
Anirudha Yerunkar
He is working as Chief Sub Editor with India.com and has experience in Digital Media and YouTube. He has covered Budget 2023, 2024, 2025 for reputed channels. Born and brought up in Mumbai, he is an e ... Read More
BSE Sensex opened flat with a positive bias at 74,024.45, up by 9.90 points or 0.01 per cent. The Nifty50 index too opened in a negative territory at 22,458.80, declined by 3.20 points or 0.01 per cent.
On April 2, brokerage firms came up with their share price target. Here’s what Goldman Sachs, Jefferies, Macquarie, JPMorgan, Citi, Morgan Stanley, CLSA and HSBC make of stocks such as Larsen and Toubro (L&T), DLF, Godrej Properties, Avenue Supermarts (DMart) and Tata Consultancy Services (TCS):
Morgan Stanley gave an ‘underweight’ rating on the Aditya Birla Fashion and Retail Ltd (ABFRL) stock with a target price of Rs 200.
Jefferies expects that export defence opportunity will rise at 21 per cent CAGR in FY23-30.
The brokerage has given a ‘buy’ for Hindustan Aeronautics Ltd (HUL) and Data Patterns India with a target price of Rs 3,900 and Rs 3,545, respectively.
The brokerage also maintained its ‘buy’ rating on Bharat Electronics Ltd (BEL) shares with a target price of Rs 260.
Citi maintained a ‘buy’ call on the Larsen & Toubro (L&T) stock with a target price of Rs 4,373.
Macquarie gave an ‘outperform’ rating on the AB Capital stock with a target price of Rs 230, whereas Morgan Stanley maintained an ‘equal-weight’ rating on the stock with a target price of Rs 190.
Morgan Stanley has given an ‘equal-weight’ rating for DLF and Macrotech Developers, and an ‘overweight’ rating, for Godrej Properties and Prestige Estates Projects. CLSA has maintained a ‘buy’ call on the Prestige Estates Projects with a target price of Rs 1,520.
CLSA has maintained a ‘buy’ call for the Avenue Supermarts (DMart) stock with a target price of Rs 5,514.
Morgan Stanley has maintained an ‘underweight’ rating on the Dixon Technologies stock with a target price of Rs 5,241.
Citi has maintained a Buy rating with a target price of Rs 1758.
Goldman Sachs has maintained a ‘neutral’ rating on the HCL Technologies stock with a target of Rs 1,440.
Citi has maintained a ‘neutral’ rating on the Infosys stock with a target price of Rs 1,660.
Citi has maintained a ‘sell’ call on the Wipro stock with a target price of Rs 440.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice.)
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