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Stock Recommendations Today: Tata Motors, BSE, Devyani International On Brokerages' Radar
- Top companies like Tata Motors, BSE, and Devyani International are on brokerages' radar with various analyst calls highlighted.
- Morgan Stanley forecasts a gradual earnings turnaround for Tata Motors, with potential earnings downgrades in FY26.
- HSBC's India strategy predicts a significant boost in discretionary consumption over the next 18-24 months due to various factors like tax cuts and lower interest rates.
- JPMorgan maintains an Overweight rating for Devyani International, with a target price of Rs 190, expecting growth in KFC stores.
- Citi initiates a Buy rating for Max Life with a target price of Rs 1,840, emphasizing its market share potential and diversified strategy.
- CLSA notes a positive price increase trend in the cement industry and forecasts volume and profit pool expansion driven by Ebitda growth.
- Jefferies recommends a Buy for Navin Fluorine with a target price of Rs 5,280, citing growth prospects from new contracts.
- Goldman Sachs maintains a Neutral view on BSE but raises the target price, citing key catalysts like options trading volume.
- Jefferies cuts the target price for Tata Motors to Rs 600, recognizing challenges in the India CV demand and JLR businesses.
- Nomura offers varied ratings for City Gas Distribution companies like MGL (Upgrade to Buy), IGL (Maintain Neutral), and Gujarat Gas (Maintain Reduce) based on near-term challenges and growth prospects.
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