied Blenders & Distillers (ABDL), with an unchanged share price target of Rs 820.
Nomura has maintained its Buy rating on GAIL and raised its share price target to Rs 210 from Rs 195.
Dixon Technologies Share Price Target
Nomura has maintained its Buy rating on Dixon Technologies but reduced its target price to Rs 15,664 from Rs 17,086.
Adani Ports & SEZ Share Price Target
Nomura has maintained its Buy rating on Adani Ports & SEZ, with an unchanged share price target of Rs 2,150.
Petronet LNG Share Price Target
Nomura has maintained its Buy rating on Petronet LNG, with an unchanged share price target of Rs 345.
(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.)