Stocks to Buy, Sell or Hold Today, October 23: Shares of Swiggy, Nippon Life India Asset Management, Adani Green Energy, Ola Electric, Colgate-Palmolive India, Havells India, Jindal Stainless, SRF, Balkrishna Industries, Hindustan Petroleum and Sapphire Foods are likely to remain in focus on Friday, October 23, following brokerage recommendations and share price target revisions.
Elara Capital has upgraded Swiggy to BUY while cutting its target, whereas Goldman Sachs has downgraded Ola Electric to SELL. Brokerages have also reduced their share price targets for Colgate-Palmolive India, SRF and Havells India. Meanwhile, analysts have maintained their ratings on several other stocks, including Adani Green Energy, Jindal Stainless and Hindustan Petroleum.
Stocks to BUY, SELL or HOLD Today
Here’s the list of stocks to buy, sell or hold today:
| Top Picks Today | Brokerage | Recommendation | Target Price |
| Swiggy | Elara Capital | BUY (Upgraded from ACCUMULATE) | Rs 300 (Earlier: Rs 350) |
| Swiggy | Morgan Stanley | EQUAL-WEIGHT | Rs 328 |
| Swiggy | Citi | BUY | Rs 330 (Earlier: Rs 390) |
| Swiggy | Bernstein | OUTPERFORM | Rs 350 (Earlier: Rs 430) |
| Nippon Life India Asset Management | Elara Capital | ACCUMULATE | Rs 1,165 (Earlier: Rs 1,200) |
| Adani Green Energy | Elara Capital | ACCUMULATE | Rs 1,502 (Maintained) |
| Adani Green Energy | Morgan Stanley | OVERWEIGHT | Rs 1,525 |
| Ola Electric | Goldman Sachs | SELL (Downgraded from NEUTRAL) | Rs 23 (Earlier: Rs 39.28) |
| Colgate-Palmolive India | Elara Capital | REDUCE | Rs 1,600 (Earlier: Rs 1,980) |
| Colgate-Palmolive India | Goldman Sachs | SELL | Rs 1,800 (Earlier: Rs 2,050) |
| Colgate-Palmolive India | Citi | SELL | Rs 1,575 (Earlier: Rs 2,000) |
| Havells India | Goldman Sachs | BUY | Rs 1,225 (Earlier: Rs 1,400) |
| Jindal Stainless | Goldman Sachs | BUY | Rs 1,000 |
| SRF | Morgan Stanley | UNDERWEIGHT | Rs 2,260 |
| SRF | Citi | SELL | Rs 2,225 (Earlier: Rs 2,575) |
| SRF | Nuvama | BUY | Rs 2,905 (Earlier: Rs 3,303) |
| Balkrishna Industries | Citi | SELL | Rs 2,150 |
| Hindustan Petroleum | Citi | BUY | Rs 435 |
| Sapphire Foods | Bernstein | MARKET-PERFORM | Rs 240 |
Swiggy Share Price Target
- Elara Capital: Upgrades to BUY from ACCUMULATE; cuts share price target to Rs 300 from Rs 350.
- Morgan Stanley: Maintains EQUAL-WEIGHT; share price target at Rs 328.
- Citi: Reiterates BUY; cuts share price target to Rs 330 from Rs 390.
- Bernstein: Reiterates OUTPERFORM; cuts share price target to Rs 350 from Rs 430.
Nippon Life India Asset Management Share Price Target
Elara Capital: Reiterates ACCUMULATE; cuts share price target to Rs 1,165 from Rs 1,200.
Adani Green Energy Share Price Target
- Elara Capital: Reiterates ACCUMULATE; maintains share price target at Rs 1,502.
- Morgan Stanley: Maintains OVERWEIGHT; share price target at Rs 1,525.
Ola Electric Share Price Target
Goldman Sachs: Downgrades to SELL from NEUTRAL; cuts share price target to Rs 23 from Rs 39.28.
Colgate-Palmolive India Share Price Target
- Elara Capital: Reiterates REDUCE; cuts share price target to Rs 1,600 from Rs 1,980.
- Goldman Sachs: Maintains SELL; cuts share price target to Rs 1,800 from Rs 2,050.
- Citi: Maintains SELL; cuts share price target to Rs 1,575 from Rs 2,000.
Goldman Sachs: Maintains BUY; cuts share price target to Rs 1,225 from Rs 1,400.
Goldman Sachs: Maintains BUY; share price target at Rs 1,000.
- Morgan Stanley: Maintains UNDERWEIGHT; share price target at Rs 2,260.
- Citi: Maintains SELL; cuts share price target to Rs 2,225 from Rs 2,575.
- Nuvama: Maintains BUY; cuts share price target to Rs 2,905 from Rs 3,303.
Balkrishna Industries Share Price Target
Citi: Maintains SELL; share price target at Rs 2,150.
Hindustan Petroleum Share Price Target
Citi: Maintains BUY; share price target at Rs 435.
Sapphire Foods Share Price Target
Bernstein: Maintains MARKET-PERFORM; share price target at Rs 240.
(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.)