Stocks to BUY, SELL or HOLD Today, March 23: Brokerage firms like ICICI Bank, Kalyan Jewellers, and InterGlobe Aviation remain in focus after fresh target price revisions. Analysts highlight growth potential, valuation comfort, and sector-specific risks, offering key insights for investors looking to make informed stock market decisions today.
MOSL reiterates BUY on ICICI Bank with a target price of Rs 1,750 after the management meet, citing healthy loan growth and broad‑based participation across retail, corporate, and SME segments.
MOSL maintains Buy on Kalyan Jewellers with a revised target price of Rs 550 (from Rs 600), citing expectations of sustained strong growth driven by robust demand for leading jewellery brands in India.
Coforge Share Price Target 2026
MOSL maintains Buy on Coforge with a revised target price of Rs 1,880 (from Rs 2,500); valuations appear attractive after the recent correction, though travel‑sector exposure remains sensitive amid geopolitical tensions.
CIE Automotive Share Price Target 2026
MOSL maintains Buy on CIE Automotive with a target price of Rs 546 (from Rs 539), expecting the India business to regain outperformance versus industry growth after recent underperformance.
Morgan Stanley maintains an Overweight on IndiGo with an unchanged target price of Rs 6,498, noting the removal of government‑imposed airfare caps as a positive for revenue and pricing flexibility.
Grasim Share Price Target 2026
Morgan Stanley maintains an Overweight on Grasim with an unchanged target price of Rs 3,865, highlighting the paints business’ ambition to scale revenues to Rs 100 billion by 2028 as a key growth driver.
ITC Share Price Target 2026
Morgan Stanley maintains an equal-weight on ITC with a target price of Rs 346, noting the cigarette industry’s steep, nearly 40 per cent one‑time tax hike effective February 1, while ITC has adopted a more staggered pricing strategy.
(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.)
