Shares To Buy Today (02-05-24); Share Price Target Of Cholamandalam, REC, Indian Oil, IndiaMART, Indus Towers, Havells India As Per Brokerages

JPMorgan, Nomura and Citi have maintained a ‘neutral’ rating on Havells shares with a target price of Rs 1,475, Rs 1,603, and Rs 1,814, respectively.

Stocks To Buy

The 30-share BSE Sensex climbed 204.88 points to 74,687.66 in early trade. The NSE Nifty went up by 57.35 points to 22,662.20.

From the Sensex basket, Power Grid, Mahindra & Mahindra, Asian Paints, Tata Steel, Sun Pharma and HDFC Bank were among the major gainers.

Kotak Mahindra Bank, Maruti, Wipro and Titan were among the laggards.

Sona BLW Precision Forgings Share Price Target

Jefferies, Nomura, and Citi have maintained a ‘buy’ call on the Sona BLW Precision Forgings stock with a target Price of Rs 740, Rs 775, and Rs 720, respectively. While CLSA has maintained an ‘outperform’ rating on the stock with a target price of Rs 642.

JPMorgan has a ‘neutral’ rating on shares with a target price of Rs 520. from 505.

Cholamandalam Investment and Finance Share Price Target

Jefferies has maintained a ‘buy’ call on the Cholamandalam Investment and Finance stock with a target price of Rs 1,400.

CLSA and Nomura have maintained a ‘reduce’ rating on Cholamandalam Investment shares with a price target of Rs 1,300 and Rs 1,000, respectively.

Exide Industries Share Price Target

Morgan Stanley has maintained an ‘overweight’ rating on the Exide Industries stock with a target price of Rs 504.

Both Citi and Nomura have maintained a ‘buy’ call on Exide Industries shares with a target price of Rs 560 and Rs 485, respectively.

REC Share Price Target

CLSA has maintained a ‘buy’ call on the REC stock with a target price of Rs 595.

Indian Oil Corporation Share Price Target

Jefferies maintained a ‘hold’ call on the Indian Oil Corporation Ltd (IOCL) stock with a share price target of Rs 175.

Citi and Nomura have maintained a ‘buy’ call on the stock with a share price target of Rs 205 and Rs 195, respectively.

JPMorgan and Morgan Stanley have maintained an ‘overweight’ rating on IOCL with a target price of Rs 195 and Rs 191, respectively, Macquarie, on the other side, has maintained an ‘underperform’ rating on the stock with a target price of Rs 130.

IndiaMART InterMESH Shares Price Target

Jefferies has maintained a ‘buy’ call on the IndiaMART InterMESH stock with a target price of Rs 3,450.

Nomura has maintained a ‘neutral’ rating on IndiaMART InterMESH shares with a target price of Rs 2,520.

Indus Towers Share Price Target

Two brokerages, JPMorgan and Macquarie have a ‘neutral’ rating on the Indus Towers stock with a target of Rs 340 and Rs 230, respectively.

Havells India Share Price Target

HSBC and Goldman Sachs have maintained a ‘buy’ call on the stock with a target price of Rs 1,800 and Rs 1,700, respectively. Jefferies has maintained a ‘hold’ call on the stock with a target price of Rs 1,600. 

JPMorgan, Nomura and Citi have maintained a ‘neutral’ rating on Havells shares with a target price of Rs 1,475, Rs 1,603, and Rs 1,814, respectively.

Macquarie has maintained an ‘outperform’ rating on Havells with a target price of Rs 1,501.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice.)

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