What brokerages recommend on L&T, Coal India, IPCA Labs, OMC, other stocks today
Brokerage stock recommendations: Here's what HSBC, JPMorgan, Jefferies and CLSA make of stocks such as L&T, Coal India and IPCA Laboratories.
Brokerage stock recommendations: As Dalal Street enters the March 14 session, brokerages have several stocks on their radar. Here's what HSBC, JPMorgan, Jefferies and CLSA make of stocks such as L&T, Coal India and IPCA Laboratories:
IPCA Labs share price target: HSBC has a 'buy' call on the IPCA Laboratories stock with a target of Rs 1,335.
IIFL share price target: HSBC has an 'underperform' rating on the IIFL Finance stock with a target of Rs 340.
ITC share price target: JPMorgan has maintained an 'overweight' rating on the ITC stock with a target of Rs 490.
Coal India share price target: Jefferies has maintained a 'buy' call on the Coal India stock with a target of Rs 520.
L&T share price target: CLSA has maintained a 'buy' call on the Larsen and Toubro (L&T) stock with a target of Rs 4,260.
Brokerages on OMCs: BPCL, HPCL, IOCL
Two brokerages, HSBC and CLSA have maintained 'buy' ratings on oil marketing companies (OMCs) Indian Oil, HPCL and BPCL, and natural gas major ONGC.
BPCL share price target: HSBC has maintained a 'buy' call on the Bharat Petroleum Corporation Ltd (BPCL) stock with a target of Rs 860.
HPCL share price target: HSBC has retained a 'buy' call on the Hindustan Petroleum Corp Ltd (HPCL) stock with a target of Rs 630.
IOCL share price target: HSBC has maintained a 'buy' call on the Indian Oil Corporation Ltd (IOCL) stock with a target of Rs 185.
ONGC share price target: CLSA has kept a 'buy' call on the Oil and Natural Gas Corporation (ONGC) stock with a target of Rs 300.
Cholamandalam share price target: Jefferies has continued with a 'buy' call on the Cholamandalam Investment and Finance Company stock with a target of Rs 1,400.
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