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Bloomberg Quint
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Stock Recommendations Today: Torrent Pharma, Zydus, Hindalco On Brokerages' Radar
- Analyst calls on Torrent Pharma, Zydus, and Hindalco were featured in the recommendations today.
- Citi expects Torrent Pharma to sustain margin expansion driven by operating leverage in branded markets post a strong Q4 result.
- Citi also views Hindalco positively due to stronger aluminum performance and debt reduction but recommends a 'sell' on Zydus.
- Morgan Stanley and JPMorgan comment on India's strong fundamentals and foreign investor interest in the country.
- Concerns on Zydus' margin contraction and positive outlook for Hindalco's aluminum performance were highlighted by analysts.
- Foreign portfolio positioning in India is at its weakest since 2000, but views on India are showing signs of change.
- Citi maintains a 'Buy' on Torrent Pharma with a target price of Rs 4,000, while JPMorgan hikes target price for Hindalco to Rs 720.
- Goldman Sachs projects India to be among the top economies by 2050 and emphasizes the growth potential of emerging markets like India and Indonesia.
- Stock recommendations and target prices for United Spirits, Bharat Electronics, and Dixon Technologies were also discussed.
- Analysts provided insights on various sectors and companies like United Spirits, Bharat Electronics, and Dixon Technologies in the current market scenario.
- India's market is expected to be more stock pickers' driven rather than macro-driven, with preferences for sectors like financials, consumer discretionary, and industrials.
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