Brokerage Calls

Global financial giant Morgan Stanley has reaffirmed its 'Overweight' rating on India's IT behemoth Tata Consultancy Services [TCS], setting a target price of ₹2,880 and signaling a potential 10% upside for investors.

Persistent Systems [PERSISTENT] saw its shares decline over 4% post-Q4 results, even as net profit soared by 34% year-on-year. The dip was influenced by several brokerages, including Nomura, cutting their future estimates.

Nestle India [NESTLEIND] shares jumped approximately 3% after reporting strong Q4 results driven by volume-led growth and healthy margins. Despite the stellar performance, brokerages like Nomura and Macquarie maintain neutral views, citing premium valuations.

HCLTech [HCLTECH] shares experienced a significant drop following its Q4 FY24 results and cautious FY27 guidance, prompting major brokerages like JPMorgan and HSBC to revise their target prices downwards.

Global brokerage firm Morgan Stanley has assigned an 'Overweight' rating to PNB Housing Finance [PNBHOUSING], projecting a significant upside of approximately 28% with a target price of ₹1,160.

Hyundai Motor India [HYUNDAIMOTOR] has drawn a Hold rating from Asit C Mehta Investment Advisors, citing structural challenges including market share pressures and limited product diversification in the competitive Indian auto sector.

Evaluate Research has initiated a bullish stance on Paisalo Digital Ltd [PAISALO], projecting significant upside potential from current valuations. The fintech NBFC is trading near multi-year lows, presenting a potential opportunity for value investors.

Investec initiates coverage on ACME Solar Holdings [ACMESOLAR] with a BUY rating and ₹319 target price, citing four key growth catalysts. The stock surged 8% on the announcement.

Major brokerages weigh in on frontline Indian stocks, with Morgan Stanley maintaining a neutral stance on Infosys while Elara Capital upgrades United Spirits on improved financial visibility and value unlocking potential.

Goldman Sachs has downgraded Indian equities and reduced its Nifty 50 target to ₹25,900, citing escalating US-Iran tensions and rising crude oil prices. The brokerage now favors defensive sectors over cyclicals.

UBS has shortlisted 10 large-cap stocks including Reliance Industries and Adani Ports that can deliver significant returns despite macroeconomic challenges. The brokerage cites strong fundamentals and business diversification as key catalysts.

Goldman Sachs has pinpointed seven fundamentally strong companies with solid earnings and balance sheets that offer compelling value opportunities, even as the brokerage maintains a conservative outlook on the broader Indian equity market.

Morgan Stanley initiates coverage on Mankind Pharma [MANPHARMA] with an Overweight rating, targeting ₹2,500 per share. The brokerage sees significant growth potential driven by domestic market recovery and BSV integration.

Kotak Securities' technical analyst Amol Athawale identifies three promising stocks for a 1-2 week trading window, with specific price targets and risk management levels.

As Indian equities rally on positive geopolitical developments, Choice Broking's Sumeet Bagadia identifies five stocks demonstrating strong technical breakout signals worth considering for long-term investors.

Goldman Sachs has downgraded Indian equities from 'overweight' to 'market weight', citing slower earnings growth and oil price volatility. The brokerage has also reduced its 12-month Nifty target to ₹25,900.

Select large-cap and mid-cap stocks carry analyst 'Strong Buy' and 'Buy' ratings with potential upside of over 20% annually. Despite near-term market headwinds, strategic positioning in resilient sectors could deliver attractive returns.

Market analysts identify selective buying opportunities in Triveni Engineering [TRIVENIENG] and Authum Investment as Nifty sustains bullish momentum amid easing geopolitical tensions.

Escalating Middle East tensions threaten to push crude prices higher, potentially compressing India's earnings growth from 16% to just 11%. UBS has identified defensive stocks that could weather the oil shock.

Ambit Institutional Equities has downgraded three major oil marketing companies on expectations of sustained high crude prices and margin compression, while preferring upstream energy players.