Brokerage Radar: Earning opportunity has arrived, brokerage advised BUY on these shares


Both the stock market indices are trading with gains. In this booming business, brokerage firms have issued notes on many shares. The brokerage firm has increased the price targets of many stocks and has also advised investors to buy. In the article below, we will tell you about those stocks which have been given ‘BUY’ rating by the brokerage firm.

Havells

Brokerage firm Nomura upgraded the share rating of Havells from Neutral to Buy. Apart from this, the share price target was also increased to Rs 1,943 per share. The firm said that the company’s growth momentum is likely to continue. Currently the valuation of the company is quite excellent.

Adani Green

Brokerage firm Jefferies has kept the rating of Adani Green share as Buy. However, the brokerage has reduced the target price to Rs 1,300 per share. Earlier the target price of the company was Rs 2,000 per share. The brokerage said in its note that the company’s capacity in the financial year 2024-25 was less than in the last 9 months. Apart from this, the company’s EBITDA also declined by 4-23 percent than expected.

Adani Ports

Jefferies has advised to buy Adani Ports shares. Its share price target was also reduced from Rs 1,855 per share to Rs 1,440 per share.

Adani Enterprises

Jefferies has maintained Buy rating on Adani Enterprises shares. Apart from this, the target price was also increased to Rs 3800 per share. Jefferies said asset monetization is likely to improve cashflow.

SBI Life

SBI Life had released its third quarter results. After these results, many brokerage firms changed the rating of the company’s shares to ‘BUY’. Bernstein set the share price target at Rs 2270 per share. At the same time, Nomura increased the target price to Rs 1835 per share.

HSBC and Goldman Sachs have increased the share price target to Rs 1800. However, brokerage firm Macquarie has given neutral rating to the share and has set the target price at Rs 1435 per share.

Tech Mahindra

Many brokerage firms have mixed opinions regarding Tech Mahindra. Brokerage firm Nomura advised to buy the stock and set the target price at Rs 1900 per share. At the same time, Morgan Stanley equal-weighted the rating of the stock and increased the target price to Rs 1750 per share.

Wipro

After the third quarter results of IT company Wipro, many brokerage firms advised to SELL the shares. However, brokerage firms Nomura and Macquarie advised buying the stock. At the same time, the share price target was increased to Rs 340 per share.

Disclaimer: This information is for informational purposes only and should not be construed as investment advice. It is recommended to consult a financial advisor before making investment decisions.