Here s a look at some of the latest stock recommendations by analysts. These stocks are expected to return between 16% and 24% as per analysts price targets
Morgan Stanley reiterated its overweight rating on Dalmia Bharat, while Macquarie advised an outperform rating for Axis Bank. Jefferies sustained a hold rating on Kotak Mahindra Bank, and Investec endorsed a buy rating for Aurobindo Pharma.
Kotak Mahindra Bank s shares plunged 12% to Rs 1,620 after RBI halted new customer onboarding and credit card issuance. Brokerages slashed target prices due to concerns over online channel reliance and potential long-term growth impact.
The equity market was trading higher today. Sensex rose 27 points to 73,880 and Nifty was trading flat at 22,401. Here s a look at stocks that are buzzing in trade today.